SPY376.70-4.72 -1.24%
DIA309.58-3.41 -1.09%
IXIC12,723.47-274.28 -2.11%

BRIEF-Suzuki Motor Corp Exec: No Change Now To Plans To Start Operating New Myanmar Plant In September

· 02/05/2021 02:27
BRIEF-Suzuki Motor Corp Exec: No Change Now To Plans To Start Operating New Myanmar Plant In September

- Suzuki Motor Corp 7269.T Executive:

  • CHIP SHORTAGE IMPACT NOT TO EXTENT THAT COMPANY WOULD NEED TO HALT PLANTS

  • ADJUSTING OVERTIME WORK, HOLIDAY SHIFTS TO COPE WITH CHIP SHORTAGE

  • HAVE NOT HEARD ABOUT ANY APPROACH FROM APPLE ON ELECTRIC VEHICLE PRODUCTION

  • NO CHANGE NOW TO PLANS TO START OPERATING NEW MYANMAR PLANT IN SEPTEMBER

Further company coverage: 7269.T


(Reporting by Eimi Yamamitsu)

((eimi.yamamitsu@thomsonreuters.com;))