Asian Tech Press (Feb 17) -- Japan's Honda Motor Co will reportedly cut output at its two domestic plants by at least about 10% until early March due to chip shortage.
The company revealed on Thursday that its Saitama factory and two production lines at its Suzuka plant in Japan will operate at 90% of capacity until early March, hit by chip shortages and disruptions caused by COVID-19 lockdowns, Reuters reported.
Honda has repeatedly cut production capacity at its Japanese plants due to chip shortages and supply chain disruptions since COVID-19 outbreak.
The leading Japanese automaker said in November last year that its Japanese auto plants would return to normal capacity in the first half of the following month.