Suzuki halts Swift production in Japan as China curbs rare earth exports
BUSINESS-STANDARD.COM
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SUMMARY

Suzuki Motor has suspended production of most Swift compact car models in Japan due to a parts shortage linked to China’s rare earth export restrictions. The shutdown began on May 26 and is expected to last until June 6, although Suzuki hasn't officially confirmed the reason.

China supplies about 70% of global rare earth metals, which are essential for electric and hybrid vehicles. Other automakers, including Ford and BMW, are also facing delays.

India plans to send a delegation to China to expedite rare earth mineral shipments crucial for its automotive industry.

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