Automotive Industry
Industry: Email Alert RSS FeedBosch expects slow growth in revenue.
Automotive News Europe, February, 2002 by Chew, Edmund
Bosch consolidated its position as the world's second largest automotive supplier after Delphi last year, but expects only slight sales growth in 2002.
Sales in Bosch's automotive business increased 3 percent to E23.2 billion last year.
Growth was mostly driven by diesel direct-injection systems, but Bosch also saw sales gains in antilock brakes, electronic stability programs and vehicle navigation systems.
Bosch's key new product launch for the year was electro-hydraulic brakes, introduced on the Mercedes-Benz SL as sensotronic brake control (SBC).
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Bosch again failed ...
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