Nissan shares plummet as Q3 earnings highlight China worries
Nissan maintained its annual operating profit view of 620 billion yen ($4.15 billion) on Thursday as it expected a more profitable product mix to offset a downward revision to its sales outlook, to 3.55 million vehicles from 3.7 million.
Nissan shifted its China tactics to focus on regaining sales in cities and regions where electrification is happening at a slower pace. (Image source | Reuters)