11:21 AM EST - Magna International : said it expects lower consolidated sales in 2008, compared with 2007 as the auto industry struggles to cope with lower sales of cars and trucks. The autoparts maker said it expects full year consolidated sales to be between $24.9 billion and $26.2 billion. This is down from Magna's most recent estimate for 2007 of between $25 billion and $26.3 billion. Magna International
shares T.MG.A are trading up $1.53 at $73.78.
