A global car market expected to slow
this year and the continuing aftershocks of a sector-wide diesel cheating
scandal will hit jobs at Germany-based Bosch, the world's biggest component supplier.
German prosecutors said Thursday they had fined car parts supplier Bosch €90 million over its role supplying components in the "dieselgate" emissions cheating scandal.
German prosecutors said Thursday they were investigating three employees of car parts maker Bosch over involvement in Volkswagen's diesel emissions cheating scandal.
German luxury carmaker Daimler and auto parts supplier Bosch will work together to create completely driverless cars in the next few years, the two companies said Tuesday.
German car parts maker Bosch said on Wednesday it will pay out some $327.5 million in compensation to US buyers and dealers of Volkswagen-made diesel cars affected by the 'dieselgate' scandal.
Volkswagen, Daimler, and Bosch are suspected of colluding on steel prices, leading to raids on their offices by the federal competition watchdog, it was reported on Tuesday.
German car parts supplier Bosch said Friday it plans to discontinue its solar panel manufacturing business because overcapacity in the industry has caused prices to nosedive. Up to 3,000 workers are affected.
Bosch, the southern German maker of household appliances and DIY tools, is touting for trade with Chinese jails - offering surveillance systems to spy on prisoners at visiting time.
German automotive parts maker Bosch said Tuesday it has agreed to acquire SPX Service Solutions, a US maker of car service tools, workshop equipment and software for $1.15 billion (€883 million).
The German auto parts and power tools group Bosch decided Tuesday to raise pay for 85,000 workers two months early to thank them for concessions which have helped turn the company's results around.
The Indian arm of German engineering giant Bosch said Monday it would invest more than $400 million over two years to expand in the country's fast-growing diesel engine market.
Two of Germany’s biggest appliance makers, Bosch and Siemens, may have provided illegal kickbacks to retailers willing to push their goods to customers, according to a report in the latest issue of <i>Der Spiegel</i>.
At least 80 people were injured at a Bosch factory for household goods in Bamberg early Friday morning after a chemical reaction released poisonous gas.
