More job cuts, plant closures on the horizon for PSA

French vehicle manufacturing group PSA Peugeot Citroen will seek to downsize more plants at home in a move aimed at further reducing domestic production capacity. PSA, along with other vehicle manufacturers in Europe, is struggling with overcapacity. The company's Chief Executive Philippe Varin will take this matter of downsizing to Subscribe to Automotive World to … Continued

• By Webmaster
• September 11, 2013