06:22 AM EDT, 07/31/2026 (MT Newswires) -- Schaeffler (SHA.F) lowered its sales guidance for 2028, citing significantly lower market expectations, particularly for passenger cars and light commercial vehicles. The German motion technology group now expects sales between 24 billion euros and 26 billion euros, compared with its previous forecast of 27 billion euros to 29 billion euros, according to a Friday release.

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