Mexico Gas Squeeze Forces Japanese Automakers to Halt Production
- Toyota, Nissan and Honda to temporarily scale back operations
- Output also affected by earthquake, weather and chip shortage
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Japan’s three biggest automakers are halting some operations in Mexico amid a shortage of natural gas in the country due to the winter storm in North America, spokespeople for the companies said Friday.
Mexico is grappling with the shortage after a cold front affected exports from Texas, prompting authorities to ask automakers and other industries to reduce their consumption of natural gas. The halts by Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. follow similar moves by Volkswagen AG, which said Thursday it is stopping production of three car models.