Peugeot to Close French Plant, Cut 3,600 More Jobs

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July 12 (Bloomberg) -- PSA Peugeot Citroen, Europe's second-biggest carmaker, will close one French factory, reduce output at another plant and eliminate another 3,600 jobs as the region's auto sales drop for a fifth straight year. Chad Thomas reports from Berlin on Bloomberg Television's "Countdown" with Mark Barton. (Source: Bloomberg)