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Tag: auto market loses

Industry Focus Areas, Motorized Vehicle

PSA, Dongfeng to drop 2 China plants, halve workforce, report says

August 12, 2019

Via: Automotive News

BEIJING/PARIS — PSA Group and partner Dongfeng Motor 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 […]