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StockPreacher.com Issues Trading Overview for China Automotive Systems Inc. DALLAS, Nov. 20, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring China Automotive Systems Inc. (Nasdaq:CAAS - News). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on China Automotive Systems Inc. (Nasdaq:CAAS - News) should be of particular interest to other automotive systems manufacturing companies: Tenneco Inc. (NYSE:TEN - News), Sorl Auto Parts Inc. (Nasdaq:SORL - News), ArvinMeritor Inc. (NYSE:ARM - News) and Dana Holding Corp. (NYSE:DAN - News). The full report is available at: http://www.stockpreacher.com/n/CAAS Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher China Automotive Systems Inc. (CAAS), through its interests in Sino-Foreign joint ventures, engages in the manufacture and sale of automotive systems and components for the automobile industry in the People's Republic of China. The Company offers automotive parts, power steering gears, automotive steering gears, steering pumps, sensor modular and electric power steering. Message Board Search for CAAS: http://www.boardcentral.com/boards/CAAS In the report, the analyst notes: "The Company has business relations with more than sixty vehicle manufacturers, including FAW Group and Dongfeng Auto Group, two of the five largest automobile manufacturers in China; Shenyang Brilliance Jinbei Co. Ltd., the largest minivan manufacturer in China; Cherry Automobile Co. Ltd, the largest state owned car manufacturer in China; and Zhejiang Geely Automobile Co. Ltd., the largest private owned car manufacturer. In 2007 and 2008, CAAS has supplied power steering pumps and power steering gears for the Sino-Foreign joint ventures established by General Motors and Volkswagen. "The Company has a 10-year consulting and licensing agreement with Bishop Steering Technology Ltd, one of the leading design firms in power steering systems. Bishop's technology in power steering systems is currently used by car makers such as BMW and Mercedes Benz. The Company owns a Hubei Provincial-Level Technical Center, which is approved by the Hubei Economic Commission. In addition, the Company has partnered with Tsinghua University to establish a steering system research center, called Tsinghua Henglong Automobile Steering Research Institute, for the purposes of R&D and experimentation for Electronic Power Steering and Electronic Hydraulic Steering Systems." To read the entire report visit: http://www.stockpreacher.com/n/CAAS See what investors are saying about these stocks at: http://www.stockhideout.com/ StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com StockPreacher.com Disclosure StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures. Contact: StockPreacher.com Jeff Bishop (469) 252-3505 press@beaconequity.com Source: StockPreacher
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