Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Japanese auto manufacturer Subaru Corporation will temporarily halt vehicle production at its Yajima plant located in Japan’s Gunma Manufacturing Plant prefecture due to a shortage of semiconductor chips, the company said in a statement on Monday.  

The company said that the operations at the plant will remain shut from April 10 to April 27 to adjust production plans as it is facing disruptions in the supply of certain parts that use semiconductor chips.

Few of the production lines are expected to resume operations from April 21, however, all the other production lines will resume operations from May 10, 2021, onwards.

The company informed that its main automobile plant and the Oizumi plant will continue operations during the said period.

The company added that the impact on the group’s financial results is uncertain.

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