Renault and Hyundai warn of coronavirus hit after profits fall

French car company says full-year guidance "impossible to assess"

20200423 Renault Hyundai

France's Renault and Hyundai Motor of South Korea suffer big declines in first quarter profit.

ERI SUGIURA, Nikkei staff writer

TOKYO -- Automakers have started to reveal the impact of the coronavirus on their financial performance as France's Renault and Hyundai Motor of South Korea announced big decreases in first quarter profits and warned investors to expect further disruption.

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