JAPANESE AUTOMAKER SUBARU CORP.’S CHIP SHORTAGE LEADS TO HALT DOMESTIC PRODUCTION

Highlights –

• Japanese automaker Subaru Corp.’s chip shortage leads to halt domestic production.
• Subaru is said to halt output at its assembly and engine factories in Gunma Prefecture.
• Subaru manufactures about 700,000 vehicles annually at the Gunma plants.
• Toyota Motor Corp. and Nissan Motor Co. have also decided to reduce output.

The Japanese aut....