Description: Toyota Motor Corp. and Honda Motor Co. Ltd. announced on Wednesday new North American production cuts, citing supply chain issues that have wreaked havoc with the auto industry.
Source: CBC.ca
Date: Mar 19, 2021
Link: https://www.cbc.ca/news/business/honda-toyota-production-cut-1.5954648
Questions for discussion:
- What does the report suggest is the nature of global supply management problems and their impact on manufacturing?
- Is there a solution, better than shutting down operations?