--BMW should see a clear improvement in profit margins next year as supply chains stabilize, the car maker's production chief Milan Nedeljkovic said in an interview with Reuters, the news agency reports.

--Mr. Nedeljkovic said that undersupply and the need to re-plan production brought a certain turmoil and that he expects the shortage of semiconductors to continue to affect the auto maker until at least the middle of 2023, according to Reuters.

 

Full story: https://reut.rs/3TIFPWO

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

October 21, 2022 07:21 ET (11:21 GMT)

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