November 14, 2018 11:55 CET
MADRID — PSA is seeking to eliminate a production shift at its factory in Vigo, Spain, to counter falling demand for its Peugeot 301 and Citroen C-Elysse models.
Sales of the two sedans in their main markets of Turkey and Argentina have dropped considerably and no improvement is expected in 2019, a plant spokesman said.
The production restructuring will affect up to 800 of the 6,000 workers at the plant, which also builds the C4 Picasso and Grand C4 Picasso cars, and light vans, according to Automotive News Europe’s Guide to European Assembly plants.
The two shifts currently build 196 cars a day, but management want to reduce production up to 40 percent.
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