Bosch sees 10% year-on-year rise in global car parts sales

German autos parts supplier Robert Bosch expects global sales of its car parts division to rise 10 percent year-on-year in 2010, as inventory adjustments have been completed, a top company official said on Monday.                                           

"Inventory adjustments have taken place in 2009 and is not likely to be repeated in 2010," Bernd Bohr, head of the company's car parts division, told a new conference.