Bosch Automotive Technology grew 9.5% in North America in 2012
May 29, 2013 by John Day
Robert Bosch LLC’s Automotive Technology sector recorded sales of $6.9 billion in North America in 2012 compared with $6.3 billion in 2011, a 9.5 percent increase. Automotive sales accounted for 65 percent of Bosch’s sales in North America.
According to Mike Mansuetti, president of Robert Bosch LLC: “In 2012, the North American team effectively leveraged the relatively stable market environment, particularly in the Automotive and Industrial Technology sectors, both of which experienced strong growth in 2012.
Business with gasoline direct injection systems was especially successful, increasing by 50 percent globally. Bosch anticipates the market penetration of clean diesel-powered engines in the U.S. to grow to approximately 10 percent by 2018.
Fuel efficiency, safety and driver assistance systems will foster further growth. Bosch is prepared for growing demand in compressed natural gas powertrains, and the company’s activities in electromobility remain considerable. With networked automotive systems, Bosch will unlock further potential for fuel efficiency and driving convenience.