German auto industry risks production halts over Chinese rare earth export restric
Investing.com -- Germany’s automobile industry could face production delays and potential outages due to China’s export restrictions on rare earths alloys, mixtures, and magnets, according to a warning issued by the German auto lobby, VDA. The lobby’s head, Hildegard Mueller, highlighted the severity of the issue in a statement on Tuesday, citing slow export license approvals and customs clearance delays as the primary causes of the problem.