4 February 2008

Robert Bosch GmbH and MAHLE GmbH will establish a fifty-fifty joint venture to develop, manufacture, and market exhaust gas turbochargers. The company, to be called “Bosch Mahle Turbo Systems” and headquartered in Stuttgart, will commence operations in April 2008.

The joint venture partners plan to work together to develop and manufacture turbochargers for gasoline and diesel engines, and to market them worldwide. Series production is expected to start in 2010.

As part of the downsizing concept for internal combustion engines, exhaust gas turbochargers are one of the key technologies to reduce fuel consumption and CO2 emissions. The use of turbochargers is common in modern diesel engines, and they are expected to become more prevalent in future gasoline engines. This also calls for more widespread use of advanced injection technologies.

Bosch has been a leading global supplier of fuel injection systems, both with common-rail technology for diesel engines and with gasoline direct injection. MAHLE has many years of experience in the development and manufacture of high temperature-resistant turbocharger components. In addition, its subsidiary MAHLE Powertrain specializes in the development, design, and application of turbocharged engines.

The foundation of the joint venture is subject to approval by antitrust authorities.

Source: Bosch