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Stellantis says chip shortage caused 11% cut in Q1 output; revenue rose 14%

STELLANTIS-rtrs web_0.jpg
(MASSIMO PINCA/REUTERS)
Wr
By:
Wire reports
May 05, 2021 06:52 AM

MILAN -- Stellantis, the new auto group formed from the merger of Fiat Chrysler Automobiles and PSA Group, said first-quarter revenue rose 14 per cent to 37 billion euros (US$44.5 billion).

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