Honda extends China plants suspension on chip shortage

Core Viewpoint - Honda Motor announced an extension of a production halt at three car plants in China by two weeks due to a semiconductor shortage, indicating ongoing supply chain challenges for the company [1] Company Summary - Honda Motor is facing persistent supply chain strains, particularly related to semiconductor availability, which has led to the decision to halt production at three facilities in China for an additional two weeks [1] Industry Summary - The automotive industry continues to experience significant disruptions due to semiconductor shortages, affecting major manufacturers like Honda Motor and highlighting the fragility of supply chains in the sector [1]