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Revenue of leading automotive parts suppliers has generally increased, and cost reduction and efficiency improvement remain a top priority for 2024.

Revenue of leading automotive parts suppliers has generally increased, and cost reduction and efficiency improvement remain a top priority for 2024.

The "strenuous sprint at the end of 2023 allowed us to achieve our expected goals for the year. However, the challenges in the fiscal year 2024 remain significant, and the difficulty is no less than that of 2023." On April 18, Markus Forschne, a member of the Bosch Group Board and Chief Financial Officer, pointed out at the Bosch 2024 annual press conference that the signs of economic recovery in 2024 are still unclear, and the business outlook remains persistently bleak. Bosch hopes to further cut costs and promote structural reorganization to maintain competitiveness during the transformation period.

2024-06-27

2024

06-27

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