Honda's factory in China has delayed resuming operations; chip shortages are impacting sales.

Honda has once again postponed the resumption of operations at its factories in China due to a semiconductor shortage. As a result, Honda has lowered its global vehicle sales target for fiscal year 2026 from 3.62 million to 3.34 million vehicles. The chip shortage has become a major challenge for automakers worldwide, leading to production cuts and shutdowns at several companies.