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 ...

You’ve probably never lost any sleep over a steering maintenance issue. The systems are proven and reliable and don’t require a lot of hands-on contact. Sticking to scheduled fluid and filter changes, ...

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 ...

SEOUL, South Korea--(BUSINESS WIRE)--Hyundai Mobis (KRX:012330) succeeded in developing a customized steering system optimized for autonomous vehicles. It is a cutting-edge technology with no case of ...

The arrival of the first electric steering systems in Europe and Japan in the late 1990s heralded a sea change in the steering systems market, the first since the introduction of hydraulic power ...

For many years, power steering technology was focused on hydraulic systems but demand is increasingly favouring electric mainly due to fuel consumption and logistical benefits. Matthew Beecham reports ...

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 ...

Two power steering designs emerged. Linkage assist steering and the integral power steering gear-each use a constant flow, positive displacement hydraulic pump. The pump, belt-driven by the engine, ...

thyssenkrupp Steering and L&T Technology Services (LTTS) announce strategic agreement to establish software development center in Pune, India The collaboration marks a significant milestone for both ...