Auto Industry, Psa Peugeot Citroen | featured news

Peugeot cuts 8,000 jobs to end losses, shuts plant

French automaker PSA Peugeot Citroen announced 8,000 job cuts and the closure of an assembly plant as it struggles with mounting losses, in a move that could hasten a wave of restructuring in western Europe.

 

GM and Peugeot announce alliance

General Motors and PSA Peugeot Citroen announce a global alliance that will see them develop cars together.

 

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