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Volkswagen Trims Growth Estimates as Industry Slowdown Bites

  • VW lowers sales, profit growth forecasts; keeps margin targets
  • Revision is response to industry slump that is deepening
A Volkswagen badge sits on a Volkswagen Sharan automobile displayed on the forecourt of a dealership in Vienna.
Photographer: Akos Stiller/Bloomberg
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Volkswagen AG lowered some forecasts for next year to reflect weakening demand in big car markets like China as a decade of nearly uninterrupted industry growth grinds to a halt.