Bosch Chief Doesn’t See Looming Recession, WirtschaftsWoche Says

Robert Bosch GmbH doesn’t see a pending recession although reactions to exaggerated concerns might lead to an economic slowdown, WirtschaftsWoche reported, citing an interview with Chief Executive Officer Franz Fehrenbach.

Fehrenbach, head of the world’s largest auto-parts supplier, doesn’t see European governments avoiding joint euro bonds to address the debt crisis, the newspaper reported.

To contact the reporter on this story: Chris Reiter in Berlin at creiter2@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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