Management raised revenue guidance for full fiscal year 2025 to $720 million, based on current operating and market conditions. Jie Li explained that R&D expenses are expected to be between $32 ...

WUHAN, China, Dec. 5, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its ...

BUDAPEST, Hungary & PUNE, India--(BUSINESS WIRE)--thyssenkrupp Steering, a global leader in steering systems, and L&T Technology Services (LTTS), a leading global engineering and technology services ...

Rockville, June 05, 2023 (GLOBE NEWSWIRE) -- The recent research analysis by Fact.MR on the global market global steering shaft provides a thorough overview of the industry's product, end-user, and ...

When talking about the evolution of cars, there are several notable milestones that can’t be omitted. In today’s world, it’s the fight against high emissions, engine downsizing, and electric vehicles ...

As we wait for the highest levels of automated driving to pry the power to steer from our warm, live hands, power steering systems continue to evolve. A novelty when it appeared in the 1991 Acura NSX, ...

Rack and pinion steering is commonly used in modern vehicles to facilitate steering control. It involves a gear assembly consisting of a rack (a straight bar with teeth) and a pinion gear (a small ...

Rear-axle steering, also known as rear-wheel steering or four-wheel steering, is an automotive technology designed to improve a vehicle's handling and maneuverability. By allowing the rear wheels to ...