

Due to chip shortages and COVID-19 lockdowns, Honda Motor Co. plans to curtail output on two lines at one of its Japan facilities by around 50% in early May, the company announced on Thursday.
In April, the facility in Suzuka will cut production in half, increasing the size of the reduction from a previous announcement that output would be cut by around a third.
According to the corporation, delays in logistics and components supply have been caused by a prolonged semiconductor scarcity as well as unstable geopolitical circumstances.
According to Honda’s website, the Suzuka facility manufactures the Fit and N series mini-vehicles, as well as components for Honda’s international facilities in 27 countries.
In April, production at a facility in Saitama prefecture will be cut by a third, but the firm expects to resume regular operations in early May, according to the company.