Bosch announced it is halting a $200 million expansion in Anderson County due to economic challenges and shifting market ...

Plans for the expansion were revealed in August 2022 with an anticipated production timeline of 2026 that would have created at least 350 new jobs Christian Kolzem, senior vice president and technical ...

The crisis in the automotive industry is intensifying. According to recent reports, Bosch plans to lay off 7,000 employees ...

Bosch is not the only company in the automotive ... and Volkswagen has already announced pay cuts, plant closures, and layoffs. Layoff plans in the EU also include brands such as Stellantis ...

At the end of 2024, Bosch then announced plans to cut a further 12,230 jobs worldwide by 2026, including 7,000 at its German plants. Hartung emphasised that this could only be achieved in close ...

Bosch Industrial Technology aims to achieve sales revenue of around 1 billion euros from software and software-related ...

German engineering union IG Metall will start "warning strikes" at DaimlerChrylser, Porsche and Bosch plants in southwestern Germany, beginning March 1. Such token job actions by German unions are ...

ST. PETERSBURG, June 20. /TASS/. The Germany-based holding Bosch is holding negotiations on the sale of its two refrigerators and washing machines plants in Strelna near St. Petersburg, ...

Germany's second largest trade union, Ver.di, called for a nationwide strike on Monday involving public sector workers ...

NAMI has already taken over plants that were previously run by carmakers Renault, Nissan and Toyota. The price of the transaction was not disclosed, but NAMI has picked up other assets for nominal ...

Plug Power reported an almost 6-fold increase in electrolyzer revenues in 2024, despite the financial troubles. Meanwhile, ...

In 2022, Bosch announced an investment of over $200 million to produce fuel cell stacks that power big trucks in Anderson County. However, the company recently announced it would halt its ...