Bosch announces spin-off of German business

Recently, Bosch, the world's largest automotive parts supplier, announced that it will transfer its mobility business in Germany, along with three service unitsBosch Digital, Global Business Services, and Global Real Estatefrom Robert Bosch GmbH into separate legal entities to operate as wholly owned subsidiaries of the group; the group headquarters will be transformed into a holding company, retaining only group financing, central research, and advanced engineering functions. The new entities will begin operating on August 1, 2027, with the overall restructuring to be completed in phases by the end of 2027. However, this spin-off will not affect the business in the Chinese market. Insiders at Bosch China stated that this adjustment is a unification of the group's structure within Germany and is not targeted at China or other regions, and that China's business layout and investment will not be affected.