Peugeot Citroen Job Cuts

The French automotive group Peugeot Citroen is slashing 6000 jobs as revenue fell by 1.6pc in the third quarter. A group spokesman maintained their “strategy of becoming more global and moving upmarket remains more valid than ever”. Citroen launched their DS range to almost universal acclaim and cheap car and van leasing and contract hire deals remain available across the range.

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