China Automotive Systems to open local office

China Automotive Systems is moving towards entering the United States' market by opening a office in the Detroit area.

Excerpt:

China Automotive already supplies steering components to two Chinese automakers that are considering exporting to the United States and believes the Chinese-built vehicles it supplies could soon be on American roads.

"I'm sure that will happen within the next few years," Robert Tung, a Washington, D.C.-based independent director for CAS told Reuters.

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