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Honda to cut output at Japan plants on chip shortage

Honda Fit assembly in Japan
A worker assembles Fit\/Jazz vehicles at Honda's factory in Suzuka, Japan. (BLOOMBERG FILE PHOTO)
R
By:
Reuters
April 22, 2022 12:52 AM

TOKYO — Honda is planning to cut production by about 50 percent on two lines at one of its Japan factories in early May due to chip shortages and COVID-19 lockdowns, the company said on Thursday.

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