Bosch Predicts Sales Increase – Sustained by Growth in Emerging Markets

Robert Bosch has released an optimistic 2010 sales forecast for its car parts core business. The company is expecting a 10% sales increase in this sector, based on growth in emerging markets and as automotive producers build up their stocks, writes just-auto.com.

Bosch’s 2009 sales saw a 20% decrease, only reaching €22 billion, but the company predicts that revenue will return to the pre-crisis level of 2007 by 2012, as Bernd Bohr, chief of the car parts division declared at … (read more)