Robert Bosch GmbH Establishes New Automotive Division
8 May 1998
Robert Bosch GmbH Establishes New Automotive DivisionFARMINGTON HILLS, Mich., May 8 -- Robert Bosch GmbH today announced the establishment of its On-Board Electronics Division, effective July 1, 1998. With the creation of this division, Bosch will combine its bodywork and information electronics activities under one business unit, allowing the company to provide total body electronic system capabilities to OE automakers. The new division, with expected sales of approximately $500 million in 1998, will be headquartered in Schwieberdingen, Germany and will employ 1,800 people worldwide. Approximately 25 engineering and sales personnel will be working on various division projects at Robert Bosch Corporation's Automotive Group headquarters in Farmington Hills. Dr. Helmut Schwarz, currently president of Robert Bosch Corporation's Automotive Group, will have overall responsibility for all the division's technical functions (engineering, manufacturing and sales) worldwide. "System sourcing and globalization of the automotive industry make it necessary to combine our body electronic product lines together into one entity," said Schwarz, executive vice president of the On-Board Electronics Division. "Our customers are looking for a single-source supplier who can provide total system capabilities in the area of electronics worldwide." The On-Board Electronics Division, which combines many of Bosch's product lines, will include instrument display, locking and vehicle security systems, climate control, mobile communications, body electronics, control units and relays. With the establishment of the new division, Bosch will be able to intensify its development of cockpit electronics including information and communications systems. Bosch designs and produces precision automotive components and systems sold to vehicle and powertrain manufacturers in the U.S. and abroad. These include systems and components for gasoline and diesel injection, airbag components, ABS and conventional brake systems, lighting components, as well as small motors, electrical equipment and electronics. Robert Bosch Corp. is the wholly owned U.S. subsidiary of Robert Bosch GmbH, headquartered in Stuttgart, Germany. SOURCE Robert Bosch GmbH