Bosch, the Giant of Auto Parts Is to Invest EUR620m in China in the Next Three Years
In order to meet the challenges from various parts competitors such as Japanese DENSO and American Delphi, Bosch, the world No.1 auto parts company announced recently that they would invest more than EUR620m in China within the next three years to ensure their leading advantages in this new market.Lately, Bosch displayed ESP and diesel system, and officially announced that they would use their own special vehicle break system, which is unique in domestic auto parts industry, to conduct road testing. “Delphi is keen on a stable rolling development, and Bosch prefers big investment.” So far, three blocks of Bosch Group: automobile technology, industrial technology and consumables & architecture intellectual technology have all settled down in China.
posted by china @ 7:08 AM
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