Schaeffler has cut its forecast for revenue growth at its automotive unit to between 4.5 and 5.5 percent from 6 to 7 percent previously, due to weaker demand in China and Europe.
source http://europe.autonews.com/article/20180919/ANE/180919699/schaeffler-cuts-forecast-for-auto-revenue-on-weaker-china-europe
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