Mazda asks suppliers to produce more in Japan and less in China.
Auto Business News-August 12, 2022--Mazda asks suppliers to produce more in Japan and less in China
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Auto Business News - 12 August 2022
Mazda Motor Corporation (TYO: 7261), a Japan-based automaker, is asking its suppliers to manufacture more in Japan and less in China.
The automaker is taking this step after experiencing considerable disruption to parts supply from Chinese companies effected by COVID-19 lockdowns in 2022.
Reuters has reported citing Takeshi Mukai, Mazda's senior managing executive officer, that the automaker is aiming at higher domestic inventories and is looking at diversification of production...
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