FARMINGTON HILLS, Mich.--(EON: Enhanced Online News)--Bosch has been named the world’s most admired motor vehicle parts supplier for the third consecutive year by Fortune. Fortune’s 2017 World’s Most Admired Companies list is based on surveys from executives, directors and securities analysts from 680 companies within 51 industries located in 28 countries, and is derived from nine key reputation attributes. In the motor vehicle parts supplier category, Bosch leads in all nine reputation attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness.
“The passion and dedication of our employees allow us to create a wealth of advanced innovations that are helping to drive the automotive industry forward in new and exciting ways.”
In Fortune’s Global 500 list, Bosch ranks among the top 100 companies, having moved up to 87 in 2017 from 150 in 2016.
“The Bosch team is incredibly proud to consistently be recognized by Fortune among the world’s most admired companies,” said Mike Mansuetti, president of Robert Bosch LLC. “The passion and dedication of our employees allow us to create a wealth of advanced innovations that are helping to drive the automotive industry forward in new and exciting ways.”
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 the past 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 some 32,500 associates in more than 100 locations, as of December 31, 2016. According to preliminary figures, in 2016 Bosch generated consolidated sales of $13.7 billion in the U.S., Canada and Mexico. For more information, visit www.boschusa.com, www.bosch.com.mx and www.bosch.ca.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 390,000 associates worldwide (as of December 31, 2016). According to preliminary figures, the company generated sales of 73.1 billion euros ($80.9 billion) in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected industry. 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 create solutions for a connected life, and to improve 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 450 subsidiaries and regional companies in some 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 120 locations across the globe, Bosch employs 59,000 associates in research and development.
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