Robert Bosch GmbH Business Report FY ended Dec. 2013
|(in million EUR)|
|FY ended Dec. 31, 2013||FY ended Dec. 31, 2012||Rate of Change (%)||Factors|
1) Net Sales
-In 2013, the Company's net sales experienced an increase of 3.1% to EUR 46,068 million. Despite exchange rate losses from the appreciation of the euro totaling EUR 1,500 million, the Company's global sales growth more than offset the difference. Sales in Europe grew 2.2% to EUR 25,500 million. Sales in North America increased 3.5% to EUR 7,800 million. The Company's Asia Pacific operations had an increase of 5.8% to EUR 11,100 million.
-The Company's 2013 sales figures also included consolidations effects of EUR 1,300 million from United Automotive Electronic Systems, and EUR 610 million from SPX Corporation. In addition, the Company's Drive and Control Technology division's pneumatics segment was sold at the beginning of 2013 but was fully consolidated in the 2013 figures.
-The Company's EBIT in 2013 grew 29.9% to EUR 2,751 million, due to the strong performance in the Automotive Technology business sector and cost-cutting measures implemented in various divisions.
3) Automotive Technology Sales
-The Automotive Technology business sector had sales of EUR 30,588 million in 2013, representing an increase of 6.7% over 2012. Consolidation effects of EUR 1,800 million partially contributed to the increase in sales. Another factor leading to improved sales was increased demand for much of the Company's product line, including gasoline injection systems, transmission control units, CVTs, exhaust gas treatment systems, sensors, and infotainment systems.
4) Automotive Technology EBIT
-In 2013, the Automotive Technology business sector generated EUR 2,359 million in EBIT, an increase of 77.8% from 2012. This was due to an increase in demand for eco-friendly powertrain technology, driver-assistance systems and infotainment systems. The consolidation of United Automotive Electronic Systems also provided a large gain for the business sector's EBIT.
-The Company, GS Yuasa International Ltd., and Mitsubishi Corporation announced that they've agreed to jointly develop next-generation high-performance lithium-ion batteries. The three companies will set up a joint venture for research and development in Stuttgart, Germany in early 2014, to support their parent companies. The joint venture aims to increase the energy content of batteries while reducing their weight, thus increasing the range of electric and plug-in hybrid vehicles. The Company will hold a 50% share of the JV, while GS Yuasa and Mitsubishi Corporation will each hold 25%. The composition of the management and supervisory boards will reflect these shareholdings. (From an article in the Nikkan Jidosha Shimbun on June 21, 2013)
RestructuringClosure of plant in Tomioka, Japan
-Bosch Corporation in Japan closed its Tomioka Plant in Gunma Prefecture, which produced automotive electronic control units (ECUs). The closure was completed in the third quarter of 2013. ECU production from the plant was transferred to China and other low cost countries after the company gained its customers' consent. Approximately 100 people working at the Tomioka facility were transferred to other plants, and the factory site was subsequently sold off. This move reflects the Company's initiatives to use its global resources more effectively in efforts to improve its cost competitiveness. (From an article in the Nikkan Jidosha Shimbun on January 23, 2013)
Contracts-Notable contracts won in FY 2013
|BMW||520d EfficientDynamics Edition||CRS2018 common rail injection system|
|Fiat||500e||SMG 180/120 electric motor|
|GM||Cadillac XTS||Head unit for CUE infotainment system|
|Cadillac SRX||Head unit for CUE infotainment system|
|Cadillac ATS||Head unit for CUE infotainment system|
|Chevrolet Impala||MyLink infotainment system|
|Nissan||Sentra||NissanConnect with Navigation multimedia system|
|Altima||NissanConnect with Navigation multimedia system|
|Peugeot||3008||Permanent magnet synchronous motor|
|smart||fortwo||SMG 180/120 electric motor|
|Volkswagen||Golf||Radar sensors, Video sensors, Diesel injection system, Engine control unit, Injection valves, Start-stop system, Alternator, Wiper system, Cooling fan, Sensors|
|eco up!||Engine management system, Natural gas injectors, Gasoline injectors, Gasoline rail, Lambda sensor system, Mean pressure temperature sensor|
|Contracts won by ZF Lenksysteme (joint venture with ZF Friedrichshafen)|
|GAZ (LiAZ)||Solo bus and articulated bus
(No model names)
|Servocom ball-nut power steering system, Angular gears, Steering pitman arms|
|Volgabus||Articulated bus (No model name)||Servocom ball-nut power steering system|
|Volvo||7900||Servocom ball-nut power steering system|
Start-stop starter motor milestone
-The Company announced that the ten millionth start-stop starter motor produced by its global manufacturing network recently rolled off the line at the Hildesheim site in Germany. Series production of start-stop motors began in 2007. (From a press release on July 31, 2013)
Commercial vehicle common-rail system milestone
-The Company announced that it has produced the ten millionth common-rail system for commercial vehicles (CRSN). The Company's first common-rail system for commercial vehicles (CRSN1) was launched in 1999. By the end of 2003, one million systems had been manufactured. (From a press release on February 11, 2013)
South Korean common rail injectors milestone
-Bosch Korea, a subsidiary of the Company, announced that its Daejeon Plant has produced a total of twenty million common rail injectors since the product was launched in December 2002. (From a press release on January 24, 2013)
Manufactuaring ESP systems in Brasil - first company in South America
-In 2013, the Company began manufacturing Electronic Stability Program (ESP) systems in Campinas, Brazil – becoming the first company in South America to do so.
Outlook for FY ending Dec. 31, 2014
-The Company expects its sales growth for 2014 to be between 3 and 5%, primarily driven by the performance of the Automotive Technology business sector.
-In 2013, the Company looked to focus on its businesses with Japanese automakers by increasing its product supplies for Japanese models released in emerging markets. Volkmar Denner, the Company's chairman of the board, mentioned that, "Currently, the adoption rate of Bosch products in Japanese automakers' models is lower than that in European automakers' models. We are going to establish a stable business structure under which Bosch Corporation in Japan can support development and production activities of the Bosch facilities in the emerging markets." (From an article in the Nikkan Jidosha Shimbun on February 25, 2013)
Awards-Major awards won in 2013
|Harbin DongAn Automotive Engine Manufacturing||2013 Excellent Supplier Award|
|Johnson Controls||Gold Supplier Performance Award|
|BMW||BMW Supplier Innovation Award|
|Hyundai-Kia Group||2012 Supplier of the Year|
|Toyota||Global Contribution Award|
|(in million EUR)|
|FY ended Dec. 31, 2013||FY ended Dec. 31, 2012||FY ended Dec. 31, 2011*|
R&D Structure-As of December 31, 2013, the Company had 42,800 employees working in research and development worldwide.
R&D Facilities-The Company announced that it held a topping-out ceremony for its new research and advance engineering center in Renningen, Germany. A total of EUR 310 million has been invested in the new location. Since 2012, twelve buildings have been constructed on the approximately 31-hectare northern part of the site. When completed, the facilities will offer 110,000 square meters of floor space. Approximately 1,200 associates will work at the center in research and development. The Company plans to relocate 1,200 engineers working in its facilities around Stuttgart to the new research campus over the course of six months. The relocation will begin in fall 2014 and is expected to finish by summer 2015. (From a press release on September 20, 2013)
-The Company opened a new proving ground in Donghai, Jiangsu province, China. This test facility will allow year-round testing of active safety systems such as antilock braking systems (ABS), electronic stability programs (ESP), and driver assistance systems for passenger cars, motorcycles, and trucks weighing under 45 metric tons. The Company will invest EUR 73 million in this testing facility over three construction phases by 2017. Including testing and service facilities, the site will cover 1.4 million square meters. The new test track, which will also be open to automakers, is part of the Chassis Systems Control division. (From a press release on June 21, 2013)
Electric vehicle technology research program
-The Company and PSA Peugeot Citroen are part of a group working on the Optimal Energy Consumption and Recovery (OpEneR) research program. The program is designed to improve the range of future hybrid and electric vehicles and optimize driver safety and comfort. Two new technologies developed for the OpEneR project will be available for vehicles. One technology involves the use of navigation data for predictive driving functions. A preview of the road is created based on topographical and infrastructure data, giving drivers more time to react to road conditions. This results in energy savings of up to 15%. Another technology is an Adaptive Cruise Control function which controls vehicle speed in curves and in the presence of obstacles and slower vehicles. This provides greater comfort and safety for the driver, who can focus solely on steering. (From a press release on October 30, 2013)
Project on data transmission system for lithium-ion batteries
-The Company launched a new joint project called the IntLiIon project (intelligent data bus concepts for lithium-ion batteries in electric and hybrid vehicles) to improve battery performance in electric vehicles. Between now and May 2016, the new project will receive EUR 2.5 million in funding from Germany's Federal Ministry of Education and Research. The project will cost a total of EUR 4.3 million. The IntLiIon project aims to develop a smart data transmission system that utilizes the path traveled by the electricity in the battery to carry data as well. This would eliminate the need for data-transmission wiring in battery systems. As coordinator of the joint IntLiIon project, the Company is working alongside Pro Design Electronic GmbH, the University of Applied Sciences and Arts Hannover, and the Karlsruhe Institute of Technology (KIT). (From a press release on August 21, 2013)
Design methodology project for micro-electromechanical systems
-The Company is working on a research project known as "Circuit Diagram-Based Design of MEMS for Applications in Optics and Robotics" or MEMS2015. The goal of the project is to develop a universal design methodology for micro-electromechanical systems (MEMS) to fill gaps in between electronics and mechanics design, manufacturing, and product integration. MEMS2015 has a three-year term and will receive EUR 3.5 million in funding from Germany's Federal Ministry of Education and Research (BMBF). (From a press release on February 7, 2013)
Micro-electromechanical system sensors
-The Company has started ASICs (Application-Specific Integrated Circuits) design activities for MEMS (Micro-electromechanical Systems) sensors at its facility in Dresden, Germany. These sensors are silicon-based and sense motion, pressure and magnetic fields. MEMS sensors are used in a variety of automotive applications such as motor controls, vehicle dynamics controls and rollover detection. (From a press release on January 15, 2013)
Technological Alliance-The Company and PSA Peugeot Citroen are planning to jointly develop a hydraulic hybrid powertrain for passenger cars. The hydraulic system is comprised of two hydraulic units and their pressure accumulators. The power-split concept allows the powertrain to be operated in three modes: mechanically, hydraulically, or a combination of the two. This results in an average CO2 reduction of up to 30% under the new European driving cycle, and a reduction of up to 45% in a purely urban driving cycle. The hybrid powertrain will initially be used in the compact car segment, though it can be used for other passenger car segments and light delivery trucks. (From a press release on January 22, 2013)
-The Company announced that its subsidiary in China and JAC jointly developed a next-generation automotive infotainment system based on the GENIVI 2.0 platform, the first of its kind made in China. The GENIVI 2.0 system includes a 3D navigation map with advanced visual effects. JAC installed the system on its new vehicle scheduled for a 2013 release. The Company, a member of the GENIVI alliance, aims to cut down on development costs while providing products with functions that best meet Chinese customers' requirements. (From news releases issued by multiple sources on January 16, 2013)
Product DevelopmentStart-stop coasting function
-The Company announced that it has developed a new start-stop coasting function. Whenever a vehicle can maintain its speed by coasting – for instance on a gentle incline – the system stops the engine, saving additional fuel over a conventional start-stop system. Once the driver touches the gas or brake pedal, the engine restarts. Tests carried out by the Company have shown that combustion engines run needlessly about 30% of the time, meaning that a vehicle could simply coast for about a third of the time. Under real traffic conditions, the function will give drivers fuel savings of roughly 10%. The start-stop coasting function can be used with any combustion engine. (From a press release on December 10, 2013)
Sensor with six degrees of freedom
-The Company announced the launch of a new sensor which offers six degrees of freedom by measuring acceleration in all three spatial dimensions and yaw rates around all axes. The SMI130 is designed for non-safety critical applications in the automotive industry, including in-dash navigation and telematics systems such as toll, eCall, and alarm systems. Samples of the new SMI130 are already available. (From a press release on November 8, 2013)
Long-range radar sensor
-The Company announced that it has developed the LRR4, a fourth-generation long-range radar sensor. Like its predecessor, it has four radar beams which use a 77-gigahertz frequency to generate a bundled beam to the front. The LRR4 can detect other vehicles at a distance of roughly 250 meters. This allows adaptive cruise control to be used at speeds of over 160 kph. Two additional radar beams extend the aperture to 40 degrees, ten degrees more than its predecessor. Series production of the LRR4 will begin in 2014. (From a press release on August 13, 2013)
Electronically controlled clutch
-The Company announced that it has developed a new electronically controlled clutch, eClutch, which provides drivers of manual transmission vehicles access to first gear without using the clutch. Drivers can use the brake and gas pedal, just like in an automatic transmission, without accidentally stalling the engine. The eClutch system makes coasting possible, which saves fuel. The eClutch system decouples the engine from the transmission and then stops the engine if the driver is no longer accelerating. This reduces fuel consumption by approximately 10%. (From a press release on August 12, 2013)
Boost recuperation system
-The Company developed a new boost recuperation system (BRS) which combines four functions into one system: recuperation and torque boost functions, with start-stop and coasting functions. The centerpiece of this new system is a generator that has been upgraded from 12 to 48 volts using new power electronics, making the electric motor up to four times more powerful than before. The BRS can lower a vehicle's fuel consumption and CO2 emissions by up to 15% as it can provide the engine with up to ten kilowatts of additional power. (From a press release on June 17, 2013)
-The Company has developed a video camera that can see objects in stereo. This allows a single sensor to be used in place of multiple sensors for automatic emergency braking systems. Series production of the video camera will begin in 2014.
Traffic jam assistant
-The Company has developed a traffic jam assistant which will be launched in 2014. The traffic jam assistant will keep the vehicle in its lane during periods of congested traffic. The system is expected to serve as a precursor to a traffic jam pilot system which will add the capability to automatically change lanes.
Patents-In 2013, the Company filed 4,964 patent applications.
|(in million EUR)|
|FY ended Dec. 31, 2013||FY ended Dec. 31, 2012||FY ended Dec. 31, 2011*|
-In 2013, the Company's capital expenditure in Germany amounted to EUR 910 million, with much of the spending going towards a new research center in Renningen and expanding the sensor production capacity at its facility in Reutlingen. EUR 620 million was invested in the Asia Pacific region and EUR 280 million was invested in the Americas.
-The EUR 2.2 billion invested towards capital expenditures for the Company's Automotive Technology business sector focused primarily on series production roll-outs and increases in production capacity across the world.
Investments outside GermanyAsia
-Bosch Limited, a subsidiary of the Company, officially broke ground for its new plant in Bidadi, India. Bosch Limited plans to relocate its manufacturing plant in the Bangalore area from Adugodi to Bidadi. The Company acquired 97 acres of land in Bidadi for the new manufacturing facility and is investing over INR 2.5 billion (approximately USD 40 million) for its initial development. Production is expected to begin by the third quarter of 2015 with approximately 850 relocated employees. The new Bidadi facility will produce several components for the Company's Diesel Fuel Injection Systems division. (From a press release on September 18, 2013)
-Bosch Automotive Electronics India Private Limited, a subsidiary of the Company, received approval on an investment proposal for manufacturing Electronic Control Units (ECUs) of car engines under India's Modified Special Incentive Scheme (M-SIPS). The Company plans to invest INR 5.5 billion (EUR 70.5 million) in this proposal over the next 3 to 5 years. (From a press release on July 12, 2013)
-Bosch Electrical Drives India, a subsidiary of the Company, announced the inauguration of its new plant at Oragadam, Chennai. Built with an investment of INR 350 million (EUR 4.9 million) on a 40,000-square-meter plot, the plant will replace the previously rented facility to meet growing demand. Activities at the Chennai facility will include design, development and testing along with scalable production of actuation, thermal and wiper systems for the Indian automotive market. (From a press release on May 16, 2013)
-The Company opened a new plant in Chengdu, Sichuan Province, China. The plant will manufacture safety systems such as antilock braking systems (ABS) and electronic stability programs (ESP) for local customers. The new site covers a total of 127,000 square meters. The Company plans to invest a total of EUR 100 million in the location. Of this amount, EUR 35 million has already been spent on the first construction phase. The new plant is part of the Chassis Systems Control division. (From a press release on August 1, 2013)
-The Company plans to invest EUR 55 million in Vietnam by 2015 towards the production of push belts for use in continuously variable transmissions. (From a press release on July 3, 2013)
-The Company announced that it will establish an auto parts production facility in the greater Jakarta area in Indonesia, its first independent plant in the country. The facility will supply products primarily to Japanese automakers' facilities in the country. An initial investment of EUR 10 million (JPY 13 billion) was made towards the facility, which will start mass production in 2014 and hire more than 120 employees by 2016. (From an article in the Nikkan Jidosha Shimbun on July 1, 2013)
-Bosch Korea, a subsidiary of the Company, will invest approximately KRW 150 billion in its gasoline system business by 2014. The investment will support an expansion at the Daejeon plant to make high-pressure pumps for gasoline direct injection (GDI) engines. (From a press release, June 4, 2013)
-In 2013, a significant portion of the capital expenditure spent on the Automotive Technology business sector was used to expand a common-rail production plant in Bursa, Turkey.
-The Company opened its new Hungarian headquarters in Budapest. The new headquarters covers 50,000 square meters and will employ 350 associates in sales, administration, and engineering. The facility will also include an engineering center, which is currently under construction. Approximately 850 engineers will be relocated to the engineering center following its completion in 2015. (From a press release on July 31, 2013)
-The Company opened a manufacturing facility at the extended site in Blaj, Romania. The facility will primarily supply speed sensors for driver assistance systems such as ABS and ESP. The Company invested EUR 50 million in the factory extension and new manufacturing lines through the end of 2013. The site covers 40,000 square meters, with the new manufacturing facility taking up 21,000 square meters. Approximately 300 new jobs were created by the end of 2013. The new facility is part of the Chassis Systems Control division. (From a press release on June 11, 2013)
-In 2013, the Company has continued construction on a new facility in Cluj, Romania, which will develop and manufacture electronic control units.
-In 2013, tompany's Automotive Technology business sector is investing into a manufacturing plant in Samara, Russia which will create approximately 500 jobs by 2017. The plant will initially produce antilock braking systems, wiper systems, and alternators and eventually manufacture starters and common-rail injectors for commercial vehicles.
-In 2013, the Company completed construction on a new wiper system manufacturing plant in Pecinci, Serbia.
-In 2013, the Company expanded its Automotive Technology facilities in Toluca and Juarez, Mexico.