Bosch’s auto sector global sales up 13% in Q1

The Bosch Group has announced that its largest business sector, the automotive supplier division which is now called ‘Mobility Solutions’, has recorded strong growth. The division posted 13% higher revenue in the first quarter of 2015 and after adjusting for foreign exchange-rate effects, the sector’s sales grew 7 percent.

“Technologically and internationally, our position is so good that we will again grow significantly faster than the market this year,” said Dr. Rolf Bulander, the business sector’s chairman, at the Bosch International Automotive Press Briefing in Boxberg, Germany (May 19 – 21, 2015).

In 2014, the business volume of Mobility Solutions grew 8.9%, and thus more than twice as fast as global automotive production. Unit sales of important systems such as the ESP anti-skid system, gasoline direct injection systems, and diesel direct injection systems each grew by some 20%. In the future, Bosch will also increasingly offer solutions that govern the way cars and other means of transport interact. “We are rethinking personal mobility, and moving toward a multimodal concept encompassing bikes, trains, and buses,” Bulander said, explaining this new goal. “Bosch as a company is looking beyond the hood.” 

Further reading: Bosch beefs up automated driving test fleet with Tesla S Model