Bosch delays Russia plans due to sales slump

Newswire

FRANKFURT, Sept 25 (Reuters) - The world's biggest car parts maker, Robert Bosch [ROBG.UL], is putting expansion plans in Russia on the back burner following a severe sales slump in the local market, its head of Russian operations said on Friday. "We are not calling into question our expansion in Russia, but there will be a delay of one and a half to two years," Rene Schlegel said at an event at the Frankfurt Motor Show. "In the long term we are thinking about producing diesel technology ...

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