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Article: Cornering the market;Deal for wheel-end assembly is coup for supplier Bosch.(Brief Article)
- Article from:
- Automotive News
- Article date:
- March 13, 2000
- Author:
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DETROIT - Robert Bosch GmbH, the world's second-largest automotive supplier, enjoyed strong growth in North America last year. North American automotive sales rose more than 8 percent, to $4.2 billion.
Bosch expects additional growth this year as it launches a complete wheel-end assembly in September. It will supply all four ``corners'' of a sport-utility to an unnamed North American automaker.
``This is very significant for Bosch,'' Hans Weckerle, president of Bosch Braking Systems-Americas, said during the 2000 SAE World Congress here.
Weckerle said the corners contract, Bosch's first such program in North America, is valued at more than ...