Wednesday, 19 September 2018

Schaeffler cuts forecast for auto revenue on weaker China, Europe demand

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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