Mazda will cut car production by 7,000 units in February due to chip shortages
Japanese automaker Mazda Motor Corp said on Thursday that chip shortages would cut car production by at least 7,000 in February.
Last week, Mazda considered cutting global production by 34,000 vehicles in February and March due to chip shortages, two sources familiar with the matter said Wednesday.
Semiconductor shortages, which in some cases have been exacerbated by the actions of the former US administration against chip factories in China, are now forcing global automakers to cut production and close assembly lines.
Earlier today, General Motors announced the halt of three auto plants in North America at once, saying that the reason for the shutdown would be a shortage of chips.