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Bosch Named Most Admired Automotive Parts Supplier By Fortune Magazine

This is the second consecutive year that Bosch has been recognized as the most admired automotive supplier. The company was ranked fifth among the "most admired" German companies included in the survey, and 15th among all companies outside the U.S.
By Shop Owner Staff
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Bosch has been named the world’s “most admired motor vehicle parts supplier” by Fortune magazine in its 2013 list.

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This is the second consecutive year that Bosch has been recognized as the most admired automotive supplier. The company was ranked fifth among the “most admired” German companies included in the survey, and 15th among all companies outside the U.S.

Regarded as one of the most prominent surveys of company reputation since its launch in 1997, Fortune’s “World’s Most Admired Companies” list recognizes companies worldwide based on feedback from business professionals in a wide range of industries. The companies are ranked according to the location of their headquarters.

Bosch ranked first on all nine of Fortune’s reputation criteria within the motor vehicle parts supplier category. The criteria include innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, quality of products and service and global competitiveness. Executives, directors and analysts were surveyed at 687 companies in 57 industries and 30 countries to determine the most admired companies.

Regarded as one of the most prominent surveys of company reputation since its launch in 1997, Fortune’s “World’s Most Admired Companies” list recognizes companies worldwide based on feedback from business professionals in a wide range of industries. The companies are ranked according to the location of their headquarters.

“Fortune’s recognition of our company is a testament to our associates’ achievements," said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH. "They are dedicated to maintaining exceptional customer service and to developing innovative products and services that fascinate and improve quality of life for people around the world. We are honored to be included in this list of successful companies.”

To view the full list go to http://money.cnn.com/magazines/fortune/most-admired and select "All Companies" from the dropdown menu.

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Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

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Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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