Bosch has been named the world’s most admired motor vehicle parts supplier by the influential American business magazine Fortune.

Fortune produces an annual list of the World’s Most Admired Companies based on surveys from executives, directors and analysts from 652 companies across 54 industry sectors and 30 countries.

Bosch came out on top in eight reputation attributes; innovation, people management, use of corporate assets, long-term investment value, quality of management, financial soundness, global competitiveness and quality of products and services in the motor vehicle parts category.

Werner Struth, member of the board of management of Robert Bosch GmbH commented, “We are honoured to be included in Fortune’s list of most admired companies, and I believe that this recognition speaks to the passion of our Bosch associates. The company and its associates are devoted to innovation and creating products that will advance the industry and improve the quality of life for our customers.”