Bosch wants to expand supply for low-price cars

Newswire

FRANKFURT, Dec 30 (Reuters) - Bosch [ROBG.UL], the world's largest car parts supplier, wants to expand its business with manufacturers of cheap cars and garner sales of 1 billion euros ($1.47 billion) by 2010 from them. "The low-price-vehicle-segment is growing faster in Asia and the emerging economies than any other segment, including the premium markets," Bosch's India chief Albert Hieronimus told "auto motor und sport" magazine. Bosch wants to supply Indian manufacturer Tata with ...

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