Bosch to see double-digit sales growth in China
Bosch Group, the leading German auto technology provider, expects its sales in China to have grown 15 percent this year, driven by strong market demand.
With expected sales of 24 billion yuan in 2009, China is the only market that sees a two-digit growth, while the company's global sales are expected to have fallen by 15 percent this year.
"Personal mobility safety products, such as the ESP electronic stability program and ABS antilock braking system, are the major drivers of our business," said Franz Fehrenbach, chairman of Robert Bosch GmbH.
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