Bosch expects sales to increase by about 20% to 46 billion euros in 2010

German auto parts supplier Robert Bosch GmbH recently stated that it has upgraded its 2010 sales outlook to accelerated growth, before the sales of its commercial vehicle business plummeted due to the economic crisis and the financial crisis.

The company in Stuttgart stated that it expects sales to increase by about 20% to 46 billion euros in 2010. The company recorded a record 2009 sales of 38.2 billion euros.

The company's director Bernd Bohr said in a statement, "Obviously, we have resumed growth. And sales growth clearly means positive results."

Robert Bosch expects its sales to increase by about 10% so far in 2010 and return to profitability.

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