Honda halts production at Mexico plant over chip shortage

Honda Motor Co. said Wednesday it has halted operations at a vehicle production plant in Mexico after a shortage of automotive semiconductors stemming from tensions between the Netherlands and China over a Chinese chipmaker.It marks the first confirmed case of the dispute impacting a Japanese automaker. Honda has also begun adjusting production in the United States and Canada, with reduced output in the North American market -- its main source of profits -- potentially dealing a blow to its business performance.The idled Celaya Auto Plant in central Mexico, which manufactures models such as…READ FULL ARTICLE