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Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday. The Reutlingen site had previously been earmarked for 50 million euros of a total of…
Volkswagen and Bosch have signed a memorandum of understanding to explore a joint venture dedicated to providing the European market with battery equipment solutions. The two, together, plan on selling integrated battery solutions with on-site ramp-up and…
Robert Bosch opened a 1 billion euro ($1.2 billion) chip plant in Germany on Monday, a record investment by the leading automotive supplier as it stakes a claim to equipping the latest electric and self-driving cars. The plant, located in a semiconductor hub…
With its cloud-based wrong-way driver warning system, Bosch has developed a solution that warns both the wrong-way driver and all road users at risk of the impending danger within seconds – much faster than traffic news on the radio. Now Skoda is the world’s…
Bosch, the Indian unit of the world’s largest auto-parts supplier, plans to join its parent, Robert Bosch GmbH in cutting jobs as the South Asian nation witnesses one of its worst auto sales slowdowns in decades. The German company will cut “a couple of…
BSH Home Appliances Group has appointed Gunjan Srivastava as executive VP, head of Asia Pacific. The appointment reflects the company’s focus on driving accelerated growth across the region, including Singapore, Malaysia, Indonesia, Thailand, India, Australia…
India-listed manufacturer Bosch Ltd said on Tuesday it had begun restructuring parts of its business in light of a deepening slowdown in the country’s automotive industry, as the German car parts supplier posted a drop in June-quarter profit. Bosch, the…
Global car market is expected to slow this year and the continuing aftershocks of a sector-wide diesel cheating scandal will hit jobs at the world’s biggest component supplier Bosch, its boss said Tuesday. “Of course, we have to react to falling demand,”…
Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in the city of Stuttgart said on Friday. Privately-held Bosch,…
Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport. According to Reuters calculations, Bosch would…
Bosch and Huawei have struck a partnership to accelerate the development of the Internet of Things (IoT) in China. The collaboration will see the pair makes Bosch’s IoT Suite software services available in China on Huawei Cloud. The software platform of Bosch…
Bosch’s former Vietnamese CEO is taking charge of Vingroup’s new automobile venture, while Microsoft Vietnam’s ex-chief also has a new job. American tech giant Microsoft and German engineering and electronics company Bosch have both assigned new foreign CEOs…
German carmaker BMW said a shortage of steering gears supplied by Robert Bosch slowed production of several of its compact and mid-sized models and caused stoppages at its plants in South Africa and China. “Our supplier Bosch is not currently able to provide…
The store opening of a high-end kitchen appliance brand in Cebu proves its position as a primary retail market for top-of-the line products. This also means that Cebu’s buying population has a discriminating taste for brands that last for longer period, said…
