Automotive parts supplier Robert Bosch just opened a chassis control system plant this month in the southwest China city of Chengdu.
This is Bosch’s second Chinese manufacturing site for chassis components; the other is in the east China city of Suzhou. The Chengdu plant, which will cost 287 million yuan ($46.5 million), will launch production of wheel speed sensors this year and will add antilock brakes and stability control systems next year.
According to Bosch, the newly established assembly unit will supply automakers in central and western China, as last year the Asia-Pacific region accounted for 24% of Bosch’s global sales.
German supplier Robert Bosch is one of the biggest players, if not the biggest global supplier, with worldwide parts sales to automakers of an estimated $36.79 billion in 2012.About 60% of Bosch’s worldwide annual sales are produced in automotive technology and the company is a leader in specialized fields such as traction control systems (TCS), the Electronic Stability Program (ESP), body electronics (such as central locking, doors, windows and seats), and oxygen sensors, injectors and fuel pumps.
by Aurel Niculescu
) - Tuesday, August 27th, 2013 - filed under Industry
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