Reported 2 days ago
Suzuki Motor has suspended production of its Swift subcompact car due to China's recent restrictions on rare earth exports, marking the first instance of a Japanese automaker being impacted by these curbs. The company halted production on May 26, with plans for a partial restart on June 13 and full resumption after June 16, as the supply situation improves. The situation has raised concerns among global automakers, prompting discussions about strengthening rare earth supply chains between Japan and the United States.
Source: YAHOO