CAAS Supplying North American Aftermarket Steering Gears to Global OEM

China Automotive Systems, Inc.

announced today that it has been selected as a supplier of aftermarket power steering gears to a global OEM's parts division for use in one SUV model in North America. The gears are being produced by the Company in China and exported to North America. The SUV is a well-established model in North America that has been in production for several years and has experienced strong growth in the first nine months of 2011. The supply agreement was reached in 2010 partially based on CAAS's excellent product quality and delivery record.