China Automotive Systems, Inc. (NASDAQ:CAAS) reported first-quarter earnings per share of 27 cents, up from 23 cents year over year. Net sales were $139.4 million, down 2% year over year. Net sales of traditional steering products and parts were $92 million, down from $94.4 million year over year, while those from electric power steering products and parts were $47.4 million, almost flat. Gross profit ...