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The Bosch Group is further expanding its business with commercial vehicle technology. "Our innovations deliver a clear payback," said Bernd Bohr, chairman of the Automotive Group. For 2008, Bosch generates sales of 7.8 billion euros with commercial vehicle technology, following seven billion euros in the previous year. For 2009, the company expects these sales to total 8.7 billion euros. Even so, the major commercial vehicle markets in Europe, the Americas, and Asia are seeing very different development patterns. In Asian market, commercial vehicles continue to be in great demand, especially in China.
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 271,000 associates generated sales of 46.3 billion euros in fiscal 2007.