China Automotive Systems to Present at the Susquehanna 2007 NY Conference

China Automotive Systems to Present at the Susquehanna 2007 NY Conference

May 15, 2007

- Management Scheduled to Present at 2:30PM ET on Thursday,
May 17th -


    WUHAN, China, May 15 /Xinhua-PRNewswire-FirstCall/ --
China Automotive 
Systems, Inc. (Nasdaq: CAAS), a leading power steering
components and systems 
supplier in China, today announced the Company is scheduled
to present at the
Susquehanna Financial Group's Global Opportunities
Conference at The Sofitel
Hotel in New York at 2PM ET on May 17th, 2007. During the
presentation,
management will provide insight as to Chinese auto industry
trends, the
Company's products, business strategy and financial
results.

    A live web cast of the China Automotive Systems
presentation will be
available on the Company's web site and
http://www.wsw.com/webcast/sig5/caas/.
A web cast replay of the presentation will be archived on
the web site for 90
days.

    About CAAS

    Based in Hubei Province, People's Republic of China,
China Automotive
Systems, Inc. is a leading supplier of power steering
components and systems
to the Chinese automotive industry, operating through seven
Sino-foreign joint
ventures. The Company offers a full range of steering
system parts for
passenger automobiles and commercial vehicles. The Company
currently offers 4
separate series of power steering and 307 models of power
steering with an
annual production capacity of 800,000 sets, steering
columns, steering oil
pumps and steering hoses. Its customer base is comprised of
leading Chinese
auto manufacturers such as China FAW Group, Corp., Donfeng
Auto Group Co.,
Ltd., Brilliance China Automotive Holdings Ltd., Beiqi
Foton Motor Co., Ltd.
and Chery Automobile Co., Ltd. etc. For more information,
please visit:
http://www.caasauto.com

    Safe Harbor Statement

    This news release contains forward-looking statements
within the meaning
of the Private Securities Litigation Reform Act of 1995.
These forward-looking
statements are based on current expectations or beliefs,
including, but not
limited to, statements concerning the Company's operations,
financial
performance and, condition. For this purpose, statements
that are not
statements of historical fact may be deemed to be
forward-looking statements.
The Company cautions that these statements by their nature
involve risks and
uncertainties, and actual results may differ materially
depending on a variety
of important factors, including, among others, the impact
of competitive
products, pricing and new technology; changes in consumer
preferences and
tastes; and effectiveness of marketing; changes in laws and
regulations;
fluctuations in costs of production, and other factors as
those discussed in
the Company's reports filed with the Securities and
Exchange Commission from
time to time.

    For further information, please contact:

    Mr. Jie Li, Investor Relations and Communications
    China Automotive Systems, Inc.
    Tel:  [phone]
    Email: [e-mail]

    Christopher Chu
    The Global Consulting Group
    Tel:  [phone]
    Email: [e-mail]