[China Automotive Systems Reports Fourth Quarter and Fiscal Year 2008 Financial Results WUHAN, Hubei, China, March 26, 2009 -- China Automotive Systems, Inc., the “Company”, (Nasdaq: CAAS) · Net Sales for 2008 Fourth Quarter w ere $38.3 million · Net Sales for the 2008 Year w ere $163.2 Million · Diluted EPS for 2008 Year at $0.46 · Sales Growth] [Form 8-K CURRENT REPORT Date of Report (Date of earliest event reported): March 27, 2009 (March 26, 2009) China Automotive Systems, Inc. Delaware 000-3123 33-0885775 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Identification No.) No. 1 Henglong Road, Yu Qiao Development Zone Shashi District, Jing Zhou City Hubei Province People’s Republic of China (86) 27-5981]

[Form 8-K CURRENT REPORT Date of Report (Date of earliest event reported): March 27, 2009 China Automotive Systems, Inc. Delaware 000-3123 33-0885775 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Identification No.) No. 1 Henglong Road, Yu Qiao Development Zone Shashi District, Jing Zhou City Hubei Province People’s Republic of China (86) 27-5981 8527 o o]