Honda halts production at Mexico plant amid chip shortage
AI Summary
Honda Motor has halted production at its Celaya Auto Plant in Mexico due to a semiconductor shortage linked to supply disruptions from Nexperia, a Chinese chipmaker based in the Netherlands. The plant, which produces HR-V multipurpose SUVs and exported over 190,000 vehicles last year primarily to North America, ceased operations on Tuesday. Honda had already reduced output at its plants in the United States and Canada starting Monday. The supply issues stem from U.S.-China trade tensions and Chinese export regulations imposed on Nexperia's products manufactured within China. While Honda is making arrangements to resume production, the timing remains unclear. Nissan Motor is also conducting a survey among auto parts makers regarding potential impacts but has not confirmed any issues yet.
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