TOKYO -- Nissan Motor and Honda Motor on Tuesday both acknowledged heavy burdens to their businesses triggered by semiconductor shortages, with both Japanese car companies cutting their estimates for vehicle sales this fiscal year.
Automobiles
Nissan and Honda fear fallout from chip crunch
Japanese carmakers expect sales hit even as cost cuts help bottom line
Nissan and Honda expect the semiconductor shortages to be resolved by around the middle of this year. (Source photos by Getty Images)
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