UPDATE 1-German VDMA sees slower 2008 growth, keeps outlook


(Adds quotes, background) FRANKFURT, Jan 29 (Reuters) - Germany's VDMA engineering association expects global growth to slow this year as the U.S. real estate crisis and the strong euro take their toll, it said on Tuesday, reiterating its 2008 forecast. VDMA -- whose members include industrial heavyweights such as Siemens , MAN AG , Volkswagen , ThyssenKrupp and Daimler -- said it expects German engineering sector growth of 5 percent this year. Output volume in the sector expanded ...

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