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.
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Psa plans ``massive'' production cuts
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French auto supply industry sheds up to 17,000 jobs
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Rolls-Royce plans to cut up to 2,000 jobs
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ThyssenKrupp to cut more than 3,000 jobs:
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FBR says tablet production being cut
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Prices of petroleum products slashed
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France cuts trade deficit in November
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Indian Oil Corp cuts petrol prices by 4.5%
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Global economic turmoil continues to impact on vehicle sales
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Porsche cuts production
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Toyota to swing back to profit
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CO2 emissions from new cars in the EU dropped by 5% last year
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PSA Peugeot Citroën welcomes the €3 billion loan from the French State
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Toyota slashes earnings forecast
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Renault will reduce inventory level
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CAMI to slash output by more than half
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Peugeot Citroen may build cars in India with GM