Automotive supplier Bosch enters carsharing market, competes with former customers
Handelsblatt
German company Bosch, one of the car industry鈥檚 largest suppliers, is entering the carsharing and ridesharing market, Martin Buchenau and Thomas Tr枚sch write in the Handelsblatt. 鈥淏osch launches an attack in this business area,鈥� the authors say, adding that Bosch鈥檚 purchase of US ridesharing startup SPLT will allow the company to enter a fast-growing market that could cater to about 685 million users around the world by 2022. 鈥淭he world鈥檚 largest car industry supplier positions itself against its former customers Daimler, Volkswagen, and BMW,鈥� which themselves are active in the carsharing market, the authors write.
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