Automakers

Stellantis CEO says easing chip crunch could reduce pricing power

Stellantis
(Rebecca Cook/REUTERS)
R
By:
Reuters
July 28, 2022 06:43 AM

MILAN -- Stellantis posted record results for the first half thanks to strong pricing and high-margin vehicle sales, but rising production as the chip shortage eases could hit the industry's ability to raise prices in 2023, CEO Carlos Tavares warned.

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