Michelin keeps its 2019 guidance despite deteriorating auto market

PARIS (Reuters) - French tyre maker Michelin cut its full-year market forecasts again on Thursday, pointing out a sharper-than-expected downturn in the truck segment, but the company maintained its full-year guidance.The group, which said two weeks ago it would close a French plant in response to deteriorating conditions of the auto industry, also posted a 8.9% increase in third-quarter revenue to 6.115 billion euros (£5.28 billion).Michelin said in a statement that the truck tire markets are..