Peugeot Citroën cuts 8,000 jobs
PEUGEOT Citroën - the No1 French car-maker - is to cut 8,000 jobs and close its factory at Aulnay-sous-Bois in 2014.
PSA Peugeot Citroen cut its full-year operating margin target on Friday and said it planned to make ''massive'' production cuts in the fourth quarter after posting a 5.2 per cent fall in third quarter sales.