STUTTGART, Germany--(BUSINESS WIRE)--Bosch has been named the world’s most admired motor vehicle parts supplier by the U.S. business magazine Fortune. Fortune’s 2016 World’s Most Admired Companies list is based on surveys from executives, directors and analysts from 652 companies within 54 industries located in 30 countries, and is derived from nine key reputation attributes. In the motor vehicle parts category, Bosch leads in eight reputation attributes: innovation, people management, use of corporate assets, long-term investment value, quality of management, financial soundness, global competitiveness, and quality of products and services. The company was ranked second in social responsibility. Overall, Bosch ranks among the top third of companies in Fortune’s Global 500 list.
“We are honored to be included in Fortune’s list of most admired companies, and I believe that this recognition speaks to the passion of our Bosch associates,” said Werner Struth, member of the board of management of Robert Bosch GmbH and chairman of Robert Bosch LLC. “The company and its associates are devoted to innovation and creating products that will advance the industry and improve the quality of life for our customers.”
Fortune’s World’s Most Admired Companies list is the definitive report card on corporate reputations. Korn Ferry Hay Group has collaborated with Fortune since 1997 to rank the world’s most admired companies and reveal the business practices that make these companies esteemed 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 28,700 associates in more than 100 locations, as of April 1, 2015. In 2014, Bosch generated consolidated sales of $11.3 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 375,000 associates worldwide (as of December 31, 2015). According to preliminary figures, the company generated sales of more than $77 billion (70 billion euros) in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2015, Bosch applied for some 5,400 patents worldwide. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”
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