TOKYO -- A dark cloud is hanging over Nissan Motor's road to recovery, as it prepares to announce its earnings results for the April to December period of 2019 on Thursday.
Automobiles
Coronavirus casts shadow over Nissan's earnings outlook
With no end to epidemic in sight, carmaker's reliance on China will exact a toll
According to estimates by Goldman Sachs Japan, 45% of Nissan's net profit came from China in the previous fiscal year, much higher than Toyota's 11% or Honda's 30%. © Reuters
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