Headlines
Parts supplier Bosch says still banking on North America amid car tariffs
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Bosch continues its North American expansion despite U.S. tariffs, emphasizing a local-for-local production approach within a global network.
BERLIN (Reuters) - German car parts supplier Bosch said it is still banking on the North American region with expansion plans there, while stressing that it was globally positioned in a statement responding to U.S. President Donald Trump's tariff announcement.
"We have confidence in the long-term potential of the North American market and are continuing to expand our business in the region," the statement said.
"While focusing on our local-for-local principle, we work simultaneously in an international production network and are globally positioned," it added.
(Reporting by Ilona Wissenbach, Writing by Rachel More; Editing by Ludwig Burger)
The article discusses Bosch's expansion in North America amid U.S. car tariffs.
Bosch is expanding in North America, focusing on a local-for-local production strategy.
Bosch operates in a global production network while following a local-for-local principle.
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