Nothing that Bosch has faced in recent years has been able to shake the world's largest parts supplier from its pedestal.
Not a global production standstill. Not a global microchip shortage. Not even a major management turnover.
Bosch's global CEO Volkmar Denner, CFO Stefan Asenkerschbaumer and supervisory board Chairman Franz Fehrenbach announced their departures just last week, Automotive News affilliate Automobilwoche reported.
Curveballs aside, the German megasupplier has long occupied the No. 1 spot on Automotive News' annual Top Suppliers ranking of the world's biggest original-equipment producers. This year is no different.
With 2020 original-equipment volume of $46.52 billion — 8.3 percent lower than its 2019 results — Bosch has hardly been phased by the challenges it has faced in the past 12 months.