Bosch Overcoming Automotive Slowdown by Developing Emerging Technologies
"Bosch, the German automotive supplier, with slowdowns observed in almost all global markets, sees no growth in car production until 2025. With the lower automotive production and sales in China and India, Bosch has been hit hard and is considering plant closures and over 1,000 job cuts. The company is strategically looking at opportunities in electric mobility and advanced technology in vehicles to reduce emissions, and also on autonomous driving. Bosch is also offering mobility services providers a wide-ranging portfolio. However, it will still not be enough to overcome the current downward spiral in the market." - Vinay Piparsania
...Existing Subscriber?
Sign in to continue reading
New to Counterpoint?
Register to our service
Category
Report Type
Report
Summary
Category
Published
Oct 8, 2019
Contact us
