Continental flags slowing autos growth, to spin off powertrains
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FRANKFURT (Reuters) - Germany's Continental said on Tuesday that slower automobile production growth had forced the parts maker to book a 2.5 billion euro (2.15 billion pounds) impairment and a further 97 million euros in restructuring provisions.Continental said in a statement it would book a loss before interest and taxes (EBIT) and net income in the third quarter and a negative net income for the full year. "We do not anticipate that global production of passenger cars and light..