Bosch, the largest car parts supplier, warns of another tough year in 2026 and delays 7% margin target due to ongoing cost and competitive pressures from global tariffs. The company announced 13,000 job cuts last year to protect margins in a challenging automotive sector.

CEO Stefan Hartung predicts tough competition in the automotive industry, with a fight for every cent in 2026. Bosch now expects to achieve its 7% profit margin in 2027 at the earliest, citing a slowdown in global economic growth and increased tariffs impacting business.

Sales for Bosch rose 0.8% to 91 billion euros in 2025, but the operating margin fell to 1.9% from 3.5%. The company anticipates further competitive and price pressure, with increased tariffs having a greater impact in the coming year.

Read more at Yahoo Finance: Bosch warns of rising cost pressure in 2026, delays margin target