Bosch happy to be on battery sidelines – for nowFeb. 22, 2013 16:00 CET  Bosch Chairman Volkmar Denner is happy that the supplier pulled out of its venture to develop and build lithium ion batteries last year. He says the market is over-saturated with too much capacity for lithium ion batteries.... Read More »
Bosch's auto unit boss expects sales rebound in 2013Feb. 13, 2013 06:01 CET  Bosch's auto division boosted global sales by 1.7 percent last year but missed its 2012 sales target, Bernd Bohr, the unit's boss, said. For 2013, he expects sales to increase by 3 percent to 5 percent, but to reach that goal cuts will need to be made.... Read More »
Renault's Korean unit to cut 15% of work force on poor salesSept. 10, 2012 09:09 CET  Renault's South Korean unit plans to cut around 15 percent of its work force under a voluntary retirement scheme as sales at the unit slumped 40.4 percent in the first eight months of this year. Around 800 workers out of a total 5,500 will leave the company under the program, Renault said on Monday.... Read More »
Renault's Korean unit to shed jobs as sales slumpAug. 10, 2012 09:12 CET  Renault's South Korean unit said it will launch a voluntary redundancy program, its first ever, as it grapples with slumping sales both at home and abroad.... Read More »
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