BOXBERG, Germany – Robert Bosch GmbH continues to lose money on its foundation brake business, but automotive Chairman Bernd Bohr says the supplier is taking action to shore up the division and is not interested in selling it. Two years ago, Bohr told Ward’s Bosch was losing money on foundation brakes – rotors, calipers and other mechanical parts dedicated to deceleration. These are highly commoditized parts with low profit margins that could be purchased from numerous sources. Today, ...
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