bosch

It wants to reduce costs as quickly as possible

Labour representatives and unions will develop an action plan for 2025 that will not rule out strikes

It’s the latest sign of struggle in Germany’s creaking auto sector after Volkswagen and Mercedes

GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring, citing the difficult economic situation, a company spokesperson s...

It will also acquire full ownership of a joint venture with Hitachi, which includes the Japanese manufacturer’s 40% stake

Whirlpool which has a market capitalisation of about US$4.8 billion has been undergoing a major restructuring in recent years

India’s total vehicle production during the January-March period rose over 21%, which in turn also helped expand the auto parts demand

Robert Bosch GmbH, Lennox International and Samsung Electronics are among the suitors competing to acquire heating and ventilation businesses worth over US$6 billion from Johnson Controls Internationa...

BSH Hausgeraete, the home appliance division of automotive supplier Bosch, will cut around 3,500 jobs, or about 6 per cent of its workforce, by 2027, its CEO Matthias Metz told Sueddeutsche Zeitung.