Memorandum of Agreement Inked to Open 500 Bosch Car Service Workshops in Five Key Caltex Retail Markets
SINGAPORE, November 16, 2012 — Drivers in the Philippines, Malaysia, Thailand, Singapore and Cambodia will have another reason to enjoy their journey as Chevron and Bosch come together to offer customers premium car care services for all of their motoring needs. The mutual exchange of world-renowned automotive know-how, together with energy-efficient technology, will see the roll-out of Bosch Car Service workshops and retail shops at 500 CaltexTM stations across the five countries over the next five years.
Chevron, marketer of international energy brand, Caltex, and Bosch a leading global supplier of automotive parts and diagnostic equipment, will tap on each other’s respective technical expertise and customer base. The Bosch Car Service workshops at Caltex service stations will provide services to multi-brand vehicles offering diagnosis, maintenance and repairs. Caltex Lubricants and Bosch Automotive Aftermarket products and parts will also be sold at Caltex service stations where Bosch Car Service workshops are located.
“A multitude of factors contribute to an enjoyable driving experience and maintaining one’s vehicle tops the list. Our partnership with Bosch demonstrates the commitment from both companies to provide customers with the best experience on the road. Our motorists will benefit from the combination of Bosch’s automotive engineering expertise and our long-standing energy efficiency solutions,” said Peng Xiaofei, Vice President, Asia Pacific Products, Chevron. “We look forward to this collaboration with Bosch and believe this will be the start of a strong and fruitful partnership.”
“With the expansion of the Bosch Car Service footprint across Southeast Asia, motorists will appreciate the accessibility of a diverse range of reliable, quality automotive maintenance and repair solutions with the proximity of Caltex service stations,” said Martin Hayes, President of Bosch in Southeast Asia. “Furthermore, our Bosch Car Service network partners can look forward to new business opportunities and a great diversity of product offerings backed by a global network, long-standing experience and world-class technical competencies in the automotive sectors from both companies.”
This new regional partnership will see Chevron and Bosch working together to house 500 Bosch Car Service workshops at Caltex service stations in five years. In Singapore, customers will be able to enjoy enhanced services, wherever Bosch Car Service workshops are co-located within Caltex’s retail network of 29 stations.
Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business worldwide. The company's success is driven by the ingenuity and commitment of its employees and their application of the most innovative technologies in the world. Chevron is involved in virtually every facet of the energy industry. The company explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.
About Caltex Singapore
In Singapore, Chevron Singapore Pte Ltd markets the Caltex brand, which is Chevron’s customer-facing brand in Asia Pacific and parts of the Middle East and Africa. The Caltex retail network in Singapore consists of 29 Caltex service stations, 26 StarMarts and three mini marts. Products such as Caltex with Techron petrol, Caltex Diesel with Techron D and Havoline® motor oil are also available at all Caltex service stations.
About the Bosch Group
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods and building technology, software and systems solutions, more than 300,000 associates generated sales of 51.5 billion euros in fiscal 2011. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in some 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing and sales network are the foundation for further growth. Bosch spent some 4.2 billion euros for research and development in 2011, and applied for over 4,100 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial. Additional information can be accessed at www.bosch.com or http://www.facebook.com/BoschGlobal.