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Market Movers: Auto industry struggles over chip shortage
02:09
Europe
Market Movers: Auto industry struggles over chip shortage
In Europe, companies such as Volkswagen posted strong results for the first quarter, as operating profit before special items hit $541M. Things are not looking any better on the other side of the pond. In the US, the global shortage in semiconductor chips has been wreaking havoc on profits. #AutoIndustry #ChipShortage #Earnings
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