Veoneer cuts sales forecast, remains downbeat on auto industry
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STOCKHOLM (Reuters) - Swedish auto technology group Veoneer cut its full-year sales forecast on Wednesday and remained downbeat about global car production, but a smaller-than-expected third-quarter operating loss supported the company's shares.A deep slump in auto production has hit Veoneer and the wider automotive industry hard, forcing the company to raise capital earlier this year to shore up its balance sheet. "The automotive industry faced a volatile and challenging quarter, with light..