The Local Germany

Bosch to cut 13,000 jobs in blow to German auto sector

Thu, 25 Sep 2025 19:30:37 +0200

German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for the country's ailing car sector.

Car market slowdown 'threatens jobs' at Germany's Bosch

Wed, 07 Aug 2019 11:18:17 +0200

A global car market expected to slow this year and the continuing aftershocks of a sector-wide diesel cheating scandal will hit jobs at Germany-based Bosch, the world's biggest component supplier.

Germany slaps Bosch with huge fine over 'dieselgate' role

Thu, 23 May 2019 13:50:06 +0200

German prosecutors said Thursday they had fined car parts supplier Bosch €90 million over its role supplying components in the "dieselgate" emissions cheating scandal.

Bosch managers come under investigation in 'dieselgate' probe

Thu, 29 Jun 2017 15:55:31 +0200

German prosecutors said Thursday they were investigating three employees of car parts maker Bosch over involvement in Volkswagen's diesel emissions cheating scandal.

Daimler and Bosch team up to build car 'that'll drive itself to you'

Tue, 04 Apr 2017 15:34:41 +0200

German luxury carmaker Daimler and auto parts supplier Bosch will work together to create completely driverless cars in the next few years, the two companies said Tuesday.

Bosch to pay out $300 million to US buyers over 'dieselgate' scandal

Wed, 01 Feb 2017 11:38:47 +0100

German car parts maker Bosch said on Wednesday it will pay out some $327.5 million in compensation to US buyers and dealers of Volkswagen-made diesel cars affected by the 'dieselgate' scandal.

VW, Daimler raided as part of antitrust investigation

Tue, 05 Jul 2016 14:34:16 +0200

Volkswagen, Daimler, and Bosch are suspected of colluding on steel prices, leading to raids on their offices by the federal competition watchdog, it was reported on Tuesday.

Bosch pulls plug on solar business

Fri, 22 Mar 2013 16:40:00 +0100

German car parts supplier Bosch said Friday it plans to discontinue its solar panel manufacturing business because overcapacity in the industry has caused prices to nosedive. Up to 3,000 workers are affected.

Bosch under fire for China prison tech sales

Sat, 08 Dec 2012 15:36:00 +0100

Bosch, the southern German maker of household appliances and DIY tools, is touting for trade with Chinese jails - offering surveillance systems to spy on prisoners at visiting time.

Bosch makes billion-dollar US acquisition

Tue, 24 Jan 2012 16:14:00 +0100

German automotive parts maker Bosch said Tuesday it has agreed to acquire SPX Service Solutions, a US maker of car service tools, workshop equipment and software for $1.15 billion (€883 million).

Bosch thanks workers with an early pay rise

Tue, 26 Oct 2010 17:00:00 +0200

The German auto parts and power tools group Bosch decided Tuesday to raise pay for 85,000 workers two months early to thank them for concessions which have helped turn the company's results around.

Bosch announces $400-million diesel engine project in India

Mon, 04 Jan 2010 16:23:00 +0100

The Indian arm of German engineering giant Bosch said Monday it would invest more than $400 million over two years to expand in the country's fast-growing diesel engine market.

Appliance kickbacks under investigation

Sat, 15 Aug 2009 13:09:00 +0200

Two of Germany’s biggest appliance makers, Bosch and Siemens, may have provided illegal kickbacks to retailers willing to push their goods to customers, according to a report in the latest issue of Der Spiegel.

At least 80 injured at Bosch plant in Bamberg

Fri, 18 Jul 2008 10:50:00 +0200

At least 80 people were injured at a Bosch factory for household goods in Bamberg early Friday morning after a chemical reaction released poisonous gas.