Suzuki Halts Production of Swift in Japan Due to Chinese Export Restrictions
The suspension, prompted by a lack of essential components, reflects broader disruptions in the automotive supply chain stemming from China's curtailment of rare earth exports.
Suzuki has announced the suspension of the production of its Swift subcompact car in Japan, attributing the decision to a shortage of parts caused by recent export restrictions imposed by China on rare earth materials.
Production was halted on May 26 due to this shortage, with initial plans for a resumption having been postponed multiple times.
According to company sources, partial production is expected to restart on June 13, with full production anticipated to resume after June 16, contingent on resolving the supply chain issues.
However, the company has refrained from commenting further on the reasons for the suspension.
China's decision in April to suspend exports of rare earth elements and associated magnets has disrupted critical supply chains for sectors such as automotive, aerospace, semiconductors, and defense manufacturers.
This disruption has prompted global automakers to issue warnings about potential production stoppages.
Several European auto parts manufacturers have already suspended their operations in response to the supply challenges.
In light of these challenges, Japan is reportedly planning to propose strengthened cooperation with the United States regarding rare earth supply chains in upcoming tariff negotiations, according to reports from local media.
Production was halted on May 26 due to this shortage, with initial plans for a resumption having been postponed multiple times.
According to company sources, partial production is expected to restart on June 13, with full production anticipated to resume after June 16, contingent on resolving the supply chain issues.
However, the company has refrained from commenting further on the reasons for the suspension.
China's decision in April to suspend exports of rare earth elements and associated magnets has disrupted critical supply chains for sectors such as automotive, aerospace, semiconductors, and defense manufacturers.
This disruption has prompted global automakers to issue warnings about potential production stoppages.
Several European auto parts manufacturers have already suspended their operations in response to the supply challenges.
In light of these challenges, Japan is reportedly planning to propose strengthened cooperation with the United States regarding rare earth supply chains in upcoming tariff negotiations, according to reports from local media.
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