Suzuki Drops on Report Rare Earths Curbs Hit Car Production
Suzuki Motor Corp. shares extended a slump after the automaker halted production of a popular car model, with local media reporting China's export restrictions on rare earths are behind the disruption.
The automaker said it's stopped output of the Swift between May 26 and June 12 due a parts shortage. Some production will resume from June 13 with a full return to normal from June 16, it said.
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