Suzuki Motor Corporation has suspended production of its popular Swift subcompact car due to a shortage of components linked to China’s recent export restrictions on rare earth materials, according to two sources familiar with the matter.
This makes Suzuki the first Japanese automaker directly impacted by the curbs. Production of the Swift, excluding the Swift Sport variant, was halted on May 26. The automaker initially cited a parts shortage but did not disclose further details.
Restart plans have been delayed multiple times, though Suzuki now anticipates a partial resumption on June 13 and full operations after June 16. In a statement, the company said the outlook for parts supply had “become clearer.”
While Suzuki has not officially commented on the cause of the disruption, insiders say the suspension is tied to China’s April decision to halt exports of a broad range of rare earths and related magnets. The move has disrupted global supply chains across industries, including automotive, aerospace, semiconductors, and defense.
The growing supply chain strain has already led to production suspensions at some European auto parts facilities. Mercedes-Benz is reportedly exploring measures to shield itself from rare earth shortages.
Meanwhile, Japan is preparing to propose enhanced cooperation with the United States on rare earth supply chains during upcoming tariff discussions, according to the Nikkei business daily, which was the first to report on the Swift production issue.
Via: Rueters
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Very sad news