"We have high delivery shares at Fiat, typically higher than at Chrysler, so we see an upside potential," Bosch Automotive Group Chairman Bernd Bohr told Automotive News.
According to Autonews, Bosch intends to expand its business in the turbocharger market in 2011 and develop new solutions to support automakers in reducing fuel consumption of their engines. Additionally, the world's largest auto supplier intends to standardize diesel parts to increase volume and reduce costs, the company's chairman said.
"Sales and production are now balanced, but sales are pretty low," he said. "We are not yet seeing anyone coming to saying, 'We are moving forward again.'"
"We are seeing the scrapping incentive have a positive affect, but when the subsidies are gone, the affect will be gone. We cannot say this is a sustainable improvement in the economic situation of the automotive industry."
While most of its today's plans rely on the Fiat - Chrysler alliance, Bernd Bohr also revealed that he plans to continue working with General Motors, even after the American manufacturer went through Chapter 11.
"We've had a good relationship in the past and I am very sure we will remain on GM's supplier panel," Bohr said. "Usually there is a relationship between volume and price."
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