Honda Motor Co would reduce car production at two plants in Suzuka by up to 40 percent in early October due to ongoing supply chain and logistical problems.
The carmaker would also cut production at its assembly plant in Saitama prefecture by about 30 percent for the period.
For the rest of September, Honda would reduce vehicle production at Saitama by about 40 percent and at Suzuka by about 20 percent.
There is a persistent shortage of chips and supply chain disruptions in the first half of the business year.
Honda attributed logistics and COVID-19 outbreaks as the cause of parts delivery delays. A number of vehicles, including the Vezel sport utility vehicle, Stepwgn minivan, and Civic compact car, will experience the output cut.
After a previous drop, Honda's production at those two factories returned to normal in June, but the firm indicated previously that it started making changes once more the following month.


Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Thailand Inflation Remains Negative for 10th Straight Month in January
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 



