Bosch plans to cut 13,000 jobs in its mobility division in Germany to save €2.5bn due to a stagnated market and increased competition, particularly from Tesla and BYD. The company also cited rising costs from US tariffs. Bosch aims to reduce costs and investments amid declining demand, with no UK jobs affected. The German car industry is facing challenges as foreign competitors gain market share. Teljes cikk (bbc.com europe)