Bosch warnings

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dealmaker

Bosch warnings

The German auto supplier Bosch has warned that global automotive production may have peaked. The company is cutting jobs and reviewing its business as a result of the fact that global auto production is on track to fall for the third consecutive year. Separately, Bosch CEO Volkmar Denner also warned the coronavirus crisis could end up disrupting the sector's supply chain. Reuters
 
dealmaker said:
Bosch warnings

The German auto supplier Bosch has warned that global automotive production may have peaked. The company is cutting jobs and reviewing its business as a result of the fact that global auto production is on track to fall for the third consecutive year. Separately, Bosch CEO Volkmar Denner also warned the coronavirus crisis could end up disrupting the sector's supply chain. Reuters
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Haha Funny ..... I worked as a test driver for them! Then you came to the drivers of our team CPCar3 and said because of the Lehmann crisis we have to close CPCar3. The engineers also said that the location is in danger due to wrong policies from Berlin !! They also said it was a total wrong decision to put 80% of the research money into the diesel ....that takes revenge now
 
If there are part makers within the area then all kinds of business could be stopped, VW import parts from all over, no light units = no finished cars = business stopping as no storage space for cars awaiting parts.

Only Cars so not a huge issue in the scheme of things.
 
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