Global Auto Production at Risk
Automakers face production challenges due to a microchip shortage, with Honda cutting output of Civic sedans and CR-V SUVs by half.
Global auto production faces disruption as Nexperia chip export halt triggers shortages at Honda and other automakers.
Microchip Shortage
A shortage of basic microchips disrupts operations at Honda plants in North America, beginning this week.
- Honda has already cut production by half at its Alliston, Ontario assembly plant.
- Slowing output of Civic sedans and CR-V SUVs through early next week.
Nexperia, a Netherlands-based chipmaker, halted exports from China due to a geopolitical dispute involving the Dutch, Chinese, and U.S.
Nexperia's chips are widely utilized in systems such as locks, climate control, and speedometers.
Author's summary: Global auto production disrupted by microchip shortage.
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