Germany's Aumovio holds forecast, warns challenging auto market conditions will persist
06/08/2026 06:00
Germany's Aumovio holds forecast, warns challenging auto market conditions will persist Aug 6 (Reuters) - German automotive supplier Aumovio AMV0n.DE confirmed its full-year guidance on Thursday but warned that weak automotive markets, lower vehicle production, geopolitical tensions and trade policy uncertainty will continue to weigh on business this year.
"We expect the weak market development, which has weighed on our results in the first half of the year, to continue," CFO Jutta Doenges said in a statement.
(Reporting by Amir Orusov; Editing by Mrigank Dhaniwala)