Nissan shares plummet as Q3 earnings highlight China worries


A badge is seen on the new Juke car at Nissan's car plant in Sunderland Britain

TOKYO: Nissan Motor saw its shares plunge as much as 11.7% on Friday in what could become their biggest selloff since 2001, after the automaker trimmed its sales volume forecast for this financial year and amid worries about its business in China.

The decline wiped around $1.8 billion off the stock's market value and put Nissan on track for its biggest single-day drop since falling more than 12% in September 2001.

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