|Bid||17,936.75 x 0|
|Ask||18,019.90 x 0|
|Day's range||17,900.00 - 18,105.80|
|52-week range||17,169.70 - 22,400.00|
|Beta (3Y monthly)||0.60|
|PE ratio (TTM)||39.93|
|Forward dividend & yield||100.00 (0.55%)|
|1y target est||N/A|
German auto supplier Robert Bosch [ROBG.UL] said on Thursday it had bought out partner Daimler's stake in EM-Motive GmbH, a joint venture set up to make motors for electric and hybrid cars. The factory in Hildesheim, Germany will be expanded to meet growing demand for electric and hybrid vehicles as regulators crack down on emissions from combustion-engined vehicles. Bosch anticipates that about 20 percent of all cars will be either hybrid or electric vehicles by 2020.
German auto supplier Robert Bosch GmbH [ROBG.UL] will pay around $131 million (£103 million) to settle claims from Fiat Chrysler Automobiles NV U.S. diesel owners and resolve all investigations by 47 U.S. state attorneys general into its involvement with diesel vehicles. Bosch and its U.S. unit must pay $98.7 million to 47 states, the District of Columbia and Puerto Rico and Guam, and $27.5 million to 104,000 Fiat Chrysler diesel owners. Bosch is also making a $5 million payment to a state attorneys general group.
A credit card-sized projector that can turn any surface into a touchscreen could be a feature of wardrobes of the future, giving users advice on what to wear that day.
Robert Bosch [ROBG.UL], the world's largest car parts maker, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said. Bosch managers invited several bankers to discuss capital market funding needs as the automotive supplier overhauls its business to keep pace with the car industry's shift away from combustion engines towards an electric and autonomous future. Bosch remains heavily exposed to diesel and combustion engines and shifting production towards electric motors and other components requires billions of euros in investments over a number of years, the sources said.
German auto supplier Bosch expects global car production in 2019 to languish at this year's level, the head of its core auto parts unit said on Thursday, citing a cool-down in China and lower demand for ...
Airbus on Wednesday named new financial and operations chiefs as part of a complete leadership overhaul as it emerges from months of internal strife caused by legal problems and delays in meeting record output goals. The European planemaker appointed Dominik Asam, finance director of German chipmaker Infineon Technologies (IOB: 0KED.IL - news) , as its next chief financial officer to replace fellow German Harald Wilhelm. Airbus is in the midst of a two-year management overhaul driven by a combination of high-level retirements and concerns over the impact of ongoing bribery investigations, which have overshadowed years of succession planning and damaged sales.
London's transport regulator, TfL has announced a partnership with Bosch for its forthcoming co-working space in Shoreditch. The aim of the collaborative project is to share data and expertise, including by tapping into London's startup ecosystem, to land on new ideas for tackling urban mobility issues -- from traffic jams to awful air quality. Transport issues are especially pressing for the city as London's population is forecast to reach a staggering 10.8 million by 2041 -- which would mean around six million additional trips being generated per day.
German auto parts supplier Bosch is launching an electric van-sharing service in Germany, expanding its reach in rentals and pitting it against some of its customers who are also expanding into pay-per-minute mobility services. Bosch said on Tuesday it will team up with toom, part of German retailer REWE, to supply battery-driven vans which people can hire to transport bulky purchases from hardware stores. German cities are banning older diesel vehicles, hastening the switch to electric and benefiting firms like Bosch, which supplies components to electric vehicle makers.
German brake maker Knorr-Bremse [STELLG.UL] has disclosed a contractual dispute with Robert Bosch GmbH [ROBG.UL] ahead of a stock market flotation that could raise up to 4.2 billion euros (3.7 billion pounds). Knorr said Bosch, the privately held auto components business, accuses it of competing in truck steering systems in violation of agreements between the two companies, according to a copy of the issue prospectus seen by Reuters. Bosch therefore wishes to exit a joint venture by exercising an option to sell its 20 percent stake back to Knorr for 380 million euros.
FRANKFURT (Reuters) - Automotive supplier Bosch is to team up with Chinese-funded electric vehicle startup Byton in the areas of powertrain, brake and driver assistance systems, Byton said in a statement. ...
In March 2018, Bosch Limited (NSE:BOSCHLTD) released its earnings update. Generally, analysts seem fairly confident, as a 21.2% increase in profits is expected in the upcoming year, relative to theRead More...
FRANKFURT (Reuters) - German automotive supplier Bosch on Tuesday said it would take a 4 percent stake in Britain's Ceres Power Holdings (CWR.L), to jointly develop the next generation of solid oxide fuel ...
Supplier Robert Bosch must hand over e-mails in connection with lawsuits brought by investors against Porsche SE in connection with the Volkswagen (VW) diesel scandal, a Stuttgart regional court ruled on Friday. Investors in two separate suits claimed that Porsche SE, which controls 52.2 percent of VW's voting rights, had not disclosed the financial risks of VW's emissions scandal quickly enough when it emerged in 2015. Bosch, which makes an engine control unit used by several top automakers including VW, had protested, saying it had the right to refuse to provide evidence.
Supplier Robert Bosch [ROBG.UL] must hand over e-mails in connection with lawsuits brought by investors against Porsche SE (PSHG_p.DE) in connection with the Volkswagen (VW) (VOWG_p.DE) diesel scandal, a Stuttgart regional court ruled on Friday. Investors in two separate suits claimed that Porsche SE, which controls 52.2 percent of VW's voting rights, had not disclosed the financial risks of VW's emissions scandal quickly enough when it emerged in 2015. Bosch, which makes an engine control unit used by several top automakers including VW, had protested, saying it had the right to refuse to provide evidence.
German automaker Daimler AG and auto supplier Bosch Corp [ROBSCJ.UL] will deploy self-driving taxis in California's Silicon Valley region next year as part of a test program of vehicles designed for city driving, the two companies said on Tuesday. Negotiations with the municipality within the sprawling technology hub of Silicon Valley were still underway, they said on a conference call with journalists. Global automakers, suppliers and tech companies like Alphabet's Waymo and Uber [UBER.UL] are pouring resources into the development of autonomous driving systems and launching networks of test fleets around the globe aimed at pushing the technology forward.