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Investing.com -- Mercedes-Benz (OTC:MBGAF) has not experienced any disruption to its production due to limited raw material exports from China, according to a senior executive at the German luxury carmaker.
Joerg Burzer, head of production at Mercedes-Benz, told reporters on Monday that while the company remains vigilant about potential supply chain risks, particularly regarding rare earth shortages, no issues have materialized so far.
"There’s been no incident so far - I expect it will stay that way," Burzer said. He added that the automaker maintains a clear understanding of its supply chain exposure and stands ready to take action if necessary.
The statement comes amid broader industry concerns about access to critical materials from China, which is a major global supplier of rare earth elements used in automotive manufacturing.
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