Chairman Franz Fehrenbach thinks automakers should stop blaming suppliers for quality problems.
Bosch is still negotiating a settlement with the carmakers involved based on agreed-upon terms and conditions, Fehrenbach told the Automotive News Europe Congress.
But I guess because it also had to do with image problems, there will be something on top of it. he said.
He declined to give an amount and said: Maybe I will never tell you.
Mercedes-Benz parent Daimler-Chrysler announced on March 31 a recall of 1.3 million Mercedes vehicles to fix electronics and braking problems. That same day Bosch issued a press release saying it would assist in the recall, assuring that spare parts would be available.
In a separate development earlier this year, Bosch, the worlds largest supplier, halted production of some high-pressure diesel pumps after it discovered excessive wear on a coating during endurance testing. The problem forced Mercedes and BMW to halt production of some models for several days in February.
When asked at the Congress whether Mercedes-Benz will seek additional compensation from Bosch for image damage, Mercedes Car Group CEO Eckhard Cordes said: We are not finger pointing at our suppliers.
But he went on to add, Of course, one always has to ask the question, What is a good burden sharing?
Fehrenbach said he is unhappy that some automakers disclose the names of suppliers whose parts cause problems.
We develop parts together, and we need to deal with the problems together, he said. The problem with the diesel pumps was highly annoying, he said.
Fehrenbach stressed that quality remains Boschs top priority and praised his company for proactively dealing with all quality issues.
When we discover something amiss, as has been the case recently, we do not keep it to ourselves, he said. [We] rectify the situation as quickly as possible.
Last summer, Mercedes recalled 680,000 vehicles to fix the complex electrohydraulic braking system on E- and SL-class models. Bosch spent E150 million to develop the braking system with Mercedes.