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Nissan cuts production 30% through November on chip shortage

Fallout spreads as Honda scales back 10% at domestic plants

Nissan's plans to increase production in the second half of the year have been scuttled by the ongoing chip shortage. (Photo courtesy of Nissan)

TOKYO -- Nissan Motor will shrink planned global production for October and November by 30%, Nikkei learned Thursday, as the worldwide chip shortage persists.

The Japanese automaker recently informed suppliers of its updated plan to make 263,000 vehicles in October and 320,000 vehicles in November. Both numbers undershoot the previous outlook by 30%.

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