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PSA, Dongfeng to drop two China auto plants, halve workforce - reports

Monday, August 12, 2019 - 01:03

Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world's largest auto market loses steam. Ciara Lee reports

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Peugeot maker PSA Group and partner Dongfeng Group have agreed to cut thousands of jobs in China and drop two of their four shared assembly plants, according to a document seen by Reuters, in a last-ditch bid to curb mounting losses as the world's largest auto market loses steam. Ciara Lee reports

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PSA, Dongfeng to drop two China auto plants, halve workforce - reports

Monday, August 12, 2019 - 01:03