The firm says it hit its sales and earning targets and expects 2008 will bring ‘generally positive developments’ for its business despite a less favourable economic environment. Bosch says it will plan to spend 2.9 billion euros to expand its Asian activities over the next two years. In Germany the growth of its Abstatt engineering centre will create up to 800 new jobs. (Tyres & Accessories/Staffordshire, U.K.)