Earlier this week, car suppliers warned of the consequences of export restrictions that China imposed on. The Suzuki Swift already seems to be the victim of that.
There is a chance that large production problems arise in the car industry due to export restrictions imposed by China. The first signs are already visible. According to Reuters, the production of the Suzuki Swift is stopping. The work would have been stopped on 26 May due to a shortage of parts. From June 16, it could only be produced at full force again.
Specifically the export restrictions around rare earth metals from China would be the basis of it. The production of the Swift, in India, is in a sense still a bit of a far-from-us-bed show, but there are also worries in Europe. The VDA (connection of the motor industry) foreseen great risks for the European car industry if this continues.
Auto Suppliers WarNed Earlier This Week About The Consquences of Export Restrictions Imposed by China. The Suzuki Swift Already Seems to Be A Victim of This.
There is a possibility that export restrictions imposed by China Will Cause Major Production Problems in the Automotive Industry. The first signs of this are already Becoming Visible. Accordance to Reuters , Production of the Suzuki Swift Has Been Halted. Work was Reportedly Halted on May 26 due to a shortage of parts. Full Production is not expected to resume until June 16.
Specifically, Export Restrictions on Rare Earth Metals From China Are Said to Be The Cause. The Production of the Swift, in India, is Still A Bit of a Far-From-ER-BED Show, But There Are Also so-called Concerns in Europe. The VDA (connection of the motor industry) Anticipates major Risks for the European Automotive Industry if this continues.