TOKYO — Toyota, Nissan, Honda, and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a Renesas Electronics automotive chip plant that could aggravate a global semiconductor shortage.
“We are gathering information and trying to see if this will affect us or not,” a Honda spokesman said. Other carmakers including Toyota and Nissan said they too were assessing the situation.
The effect on car makers could spread beyond Japan to other auto companies in Europe and the United States because Renesas has around 30% global share of microcontroller unit chips used in cars.
Renesas said it will take at least a month to restart production on a …
Keep on reading: Japan car makers scramble to assess impact of Renesas auto chip-plant fire