Bosch seeks bigger share of Gulf market

obert Bosch sees no growth in car production until 2025, CEO Volkmar Denner said. The German supplier sees weakness in nearly all markets, but especially in China and India, he said. China’s weakness has hit the company hard, Denner told Automobilwoche, a sister publication of Automotive News Europe. Denner said it was not clear how many jobs Bosch would cut this year, declining to comment on speculation that the world’s biggest car-parts maker plans to cut 1,000 posts. He spoke about the opportunities created by electric mobility, possible plant closings and where jobs are still being created.