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Honda cuts North American auto output in half due to parts shortage

Honda’s assembly plants in Canada will be part of a dramatic international slowdown by the Japanese automaker. The company says it will cut output at its six North American factories by 50 percent, starting Wednesday, November 2.

The big Japanese carmaker is suffering from a parts shortage due to flooding in Thailand.

Honda doesn’t plan any North American layoffs, but it will cancel all Saturday overtime work through November.

In Canada, Honda has major assembly and parts operations in Alliston, Ont., near Barrie.