German automotive supplier Robert Bosch (ROBG.UL) said on Friday that its operating profit plummeted by a third to 3.2 billion euros ($3.32 billion) in 2024, a reflection of a wider crisis in the ...

Bosch, the world’s biggest automotive supplier by revenue, will cut positions related to automated driving and car steering products in Germany, according to a statement from the IG Metall union.

Stefan Hartung, Chairman of the Board of Management of the Bosch technology group, speaks at the Bilanz press conference. Bernd Weißbrod/dpa The automotive industry is grappling with significant ...