VW, Bosch diesel settlements receive preliminary court approvalTue, 14, Feb 2017
A federal judge granted preliminary approval of a VW settlement to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting 3.0 liter diesel-engine vehicles. U.S. District Judge Charles Breyer also granted preliminary approval to Robert Bosch's settlement to pay $327.5 million to VW diesel owners.
Audi reviews provisions for diesel emissions scandalWed, 01, Feb 2017
Bosch will disclose provisions related to VW diesel scandal in MayFri, 27, Jan 2017
Bosch's 2016 profit slides 7% on EV investmentsFri, 27, Jan 2017
Underlying operating profit at Robert Bosch fell 6.5 percent to 4.3 billion euros ($4.6 billion) last year, the group said on Friday. Bosch has been investing in technologies such as intelligent systems that cut down on how much power electric cars use, while divesting traditional industrial products such as starter motors and generators.
Bosch, Mahle to bail out of turbochargers JVMon, 23, Jan 2017
Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. Their joint venture, Bosch Mahle Turbo Systems, has two plants in Austria and China and employs 1,400 workers.