COVID-19: Groupe PSA Decides to Close Its Plants in Europe
PEUGEOT SA (PUGOY)
NASDAQ:AMEX Investor Relations:
groupe-psa.com/en/finance/analysts-and-investors
Company Research
Source: Business Wire
RUEIL-MALMAISON, France--(BUSINESS WIRE)--Regulatory News:Groupe PSA (Paris:UG):Due to the acceleration observed in recent days of serious COVID-19 cases close to certain production sites, supply disruptions from major suppliers, as well as the sudden decline in the automobile markets, the Chairman of the Executive Board with the members of the crisis unit, decided the principle of the closure of the vehicle production sites, according to the following schedule and until March 27.March 16: Mulhouse (France), Madrid (Spain)March 17: Poissy, Rennes, Sochaux (France), Zaragoza (Spain), Eisenach, Rüsselsheim (Germany), Ellesmere Port (United Kingdom), Gliwice (Poland)March 18: Hordain (France), Vigo (Spain), Mangualde (Portugal)March 19: Luton (United Kingdom), Trnava (Slovakia)The closure of the mechanical sites will be adjusted accordingly.The site management teams will implement the site closure procedures locally, which will be done in coordination with the social partners.Groupe
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