Chip shortage puts brakes on July auto production

Most of Japan's major automakers say they produced fewer vehicles last month. They cite a global semiconductor shortage and the impact of the coronavirus in Southeast Asia as major headwinds.

The eight manufacturers on Monday released their global production figures for July.

Five reported declines from the same month last year. Honda's output fell 23 percent. Production decreased 20 percent for Mazda, 18 percent for Subaru, 16 percent for Nissan, and 4 percent for Daihatsu.

Production faltered as they struggled to procure semiconductors.

The others turned out more vehicles during the year on year period. Production at Mitsubishi Motors was up 51 percent, 15 percent at Suzuki, and 11 percent at Toyota.

Honda suspended operation at one of its plants in Japan in August. Toyota has decided to shave global production by about 360,000 vehicles in September.