World Business Watch: Japan's Honda Motor Company hit hard by chip crisis

Sep 21, 2021, 12:05 PM(IST) WION Video Team
Honda Motor has said its car factories in Japan have been operating at 40 percent of capacity in August and September. It is because of shortages of semiconductors and other components which was caused by COVID-19 Pandemic. Japanese auto major also said production in early October should rebound to 70 of capacity though it also added that company is doing whatever it can to minimize impact on production.
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