Bosch's North American Operating Revenue Increases 7% YoY in 2013
The German Bosch Group recently announced that its consolidated operating revenue in the North American market in 2013 increased by 7% year-on-year and achieved the fourth consecutive year of growth.
Bosch's North American Operating Revenue Increases 7% YoY in 2013
In mid-2013, Bosch’s operating income in the North American market reached US$10.4 billion, up 7% from 2012, and Automotive Technology, which accounts for 70% of the local market, achieved revenues of US$7.3 billion last year. Other business operations Also maintained growth.
In addition, Bosch's staff in North America in 2013 also increased by 7% from 2012 to 24,600. At the same time, the company's North American car repair service network has also been expanded with 2,100 repair shops.
Bosch spent a total of US$317 million in North America in 2013. During the period, the company completed the expansion of its Charleston, South Carolina plant for the commissioning of common-rail fuel injection nozzles; in addition, the company also expanded Kentwood, Michigan. ) Factory and started production of a clean diesel emission system.
From 2013 to 2020, Bosch also plans to spend US$460 million to expand the production lines of the Juarez and Toluca plants in Mexico.
In 2013, Bosch Group's worldwide operating income reached US$61.2 billion, an increase of 3% year-on-year, of which sales of the Automotive Technology Division increased by 7% year-on-year to US$41 billion.
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