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vBosch Cutbacks Operations In Response To Falling Automotive Demand

Bosch Cutbacks Operations In Response To Falling Automotive Demand

Bosch Cuts Back Operations In Response To Falling Automotive Demand

Bosch has drastically cut back operations at its German locations and is steadily throttling parts of its manufacturing and administrative operations. In total, this will affect some 35 locations of the Mobility Solutions business sector in Germany, as well as locations performing corporate functions.

READ: Coronavirus Outbreak Reveals the Weakest Links In The Supply Chain

In taking this measure, the company is reacting to the drastic drop in demand for vehicles, especially in Europe, and the associated production shutdowns by automakers. Bosch will decide on further suitable measures to guarantee heightened protection against the risk of coronavirus infection for all its workforce.

READ: COVID-19 Forces Companies To Evaluate How They Operate And Embrace Technological Investment

Necessary, business-critical activities and selected manufacturing and engineering activities are to be continued, also in view of the current gradual recovery of the Chinese automotive market. By supplying necessary parts to commercial vehicle manufacturers and for vehicle maintenance, the company is maintaining the transport of goods and people worldwide. The company is in close contact with its associates, customers, partners, and suppliers, and will be able to satisfy its automotive customers’ requirements quickly once the market recovers.

 

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