Honda to cut output by up to 30% at Japan plants on supply snag
Honda Motor’s logo. REUTERS/Chaiwat Subprasom
TOKYO– Honda Motor Co said it would slash production by up to 30 percent in Japan next month against original plans due to persistent supply chain and logistical issues.
Two lines at its Suzuka plant in western Japan will reduce production by about 10 percent this month and by about 30 percent in early August versus previous plans, Honda said late on Thursday.
Its assembly plant in Saitama prefecture, north of Tokyo, will also cut back production by about 10 percent early next month.
Honda has not disclosed its monthly production target.
Automakers have been unable to shake off the impact of COVID-19 lockdowns in China and a shortage of semiconductors.
Toyota Motor Corp said this week its global production for August would be about 700,000 units, down roughly 18 percent from its plans at the beginning of the year.
Honda adjusted its production plan in May but had said it would return to normal in early June.
