Automechanika 2008:
Bosch Expands its Activities in the Automotive Aftermarket SectorTrade Fair Focus on Diagnostics
- Bosch is the global market leader in diagnostics testers and workshop software
- Unveiling of new KTS 340 ECU diagnostis tester
- Extensive product range in the wheel alignment, brake testing and tire service equipment sector
Frankfurt/Main – Bosch is set to further expand its activities in the Automotive Aftermarket sector, according to a statement issued by Peter Tyroller, Board of Management member within the Bosch Group with responsibility for Automotive Aftermarket, at the Automechanika trade fair in Frankfurt/Main.
"We want to offer our customers an optimum product portfolio and so continue to grow in the future. We will achieve this goal both through innovations and by pushing ahead with our acquisition strategy aimed at balancing out the business across the various sectors and regions," reported Tyroller. This strategy has seen the acquisition of several companies and the foundation of a number of joint ventures over the past two years. Tyroller added that these new acquisitions and joint ventures have enabled Bosch to expand its product and service portfolio in the aftermarket business, tap into new markets, and improve its position within existing markets.
"The areas within Bosch Automotive Aftermarket that offer particular potential for growth include all aspects of wheel technology for workshops, the air-conditioning service business, diesel spare parts, brake spare parts, and replacement parts within the Bosch Exchange range," explained Tyroller.
Bosch is the global market leader in the field of diagnostics thanks to its KTS range of ECU diagnosis testers. These testers run on Esitronic, the most comprehensive workshop software available within the Automotive Aftermarket. With its successful KTS series, Bosch has provided professional, future-proof equipment for control unit diagnostics now for 20 years. In Germany, fifty percent of independent workshops use KTS ECU diagnosis testers from Bosch, and the number of KTS testers sold around the world exceeds 100,000. The Bosch Esitronic workshop software is being continually enhanced and is currently used by over 60,000 subscribers around the world. This year's Automechanika is providing Bosch with a forum to showcase its new compact KTS 340 ECU diagnostis
tester. The launch of this new product will mark the completion of the KTS series upgrade program.
The division is also set to expand its "Bosch Exchange" remanufactured parts range, which covers starters, alternators, A/C compressors, injection and brake system components, and ignition parts and sensors. More than 2.5 million Bosch Exchange parts are sold annually. This enables Bosch to make a contribution to the sustainability of its products and help conserve resources and the environment.
Plans are also underway within the division to expand the Bosch Service workshop network. The network currently comprises over 14,000 workshops around the world. Bosch is planning to significantly increase this figure by 2014 in countries such as India, Russia, and the USA.
Press contact:
Heiderose Dreiner
Phone: +49 (0)721 942-3145
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 271,000 associates generated sales of 46.3 billion euros in fiscal 2007. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in roughly 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3 billion euros for research and development, and applies for over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.”
The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at http://www.bosch.com.Automechanika