Bosch to spin off automotive business as Asian rivals intensify pressure

T2Covered by 1 source · first reported by DigiTimes (headlines) at 24 Oct, 01:43 UTC

Bosch Group plans to establish Bosch Mobility as a wholly owned, legally independent subsidiary in August 2027, separating the business that generated about 60% of group revenue. The move will complete the restructuring of Bosch's four major business areas and leave the parent company focused on…