RASTATT, Germany, June 4 (Reuters) - Mercedes-Benz
is talking to its top suppliers about building rare
earth stockpiles even though the carmaker has not seen any
impact from a shortage that has caused some suppliers to shut
down plants and production lines.
"We have learnt a lot from the semiconductor situation
in the automotive industry and are constantly ... looking at
what risk portfolio we still have in the supply chain," Joerg
Burzer, Mercedes-Benz's board member in charge of production
said.
"We are of course in constant dialogue with our
suppliers and of course we also discuss with them what the best
tool is for risk management and the topic of physical buffers
naturally plays a role here," he told journalists at a
roundtable.
Earlier on Wednesday, Europe's auto supplier association
CLEPA said several plants and production lines had been shut
down due to a shortage of rare earths caused by China imposing
restrictions on exports, warning of further outages to come.
Burzer said that while Mercedes-Benz was currently not
affected by the shortage it was closely monitoring the situation
and in constant dialogue with its tier 1, tier 2 and tier 3
suppliers to mitigate the situation.