Interesting history on Bosch and Rober Bosch - Saab General Bulletin Board - Saabnet.com
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Interesting history on Bosch and Rober Bosch
Posted by B (more from B) on Fri, 20 Aug 2010 21:47:16
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Just did some research on him knowing Bosch's influence on cars. I had no idea the history on the man himself and the current company especially considering their impact on just about every major car maker. Some facts I pulled from the internet..
Robert Bosch GmbH is the world's largest supplier of automobile components, and has business relationships with virtually every automobile company in the world.
Bosch invented the first practical magneto, an early ignition electrical source, which provided the spark to ignite the fuel in most of the earliest internal combustion engines
2004, Robert Bosch GmbH was 17th on the list of Top 20 Patent Winners in the United States, with 907 new patents. This was an improvement from 20th (758 patents) in 2003, and 23rd (683 patents) in 2002.[3]
Robert Bosch GmbH, including its wholly owned subsidiaries such as Robert Bosch LLC in North America, is unusual in that it is an extremely large, privately owned corporation that is almost entirely (92%) owned by a charitable foundation. Thus, while most of the profits are ploughed back into the corporation to build for the future and sustain growth, nearly all of the profits distributed to shareholders are devoted to humanitarian causes.
posted by 99.6.11...
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