Automakers

Stellantis boosts revenue 12% despite chip crunch

Stellantis
(Pascal Rossignol/REUTERS)
Sa
By:
Staff and wire reports
May 05, 2022 06:06 AM

MILAN -- Stellantis said sales rose in the first quarter, supported by strong pricing and a strong vehicle mix, and also by favorable exchange-rate effects, but it sees only a partial recovery in microchip supply issues this year.

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