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BMW could face raw materials hit of over $1.2B, CFO says

BMW hq Munich rtrs web.jpg
(Michaela Rehle/REUTERS)
R
By:
Reuters
May 07, 2021 10:13 AM

LONDON -- Rising raw material prices, in particular for rhodium, palladium and steel, could cost BMW an additional 1 billion euros ($1.21 billion) in 2021.

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