CHIP SHORTAGE LIKELY TO HAMPER MAZDA’S GLOBAL PRODUCTION IN FY 2021

Highlights –

• Chip shortage likely to hamper Mazda’s global production in FY 2021.
• Global production of car may be reduced to 100,000 vehicles a year.
• In April, Mazda expects an output cut of 14,000 vehicles.
• The automaker however plans to ship 1.14 million vehicles worldwide.

Japanese automaker, Mazda Motor Corp. on Friday announced that shortage ....