Bosch USA’s Post

#1 globally #4 in NA In a recent interview with Automotive News, Bosch Mobility Americas President Paul Thomas discussed the importance of maintaining a balanced product portfolio in a challenging business environment. “When supply chains are tight, it's super important to have the right mix of products that you're building with the resources that are constrained," Thomas said. The same strategy applies to our suppliers too. Diversified portfolio of suppliers with growth strategy beyond Bosch business.

European Automotive R&D rises as carmakers and suppliers fight to stay relevant! What does it take for the European Automotive industry to fight off competition from China, dependency on Asia for chips and batteries and stricter emission regulations? Certainly, a lot of money to invest in new technologies and monetize the rising demand for electric cars, software and new business models. Volkswagen Group spent EUR 21.8 Billion in Research & Development in 2023, up 15% from the year before. Mercedes-Benz AG Group rose R&D spent by 18%, BMW Group by 14% driven by investments in electric powertrains and platforms. Suppliers face an even greater challenge as the industry consolidates. Bosch, the world's biggest supplier by automotive revenue, increased R&D spending by 18% in 2023, whereas Valeo by 24%. Stricter emission regulations, intensifying competition and changing consumer needs are pushing vehicle manufacturers and Tier-1 suppliers to increase spending to stay relevant. But are they investing in the right technologies and people at the right time? #Research #automotive #innovation #technology #cars

Consolidation in automotive industry is starting.

The automotive sector is currently undergoing a significant paradigm shift, propelled by advancements in powertrain technology that are steering the development of vehicles towards a more sustainable and efficient future. Positioned at the forefront of this transformative wave is the Automotive Powertrain Market, serving as a key player in molding the upcoming generation of automobiles. The global automotive powertrain market is projected to be valued at 𝗨𝗦𝗗 𝟰𝟯𝟱.𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in 2022, with a forecasted growth to exceed 𝐔𝐒𝐃 𝟕𝟏𝟗.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 by 2032. This signifies a compound annual growth rate (CAGR) of 𝟱.𝟮% from 2022 to 2032. 𝗚𝗲𝘁 𝗮 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: https://lnkd.in/g45eiKAW Key Companies studied in the report include General Motors, Ford Quito Motors, Volkswagen Group, Hyundai Motor Company (현대자동차), Toyota Motor Corporation, Toyota North America, BorgWarner, JTEKT European Operations, GKN plc, MAGNA Powertrain GmbH & Co KG, Delphi #powertrain #electricvehicles #electricvehiclesarethefuture #electricvehicle #automotive #automotivenews #automotiveindustry #evcharging #automotivepowertrainic #powertrainic #powertrain #autoics #ictechnology #ic #enginemanagement #transmissioncontrol #fuelinjectionic #powertrainsolutions #powerelectronics #powertrainintegration #semiconductortechnology #sensorsinautomotive #automotiveelectronics #automotiveindustry 

The automotive industry has experienced substantial change in recent years. Will 2024 be any different? Discover the key industry trends and outlook for 2024 in our recent article: https://lnkd.in/eQeh5uDp #automotive #automotiveindustry

Hello network 👋 Explore Bosch Polska wide range of activity 🚀 Were you aware of some in mobility sector 🧐? Do you know in which industries you can find our products? I'll surprise you, but there are really a lot of them. Today I'm going to introduce one of them, in addition, the biggest one!  🚘👉 #Bosch Mobility specialists deal with:  ✔ various solutions in the field of electrification of the powertrain,  ✔ communication between vehicles and between vehicles and infrastructure,  ✔ vehicle safety systems,  ✔ services for the #automotive aftermarket.  Bosch Mobility’s successes have made us one of the leading automotive suppliers 💪 But that's not all! Since the first decades of the 20th century, we have been developing and manufacturing revolutionary automotive components such as ABS and ESP. Our factories produce millions of such components every year ⚙  Together, we create safe, sustainable, and exciting #mobility that is based on personalization, automation, and electrification 🚗  Comment below which one were you aware of already or which one is most surprising for you ❕

In the rapidly evolving automotive landscape, innovation is key to staying ahead.   This insightful article from Automotive News Europe delve into how Tier1 suppliers must reposition themselves within the rapidly evolving automotive ecosystem, driven by the pace of #SoftwareTransformation - Continental and Valeo are adjusting their value proposition by capitalizing on the potential of #SoftwareDefinedVehicles (SDVs). 🌐🔧   Historically dominant Tier1 suppliers face both challenges and opportunities as they adapt to significant market changes. Car manufacturers are now placing software at the core of their operations, developing their own software, forming software partnerships, and sourcing software in addition to hardware. Meanwhile, silicon vendors, software companies, and new tech players are providing specialized software stacks and engineering services, often working directly with car manufacturers.   Despite these shifts, incumbent Tier1 suppliers possess unique strengths and added value. They are recognized for their expertise in developing and producing complex automotive systems that integrate mechatronics and software. Software is undoubtedly a game changer, and the market is evolving swiftly in this century-old industry!   Read more 🔗https://lnkd.in/eZXcDWej #AutomotiveSoftware #SoftwareDefinedVehicle #sdv

The automotive industry is facing significant challenges as Major Suppliers adjust to the rapidly evolving electric vehicle market. Recent earnings reports reveal that Automakers' shifting electrification strategies are impacting revenue projections for suppliers. Magna International, Lear Corporation, and other Key Suppliers have lowered their financial outlooks, highlighting the broader industry trend of delayed EV rollouts and reduced production targets. Smaller suppliers, in particular, may find these adjustments financially burdensome. As the market landscape continues to change, the focus is shifting towards more affordable EV models and hybrids, posing both risks and opportunities for suppliers across the board. Read more - #Electrification #FinancialOutlook #ShiftingPriorities #Automotive #ChangingLivesDaily https://lnkd.in/eybWdyGr

Bosch CEO Stefan Hartung has predicted modest growth in the global markets for #cars and #commercialvehicles for this year and the following due to lower-than-expected demand. #electricvehiclesnews #evnews #evtimes #autoevtimes #evbusiness