Honda to cut output at Japan assembly plants as chip shortage grinds on

Honda Fit assembly in Japan — A worker assembles a North America-bound Fit vehicles at Honda's factory in Suzuka, Japan, on Aug. 23, 2016. (BLOOMBERG FILE PHOTO/Bloomberg)

By:

Reuters

April 22, 2022 12:52 AM

TOKYO — Honda Motor Co. is planning to cut production by about 50 percent on two lines at one of its Japan factories in early May due to chip shortages and COVID-19 lockdowns, the company said on Thursday.

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