(Adds market reaction) MILAN/FRANKFURT, May 22 (Reuters) - Shares in Italian industrial group Fiat briefly fell more than 7 percent to a two-month low on Monday, leading European carmaker stocks down as investors took profits and reduced risk exposure. UBS analysts said in a research note that carmakers faced a "triple whammy" of a weak dollar, reliance on emerging markets for sales growth, and rising raw material prices. "We believe there could be further downside in a number of names ...
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