FRANKFURT - Robert Bosch GmbH is using Asia's economic crisis to boost its stake in the region. After taking control of two Korean joint ventures, Bosch has acquired a majority stake in Japanese diesel fuel injection pump maker Zexel Corp.
FRANKFURT - Robert Bosch GmbH is using Asia's economic crisis to boost its stake in the region. After taking control of two Korean joint ventures, Bosch has acquired a majority stake in Japanese diesel fuel injection pump maker Zexel Corp.
The moves are an adjustment for many automakers and suppliers that were concerned about the tariffs. Some say the tariff revisions fall short of protecting suppliers.