Bosch warns of rising cost pressure in 2026, delays margin target
Yahoo Finance·2026-01-30 18:08

FRANKFURT, Jan 30 (Reuters) - Bosch, the world's largest car parts supplier, on Friday warned of another ​tough year in 2026 and postponed a 7% ‌margin target as it expects no let-up in cost and competitive ‌pressure in a sector hit by tariffs worldwide. Bosch last year announced a further 13,000 job cuts, or around 3% of its total workforce, to protect margins and ⁠ensure it remains competitive ‌in light of import tariffs and price declines that have hurt its business. CEO Stefan ‍Hartung told Reuters ...

Bosch warns of rising cost pressure in 2026, delays margin target - Reportify