Chip shortage hits Japan's auto production

Japanese automakers have released their latest production figures, showing a drop in domestic production in February due to the global semiconductor chip shortage.

Honda reported a 33.6-percent decrease from a year earlier, while Subaru logged a drop of 34.2 percent.

Semiconductor chips are used in cars to control things such as power brakes. Disruptions to the global supply chain have forced automakers to change production plans.

Honda shut down the production line at a key factory for five days.

Toyota reduced production in Japan by 7.5 percent in February. That month, an earthquake in northeastern Japan affected key suppliers to Toyota.

There are concerns that a fire in March at Japanese chipmaker Renesas Electronics' factory will force automakers to further cut production.