WRAPUP 1-Yen hurts Japan carmakers, Germans brace for worse


* Mazda, Mitsubishi Motors, Denso lower forecasts * Volkswagen, Continental, MAN reaffirm 2008 profit targets * Mazda CEO says sees no change in relationship with Ford * Shares gain amid global equity rally (Combines Japanese and German automotive earnings) By Chang-Ran Kim and Christiaan Hetzner TOKYO/FRANKFURT, Oct 30 (Reuters) - Slowing global car markets and a strong yen forced Japanese carmakers Mazda and Mitsubishi to slash full-year targets on Thursday while German rival ...

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