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Subaru plans to reduce production by 48,000 vehicles this year due to chip shortage, Auto News, ET Auto

Subaru plans to reduce production by 48,000 vehicles this year due to chip shortage, Auto News, ET Auto

by admin
February 5, 2021
in Auto News
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Subaru plans to reduce production by 48,000 vehicles this year due to chip shortage
TOKYO:Subaru Corp stated on Friday it has minimize its manufacturing plan this fiscal yr by round 48,000 automobiles as a consequence of a worldwide chip scarcity.

Whereas the automaker undoubtedly sees the affect of the chip crunch persevering with into the subsequent fiscal yr, it’s unclear what number of automobiles will likely be affected, Subaru chief monetary officer Toshiaki Okada stated.

The automaker might additionally probably droop or alter plant operations in future if it can’t procure chips, he stated in a post-earnings name.

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Tags: AutochipdueNewsplansproductionreduceshortageSubaruvehiclesYear

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