Mitsubishi cuts output by another 16,000 vehicles on chip crunch
2021-04-25 12:05:46 [Print]
Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors.
The automaker previously said it would cut production by 4,000 vehicles in Japan during March, then by 7,500 across Japan and Thailand in April.
Mitsubishi produced nearly 1.34 million vehicles in fiscal 2019 . The upcoming cuts amount to roughly 14% of its average monthly output.
The automaker previously said it would cut production by 4,000 vehicles in Japan during March, then by 7,500 across Japan and Thailand in April.
Mitsubishi produced nearly 1.34 million vehicles in fiscal 2019 . The upcoming cuts amount to roughly 14% of its average monthly output.