Robert Besser
13 Sep 2022, 15:18 GMT+10
TOKYO, Japan: Supply chain and logistical problems are forcing Honda Motor Co to reduce output of vehicles by up to 40 percent at two Japanese plants for the remainder of September.
Honda's assembly plant in Saitama prefecture, north of Tokyo, will slash output by about 40 percent this month, while two lines at its Suzuka plant in western Japan will cut back production by some 20 percent in September.
Honda blamed delays in receiving parts on COVID-19 outbreaks and semiconductor shortages.
The output reduction will affect a variety of vehicles, including the Vezel sports utility vehicle, Stepwagon minivan and Civic compact car.
At the same time, Honda rival Toyota Motor Corp remained bullish on its production plan, maintaining its record global vehicle production target of 9.7 million for the current financial year, to end-March 2023, saying its production and sales outlook would improve from August onwards.
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