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Honda plans up to 40% production cuts due to supply chain issues

Posted On: Oct. 7, 2022 9:36 AM CST

Honda Motor Co. Ltd. has announced plans to reduce production at two of its Japanese factories by up 40% this October due to the ongoing supply chain and logistical issues caused by the COVID-19 outbreaks and semiconductor shortage, Reuters reported. As part of the plan, Honda will reduce output at its Saitama and Suzuka factories in Japan.