China Automotive Systems announces strategic cooperation agreement with KYB-UMW to expand business in Malaysia
The MOU focuses on technology transfer, collaborative production and localized manufacturing to strengthen ASEAN market presence in steering systems
China Automotive Systems (CAAS), a mainland China-based supplier of power steering components and systems, announced a strategic cooperation memorandum of understanding (MOU) between its subsidiary, Hubei Henglong Automotive Systems Group and KYB-UMW in Malaysia.
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