FARMINGTON HILLS, Mich. – 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.
