Peugeot-Citroen and its partner Dongfeng will halve their workforce, slash production capacity as China car sales plunge

/Peugeot-Citroen and its partner Dongfeng will halve their workforce, slash production capacity as China car sales plunge

Peugeot-Citroen and its partner Dongfeng will halve their workforce, slash production capacity as China car sales plunge

PSA Peugeot Citroen and its Chinese partner Dongfeng Group will slash their workforce and shut two production facilities in China, scaling back their capacity after sales in the world’s largest automotive market shrank for the 13th consecutive month in July.Dongfeng Peugeot Citroen Automobiles (DPCA), the French carmaker’s venture with China’s third-largest automotive company, will halve their Chinese workforce to 4,000 staff by 2022, and sell two of their four factories, according to two…

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By | 2019-08-12T12:00:17+00:00 August 12th, 2019|Uncategorized|Comments Off on Peugeot-Citroen and its partner Dongfeng will halve their workforce, slash production capacity as China car sales plunge