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Despite the global chip shortage, Opel parent company Stellantis has exceeded its own profitability targets for 2021, causing its stock to rise by more the 5%. However, the chip crisis and the high cost of raw materials remain an issue, CFO Richard Palmer said on Wednesday, adding that the group still sees potential, particularly in the US market. Last year, Stellantis achieved a profit margin of 11.8%. The group had forecast about 10%. Turnover rose by 14% to €152 billion ($172 billion). Due to the semiconductor shortage, the parent company of brands including Alfa Romeo, Chrysler, Citroën, F…