- At CIAPE Summit Forum, Bosch highlights that Bosch uses its global innovations to apply for the local Automotive Industry through its advanced environment and car safety technology
- Bosch Booth at CIAPE Exhibition Center presents advanced automotive technology with the theme: “ Less Fuel, Fewer Emissions and More Safety”
Beijing, November 28, 2007 — Bosch, a leading global supplier of automotive technology, participated in the 2007 China International Auto Parts Expo Summit Forum which precedes the opening of the first China International Auto Parts Expo (CIAPE) on November 29 th, 2007. More than 400 delegates from government, international and domestic automotive industry attended the Forum organized by the Ministry of Commerce (MOFCOM) and the Society of Automotive Engineers of China (SAEC) in Beijing's Great Hall of the People. Keynote speech from the senior official from the Ministry of Commerce (MOFCOM) opened the Forum.
As one of the keynote speakers Peter Pang, President of Bosch China highlighted Bosch's investment in R&D will reach around 3.5 billion Euros this year. Most of it is being spent on the 5 main areas of innovation for the automotive industry. The R&D investment will remain high in the future.
These latest global innovations will be applied in China to benefit the local automotive industry especially in the field of fuel saving, CO 2 reduction and car safety. Peter Pang also highlighted how Bosch localization of production and R&D are demonstrations of the companies' long-term commitment to China's Automotive Industry.
Technology Innovation from Bosch for “Less Fuel, Fewer Emissions and More Safety”
CIAPE, organized by the Ministry of Commerce (MOFCOM) is the first international exposition of auto parts in China supported by the Central Government. The exposition attracted more than 1,000 international and local automotive components manufacturers.
As of November 29 th, 2007 Bosch will display advanced energy saving, clean and safe automotive technology under the theme “Less Fuel, Fewer Emissions and More Safety”. Modern clean diesel technology for instance provides high performance and improved fuel efficiency up to 30 percent allowing for a 25 percent reduction of CO2. Bosch second generation Direct Gasoline Injection technology can save fuel up to 15% compared with manifold gasoline injection systems. ESP improves vehicle safety buy reducing accidents fatality rate. Bosch will also highlight technology innovation for Chassis Control and Brake Systems, Automotive Electronics, Car Multimedia, Electrical Drives, Starters and Generators as well as products for the Automotive Aftermarket.
“We are proud to be a part of the Chinese Automotive Industry. As a leading automotive technology supplier with a full range of technologies, we continue to focus our innovation on fuel saving, reduction in harmful emissions and car safety. All are contributions to the building of a harmonious society in China.” said Peter Pang.
About the Bosch Group
The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2006, some 260,000 associates generated sales of 43.7 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of some 300 subsidiaries and more than 13,000 Bosch service centers in over 140 countries.
The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. A total of 92 % of the share capital of Robert Bosch GmbH is held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG.
About Bosch in China
Bosch founded its first trading office in China as early as 1909. In 1926, the first car service workshop opened in Shanghai. Today, all of the Bosch business sectors are present in China: Automotive and Industrial Technology, Consumer Goods and Building Technology. The company operates via a holding company in Shanghai, 14 subsidiaries, seven joint ventures, and six trading companies. 200 6 consolidated sales in China reached 1 .3 billion euros. Up to 2005, Bosch had invested around 620 million euros in China and between 2006 and 2008 it will invest a further 620 million euros. Bosch employees are committed to bringing to the Chinese customers the latest technology as well as the most reliable services to help improve their quality of life.
For more information on Bosch China, please visit http://www.bosch.com.cn
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News sourc: Bosch China
Publish date: Dec. 2007
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