Automotive Industry
Industry: Email Alert RSS FeedRecall another blow to Mercedes image; Bosch abandons [euro]150 million by-wire braking technology.
Automotive News Europe, May, 2004 by Bolduc, Douglas A.; Kurylko, Diana T.
Byline: Douglas A. Bolduc, Diana T. Kurylko
The global recall of 680,000 Mercedes-Benz cars equipped with a brake-by-wire system once touted as revolutionary will cost the automaker [euro]25 million.
But the damage to the Mercedes brand image as a technology leader could be far more lasting.
Robert Bosch spent [euro]150 million to develop the braking system with Mercedes, but even before the recall conceded the technology was virtually dead. The German supplier says it does not have anyone working on a new generation of the system.
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