Bosch Named World's Most Admired Automotive Supplier -

Bosch Named World’s Most Admired Automotive Supplier

Bosch has been named "most admired" motor vehicle parts supplier by Fortune magazine. Bosch was ranked No. 1 based on responses from 3,855 executives, directors and analysts at 698 companies from 58 industries and 32 countries. Bosch's most valued attributes, according to the survey, include innovation, people management, quality of management, quality of products/services and global competitiveness.

Bosch has been named "most admired" motor vehicle parts supplier by Fortune magazine. Bosch was ranked No. 1 based on responses from 3,855 executives, directors and analysts at 698 companies from 58 industries and 32 countries. Bosch’s most valued attributes, according to the survey, include innovation, people management, quality of management, quality of products/services and global competitiveness.

In addition to receiving the motor vehicle parts honor, Bosch also ranked fifth "most admired" among all companies in Germany and earned the No. 14 spot among companies in the European company category.

"Fortune‘s ranking is a tremendous honor for our company, associates, customers and suppliers," said Dr. Werner Struth, chairman, president and CEO of Robert Bosch LLC and member of the board of management, Robert Bosch GmbH. "Bosch remains committed to providing excellent service, high-quality products and leading industry advancements. This honor demonstrates our associates’ dedication to our industry and our work."

Since 1997, Fortune‘s "World’s Most Admired Companies" list is one of the most renowned company reputation ranking lists.

Other top 10 contenders in the Motor Vehicle Parts category included Johnson Controls, Toyota, Michelin, Navistar International, Bridgestone, Goodyear, DENSO, ZF and Magna International.

For more information about the list, click here.

You May Also Like

The True Cost Of Comebacks

Comebacks are a hot topic today. You need to track all comebacks, determine the reason (tech error, part error, training issue, other) and then calculate the true cost of the comeback.

By Joe Marconi of Elite

Comebacks are a hot topic today. You need to track
all comebacks, determine the reason (tech error, part error, training issue,
other) and then calculate the true cost of the comeback.

Here are a few things to consider:
• The loss of time when performing the comeback; time that the tech can use to
perform other work and generate profit;
• The misc costs, such as overhead costs, supplies, cleaners, etc.;
• Towing costs, rental, etc.;
• Cost to morale;
• Reputation damage; and
• Reduction to your profit margin.

Want To Increase A/C Sales?

Have your techs, as part of their preliminary checks, turn on the A/C and see if the system is working. Is the compressor turning on? Are all the fan speeds working? Is the system getting cold? Is there a smell from the vents?

Call For Entries For The ATMC National Excellence In Training Awards

The Automotive Training Managers Council (ATMC) has issued a call for entries for the 2014 National Excellence in Training Awards. The annual program is designed to highlight the importance of training to the success of the transportation industry by honoring highly effective or innovative training programs. The awards are open to any person or entity providing training in the industry.

CARS 2014: ‘Not Your Father’s Oldsmobile’

From ASA comes word that CARS this year “is not your father’s Oldsmobile.” This year’s CARS will be held July 30-Aug. 2 in Detroit and, for the first time, the focus will be on younger techs. Each program at CARS this year has been handpicked with an eye toward making your shop better, said Donny Seyfer, chairman-elect of the Automotive Service Association, which sponsors CARS.

GAAS Attendees Get ‘Connected’ In Chicago

Attendees of the Global Automotive Aftermarket Symposium’s (GAAS) 2014 Connected conference were engaged in a range of high-level topics affecting the automotive aftermarket now and in the future.

Other Posts

Raybestos Rattlesnake Sweepstakes Winner Receives His Ride

Not even heavy rain and winds could dampen the festive mood at Automotive Electric Distributors (AED) in Vancouver, Wash., on Friday, May 9, the day that David Cramer received the keys to his custom 2014 Raybestos Rattlesnake Toyota Tundra.

NACE/CARS 2014 Meets Shop Owners’ Education, Training Needs

NACE/CARS 2014 has announced the full training and education conference program that organizers say will have shop owners, technicians and industry stakeholders covered from A to Z when it comes to training, education and unbeatable new sessions. In addition to this year’s event being the largest conference offering in NACE/CARS history, show organizers also have many of the industry’s leading experts speaking at this year’s event.

June 9-15 Is Automotive Service Professionals Week

The National Institute for Automotive Service Excellence (ASE) has declared June 9-15 as National Automotive Service Professionals Week. Building on the success of Automotive Service Professionals Day established in 2001, ASE launched National Automotive Service Professional’s Week in 2005 to honor the commitment and dedication of automotive, truck and collision technicians, along with parts specialists and other support professionals who serve the motoring public.

Background Check Requirements And Best Practices Guidelines

Recently, the Equal Employment Opportunity Commission (EEOC) and the U.S. Federal Trade Commission (FTC) joined forces to publish guideline documents to continue to educate employers regarding background checks and the applicable laws and regulations surrounding them. The information provided isn’t anything new, but it serves as a good reminder for employers that currently are conducting background checks for employment purposes or those employers who may plan to start doing so.