Friday, November 5, 2021

Honda profit falls 30% as chip crunch hits production and sales

Honda expects the global microchip crisis to begin easing in early 2022, but not in time for the company to recover fully by the end of the current fiscal year. “The impact was greater than previous forecast,” Executive Vice President Seiji Kuraishi said.



from Section Page News - Automotive News https://ift.tt/2ZWDdOo

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