The Business Times

Subaru to cut output at plants in Japan, US due to global chip shortage

Published Thu, Jan 14, 2021 · 04:15 PM

[TOKYO] Japanese automaker Subaru said on Thursday it would cut output this month by "several thousand" vehicles at plants in Japan and the United States, citing a global shortage of semiconductors.

A spokesman said Subaru will adjust production at factories in Gunma, Japan and Indiana, reducing output by several thousand vehicles at each, without specifying exactly how many fewer cars will be made.

Subaru will also examine in future whether there will be further cuts from February, he said.

Global car makers have been hit by a global scramble for semiconductors as demand rebounds from the coronavirus crisis.

Subaru's competitor Nissan Motor said it planned to reduce production of the Note, a hybrid electric car, at its Oppama Plant in Kanagawa prefecture, Japan, while Honda Motor also said on Jan 8 its domestic output could be affected by a shortage of chips.

REUTERS

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

VIEW ALL

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here