Tag Archives: factories at risk of closure

PSA, Honda have factories at risk of closure

A number of car factories are at risk of closure because of overcapacity in the European auto industry. PSA/Peugeot-Citroen’s factory in Rennes, France, and Honda’s plant in Gebze, Turkey, are highest on the list, according to France-based research firm Inovev, which estimates that each plant’s capacity usage was below 30 percent last year.