Honda to Cut Output by up to 40 Percent at Japan Plants on Supply Disruptions

Honda to Cut Output by up to 40 Percent at Japan Plants on Supply Disruptions
The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva on March 5, 2019. Pierre Albouy/Reuters
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TOKYO—Honda Motor Co. said on Thursday it would slash production plans by up to 40 percent in Japan early in September due to persistent supply chain and logistical issues.

The news comes even as Japanese automakers have been cautiously optimistic that chips shortage that caused repeated production cutback is easing.