MUNICH, Sept 9 (Reuters) - Bosch, the world's
biggest auto supplier, expects competitive pressure in the
sector to continue next year, its CEO said on Tuesday, as the
industry grapples with growing trade barriers and price
declines.
Stefan Hartung, speaking to Reuters at the IAA auto show in
Munich, said 2026 would continue to see significant innovation
and technolgical developments in the global automotive sector.
"But believe me, the industry will remain under pressure. It
will continue to be limited in terms of volume. Structural
adjustments will continue due to the shift in value creation,
and it will remain a highly competitive sector where there will
be a fight over every cent," he told Reuters.