Maruti Suzuki, India flags rare earth magnet uncertainty, weak small car sales
In its annual report for FY 2024-25, Maruti Suzuki India (MSIL) announced that a recent Chinese requirement for export licenses on rare earth magnets has created new uncertainty for the auto industry. MSIL reported no production losses so far and hopes export licenses will be issued soon.
The company also pointed to ....
The company also pointed to ....
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