Bosch Automotive Sales Growth 1.7% YoY in 2012
According to reports, the German Bosch Group's Automotive business unit global sales in 2012 amounted to 30.9 billion euros (US $ 41.1 billion), an increase of 1.7% compared with the previous sales target as well as the development of 600 million euros (about 800 million The gap between US dollars. Despite the difficulties in the European market, the sales of the Bosch Automotive Business Unit last year exceeded the 2011 record of 30.9 billion Euros, but it is still much lower than the 31.5 billion Euros (about 41.9 billion U.S. Dollars) set by the Business Department last year. The sales target, led by Bernd Bohr, head of the automotive business unit, set this goal in the fall of last year. BerndBohr said: "We were too optimistic about the market situation during the first half of last year. We suffered heavy losses due to the weakness of southern European manufacturers." Bosch is the main supplier of diesel systems for European car makers, and the decline in car sales in Europe Bosch was hit. The new car sales of the European Union and the European Free Trade Association EFTA fell by 8% year-on-year last year and fell to the lowest level in nearly 20 years. BerndBohr also said that he will cut investment in equipment and factories this year, and start with travel costs and review all other budgets, but the R&D budget of the automotive business will not be affected. BerndBohr has a “cautiously optimistic†attitude towards 2013 and expects this year's operating income to increase by 3% to 5%. Ectronic Component Housing,Magnesium Zinc Alloy,Aluminum Die Casting Motor Housing Huari Metal Products Co., Ltd. , http://www.mentalproducts.com