WUHAN, China, June 13, 2013 /PRNewswire-FirstCall/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced that, on May 31, 2013, the U.S.

China Automotive Systems Inc. (CAAS: Quote) announced that, on May 31, 2013, the U.S. District Court for the Southern District of New York declined to certify a class of investors in a securities fraud class action suit against the Company.

NEW YORK (Reuters) - A federal judge has refused to allow investors suing China Automotive Systems Inc to pursue their securities fraud claims as a class action, in a setback for one of a string of lawsuits against Chinese reverse merger companies.

U.S. auto parts maker Visteon Corp and Huayu Automotive Systems Co, a parts maker majority owned by Chinese carmaker SAIC Motor Corp are among the industry bidders still interested, the sources said. Delphi Automotive had been part of the bidding ...

The company had not included private equity firms earlier in the auction process, they added. U.S. auto parts maker Visteon Corp (VC.N) and Huayu Automotive Systems Co (600741.SS), a parts maker majority owned by Chinese carmaker SAIC Motor Corp ...

Speakers on the agenda include Daniela Chrenko of the Institut Sup�rieur de l'Automobile et des Transports in France, who will speak about the development of hybrid and electric vehicles in Europe, Yi Zheng of Hebei University in China, who will speak ...

"It's going to really rip through the industry in the next five to 15 years," as next-generation planes enter production, said David Fitzpatrick, leader of the North American aerospace and defence practice at AlixPartners, a consulting company. 3-D ...

Yanfeng Visteon Automotive Trim Systems Co., Ltd., a successful China-based partnership between Visteon and Shanghai Automotive Industry Corporation's automotive components group, Huayu Automotive Systems. Through this family of enterprises, ...

Ltd., and Yanfeng Visteon Automotive Trim Systems Co. Ltd. Commenting on the report, an analyst from TechNavio's Automotive team said: As a result of the rising industry challenges, domestic players in the Auto Parts Manufacturing industry in China are ...

Hitachi Cable is going to establish worldwide production systems which are connected with the global supply chains of automotive manufacturers. Hitachi Cable is committed to developing automotive components with extra value which improve the safety, ...