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Bosch Wants to Expand Supply For Low - Price Cars
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Bosch wants to supply Indan car maker Tata with electronics systems brakes and fuel injection systems for the low end of the market that Tata i spursuing vigorously. Bosch wants to invest 500 million euros in India from 2008 to 2010 and expects sales in India to grow by 20% a year. This according to its India chief Hieronimus. Bosch wants to increase sales to 1 billion euros by 2010 to India's lowcost car makers. Shows that car suppliers are catching on to the huge potential in the Indian car market and the pioneering efforts of Tata in the low end of the market. Bosch is the world's largest car supplier at a time when US car suppliers are going through a price squeeze from the Big Three and many of them losing money or in bankruptcy.
Tata Motors Nano
10/12/2007
The Nano low budget car for Indian and global markets.
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Bosch and Tata Motors
12/30/2007
Bosch wants to invest $500 million euros in India by 2010. It plans get to sales of 1 billion euros by 2010 selling to lowcost makers like Tata for which it makes a specially designed engine for the $2500 Nano car.
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Four Wheels for the Masses: The $2,500 Car
New York Times 01/08/2008
Bosch Wants to Expand Supply For Low - Price Cars
New York Times 12/30/2007
Default_Link_Name
10/12/2007
How Bosch will tap into India's low cost car market. It plans to market electronics systems, brakes and fuel injections sytems to Tata.
Linked Articles
Bosch Wants to Expand Supply For Low - Price Cars
New York Times 12/30/2007
New York Times 10/12/2007
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