WORLD MAY HAVE HIT PEAK CAR OUTPUT: BOSCH

Highlights:

• Global Automotive production will by 2.6 percent to 89 million vehicles in 2020 as predicted.
• Bosch's full-year earning has fallen to 3 billion euros in 2019 due to low demands in China and India.
• In 2019, Bosch reduced its headcount by 6,800 with 2,000 jobs cut in Germany and 3,600 in the Asia Pacific.

Global automotive production may have seen a hike. ....