📊Executive Summary

GAC Honda's production restart in China has been delayed due to a semiconductor shortage, pushing the expected restart date from January 5 to January 19, 2026. This delay follows an earlier suspension that was set for December 29, 2025, to January 2, 2026. The company is facing tight chip inventories, particularly due to Nexperia pausing shipments. This situation has already led to reduced output of core models in North America and is expected to impact Honda's operating profit by approximately 150 billion yen for the fiscal year ending March 2026. The article highlights the ongoing challenges in the semiconductor supply chain affecting automotive production....