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Bosch ranked by Fortune as No. 1 motor vehicle parts supplier for fourth consecutive year

  • Since 2010, Bosch has been ranked No. 1 in the motor vehicles parts category seven times
  • Bosch is among the top 100 of Fortune’s Global 500
Matt Haran

Matt Haran >

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FARMINGTON HILLS, Mich. – Bosch has been named the world’s most admired motor vehicle parts supplier for the fourth consecutive year on Fortune’s 2018 World’s Most Admired Companies list. Based on surveys from 3,900 executives, directors and analysts from 680 companies in 52 industries, this list is derived from nine key reputation attributes. In the motor vehicle parts supplier category, Bosch leads in the following seven reputation attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, quality of products and services, and global competitiveness.

On Fortune’s Global 500 list, Bosch ranks among the top 100 companies, having moved up to 76 in 2018 from 87 in 2017.

“It’s an honor to be consistently recognized by Fortune as a leader among the world’s most admired companies,” said Mike Mansuetti, president of Robert Bosch LLC. “Our team remains dedicated to providing innovative products and services to drive the automotive industry forward and to stay globally competitive.”

Fortune calls the World’s Most Admired Companies list “the definitive report card on corporate reputations.” Korn Ferry Hay Group has collaborated with Fortune for more than 20 years to uncover the business practices that make these companies highly regarded among their peers.

For more information, visit: http://fortune.com/worlds-most-admired-companies/.

Having established a regional presence in 1906 in North America, the Bosch Group employs 34,700 associates in more than 100 locations, as of December 31, 2020. According to preliminary figures, Bosch generated consolidated sales of $13.1 billion in the U.S., Canada and Mexico. For more information, visit www.bosch.us, www.bosch.ca and www.bosch.com.mx.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 394,500 associates worldwide (as of December 31, 2020). According to preliminary figures, the company generated sales of $87.1 billion in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 126 locations across the globe, Bosch employs some 73,000 associates in research and development, as well as roughly 30,000 software engineers.

Additional information is available online at www.bosch.us, www.iot.bosch.com, https://us.bosch-press.com, https://twitter.com/BoschPress

Exchange rate: 1 EUR = 1.2171

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