Japan’s Big 5 face $1.6B profit hit from virus, analyst says

The coronavirus has shut down factories in Hubei, China’s fourth-largest auto manufacturing hub, and continues to ripple across the global auto industry, Goldman Sachs said. Toyota, Nissan, Honda, Mitsubishi Motors and Mazda rely on key parts from the country even if they assemble vehicles elsewhere.

source https://www.autonews.com/china/japans-big-5-face-16b-profit-hit-virus-analyst-says