Japanese manufacturers halt production in Myanmar after coup

Japanese automaker Suzuki Motor Corp. and auto parts maker Denso Corp. said Tuesday they have halted production in Myanmar to ensure the safety of their employees following a military coup the previous day.The two companies said they stopped output of vehicles and auto parts, respectively, on Monday afternoon and have yet to decide when to resume production. Suzuki said a total of 400 employees work at its two factories in Yangon.Suzuki produced about 13,300 four-wheel vehicles and sold 13,200 units in 2019 in Myanmar, holding approximately a 60 percent market share for new car sales in the…READ FULL ARTICLE