Business & Finance
Honda says domestic output at 40% of capacity in Aug-Sept, 70% in early Oct
- Honda in a press release on its website said production in early October should rebound to 70% of capacity
TOKYO: Honda Motor Co said its car factories in Japan have been operating at 40% of capacity in August and September because of shortages of semiconductors and other components caused by the COVID-19 pandemic.
Honda in a press release on its website said production in early October should rebound to 70% of capacity.
"We are doing what we can to minimize the impact on production, but the situation remains unclear," the Japanese company said.
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