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Bosch aims to enable the ‘third living environment’, will move toward service provision

The Tier 1 reported healthy automotive profits at its annual press conference and is betting on a connected, service-driven future. By Xavier Boucherat

Bosch reported overall sales of €70.6bn (US$79.8bn) for 2015, with the acquisition of automotive steering and home appliances manufacturer BSH Hausgerate pushing sales up by €22bn. Its mobility solutions business reported a 4.6% rise year-on-year in sales revenue when adjusted for exchange rates, reaching €47.1bn.

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