Post Tagged with: "robert bosch"

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Bosch opens plant in China

Bosch opens plant in China

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 […]

Bosch Expects Slight Increase in Car Parts Sales This Year

Bosch Expects Slight Increase in Car Parts Sales This Year

Robert Bosch predicts that revenue coming from car-parts sales will slightly increase in 2013 as the company will grab a larger share of components built in each vehicle. “We’re growing above all through higher turnover per car, less through higher production levels,” said Bernd Bohr, responsible for Bosch’s core car […]

Bosch Cuts Investments for 2013

Bosch Cuts Investments for 2013

Robert Bosch said that this year it will postpone investments as the crisis in Europe made the company miss its 2012 profitability target. According to Chief Executive Officer Volkmar Denner, Bosch’s operating return on sales was only 2% in 2012, missing its long-term target of 8%. Although revenue increased 1.6% […]

Peugeot unveils battery-free hybrid technology

Peugeot unveils battery-free hybrid technology

PSA Peugeot Citroen on Tuesday unveiled a hybrid vehicle concept that combines a conventional engine with compressed nitrogen propulsion. The French carmaker says the pioneering solution would halve the cost of cutting emissions compared with current petrol-electric hybrids. The „Hybrid Air” system developed with auto parts supplier Robert Bosch is […]

Bosch to produce batteries for electric vehicles from 2016

Bosch to produce batteries for electric vehicles from 2016

Robert Bosch GmbH, the world’s largest supplier of automotive components plans to produce lithium-ion batteries for electric vehicles from 2016, head of Bosch’s automotive division, Bernd Bohr told German magazine Focus. Earlier this Month, Bohr told Dow Jones Newswires that the German giant is in talks to restructure an automotive […]

Bosch expects global economic growth to slow

Bosch expects global economic growth to slow

Robert Bosch, the world’s biggest car-parts supplier expects to see comparatively modest sales growth of between 3 and 5 percent in the current year. “There is still a great deal of uncertainty with regard to future economic developments, even though the sovereign debt crisis in the euro zone has been […]

Robert Bosch to get new CEO

Robert Bosch to get new CEO

Following 50 years with Bosch, in which he held a number of important positions in the company, Professor Dr.-Ing. Hermann Scholl is to resign from office effective June 30, 2012. At the same time, he will retire from Robert Bosch Industrietreuhand KG. Hermann Scholl was made a junior member of […]

Bosch to invest 60mln euros in a new factory in Romania

Bosch to invest 60mln euros in a new factory in Romania

Robert Bosch GmbH, the world’s largest supplier of automotive components may invest as much as 60 million euros ($79 million) in a new factory in Jucu – Romania, Bloomberg reports citing Romanian business daily “Ziarul Financiar”. The new Bosch facility will produce electronic components for automobiles, and will create about […]