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03 Feb 2021 | 11:37

Mazda to cut global vehicle output by 34,000 over next two months

(Sharecast News) - Mazda Motor is set to cut its global car output by 34,000 in February and March due to a shortage of chips, sources told Reuters on Wednesday. Last week, Mazda was considering cutting output of models that include its CX-5 and CX-30 SUVs, as well as the Mazda 3 sedan, due to a shortage in the chips needed for its brake systems and safety components.

According to anonymous sources, the company was planning to reduce domestic output of the CX-5 by around 3,900 cars during the present month and that of SUVs by 6,000 in March.

A reduction in output in its home market, Japan, was also on the table, as well as in China and Mexico for the Mazda 3 and the CX-30 models, the sources told Reuters.

"We are expecting a (global) impact on our output in February," a Mazda spokesman said. "We continue to do our best to minimise the impact."

However, Mazda was not planning to idle the lines at its plants.
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