Friday, November 5, 2021

Honda lowers profit outlook for a second time amid chip shortage

Honda lowers profit outlook for a second time amid chip shortage Like other automakers, Honda#39;s production plans have been hit by the chip shortage, with global output in September falling 30 percent from a year ago, even as demand in key markets, such as China rebounds from a pandemic slump.

from Moneycontrol Business News https://ift.tt/3mMKg5h

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