Morocco, Peugeot agree on $632M investment for car factory
Manufacturing facility will produce up to 200,000 vehicles annually for the African and Middle East markets.
Workers block production at Peugeot Citroen plant to protest layoffs
Struggling French automaker is cutting 8,000 jobs and closing the Aulnay-sous-Bois factory.
Peugeot Citroen, GM unveil vehicles they’ll make as new alliance
GM puts its 7% stake in French automaker to work to cut costs and turn around business in Europe.
GM, Peugeot reveal alliance plans
Automakers will make a small van and develop mid-size cars to boost European business.
French finance minister moves to reduce Peugeot layoffs
The struggling automaker announced it would cut 8,000 jobs last week in an effort to cut costs by almost $2 billion.
Struggling Peugeot-Citroen cuts 8,000 French jobs, shutters plant
Job cuts and plant closure part of a restructuring plan to save $1.9 billion a year.
GM, Peugeot partner in Europe
GM takes a 7% stake in the French automaker to push combined purchasing power to $125 billion