Giant auto industry supplier Robert Bosch does not expect to meet its 2008 targets and sees no growth next year.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


“Our revenue will probably be slightly below last year’s and will we have to lower our sights significantly for profits,” CEO Franz Fehrenbach said in a letter to staff cited by the Reuters news agency.
“I expect no growth” in 2009, he added.


Bosch was reported to be boosting cost-cutting.


Reuters noted the supplier said last September it expected to miss its 5% sales growth target again in 2009 as car sales slowed in major markets.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now