China Automotive Systems, Inc., a leading power steering components and systems supplier in China, has increased its presence in the North American market through a new multi-year agreement to supply Fiat Chrysler Automobiles N.V.'s North American subsidiary, Chrysler Group LLC ("Fiat Chrysler"), steering gears for the 2015 RAM® 4500 and 5500 Chassis Cab trucks.
CAAS began working with Chrysler in 2008 by supplying steering gears to the award-winning Jeep® Wrangler. In 2012, CAAS expanded its relationship with Chrysler by supplying steering gears to the RAM 2500 and 3500 heavy-duty trucks.
The 2015 RAM 4500 Chassis Cab has a maximum payload of 8,920 pounds. The truck also offers a towing capacity of 24,640 pounds. The 2015 RAM 5500 truck has a maximum payload of 11,790 pounds and features a maximum towing capacity of 29,600 pounds. CAAS now supplies the re-circulating ball (RCB) steering gears for all heavy-duty trucks produced by Fiat Chrysler in North America.
CAAS also provides other steering products such as hydraulic rack and pinion steering, manual steering, steering columns, steering hoses, and China's first domestically designed and produced electric power steering systems, to other global automotive manufacturing companies.
Mr. Hanlin Chen, Chairman of China Automotive Systems, commented, "By supplying our steering gears to the RAM 4500 and 5500 Chassis Cab models in the North American market, we have further demonstrated the global quality, strength, durability and performance of our steering products. CAAS won the 2013 Supplier of the Year Metallic award from Chrysler, recognizing our contribution to their success. Our expanding relationship with Fiat Chrysler acknowledges the value of our products to our customers. We look forward to further increasing our presence in the global automotive markets."