Honda Says Domestic Output Capacity Reduced Until March

Honda Says Domestic Output Capacity Reduced Until March
Workers assemble cars at Honda Motor's Saitama factory in Sayama, north of Tokyo, Japan, on April 18, 2011. (Issei Kato/Reuters)
Reuters
2/17/2022
Updated:
2/17/2022

TOKYO—Honda Motor said on Thursday that two of its domestic manufacturing sites will operate at 90 percent of capacity until early March due to a shortage of semiconductors.

Honda’s Saitama factory and two production lines at its Suzuka plant will see their production capacity cut by about 10 percent at least until early March, hit by the chip shortage and disruptions caused by COVID-19 lockdowns, the automaker said in a statement.