Benzinga | Apr 5, 2021 01:35PM EDT

Subaru Shuts Auto Plant Temporarily Following Global Chip Crunch: Reuters

* Japanese automaker Subaru Corp (OTC: FUJHF) will shut down its Yajima plant between April 10 and 27 due to the global chip crisis, jeopardizing 10,000 vehicles, Reuters reports.

* The production will resume from May 10.

* The company was yet to ascertain the impact of the production halt on its financial results.

* The plant is credited for manufacturing its famous models, including the Legacy sedan and Forester SUV.

* Price action: FUJHF shares traded higher by 0.63% at $19.88 on the last check Monday.