AutomobilesRenault pulls out of China joint venture as auto outlook darkens
SAIC forecasts sales to dip while BYD warns of sharp profit fall
SAIC Motor is expecting its auto sales this year to be around 6 million units -- about 4% less than last year. © Reuters
KENJI KAWASE, Nikkei Asian Review chief business news correspondent
TOKYO -- Renault has ended its joint venture with its Chinese carmaking partner, a day after China's leading state-owned automaker gave an unusually bearish outlook in a sign that the country is struggling to shrug off the economic impact of the coronavirus outbreak.