Chip and container shortages force Subaru to cut annual production plan

FILE PHOTO: A Subaru logo is displayed at the Tokyo Motor Show, in Tokyo, Japan October 23, 2019. REUTERS/Soe Zeya Tun/File Photo

TOKYO (Reuters) - Japanese automaker Subaru Corp has cut its production plan for this fiscal year by around 58,000 vehicles, mainly due to a global chip shortage, it said on Friday.

While the automaker expects the impact of the shortage to continue into the next fiscal year, which begins on Apr. 1, it is unclear how many vehicles will be affected, Chief Financial Officer Toshiaki Okada said.