PSA/Peugeot-Citroen may close an assembly line at its Mulhouse plant in eastern France unless production picks up to more profitable levels.
Tag Archives: France
October car sales fuel recovery hopes in Germany, France and Spain
New-car registrations rose in Germany, France and Spain in October, fueling hopes of a sustained recovery in the region’s market even though Italian vehicle sales were down.
EU still has 18 factories too many post PSA plant closing
PSA is shutting its plant in Aulnay, France as part of a plan to eliminate about 11,200 jobs in the country by 2015.
PSA reaches deal with unions to cut production costs
PSA/Peugeot-Citroen has reached a deal with labor leaders to reduce fixed costs at French factories, a key step as it looks for new partners to expand and shore up its finances.
Unions representing more than 60 percent of workers signed an agreement to freeze salaries in 2014 and reduce overtime pay in exchange for investment guarantees and new models, the Paris-based company said in a statement.
September French car sales winners are Renault, Fiat and Mercedes
French auto registrations rose 3 percent last month, led by Renault, Fiat and Mercedes-Benz, fueling hopes that auto demand may finally stabilize in one of the markets worst hit by Europe’s sustained slump.
