Kuni .G. Isaac
TOKYO (Reuters)-Honda Motor Co is planning to cut product by about 50 on two lines of one of its domestic manufactories in early May due to chip droughts and COVID-19 lockdowns, the company said on Thursday.
The plant in the megacity of Suzuka will also slash its product by half for the month of April, expanding the scale of the cutback from an earlier advertisement that it would cut back product by about a third.
The company said the patient semiconductor deficit as well as uncertain geopolitical affairs had caused detainments in logistics and corridor appearance.
A plant in Saitama prefecture would also reduce product by a third in April but is planning to restore normal operation in early May, the company said.