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PSA Peugeot-Citroen: Factory closures & 8,000 job losses planned

PSA Peugeot Citroen has revealed it is to close one factory, cut job numbers elsewhere and shed a total of 8,000 jobs as demand for its cars dwindles. When we reported last year that Peugeot Citroen were planning to idle their plant in Trnava, Western Slovakia we said that this was just the tip of the iceberg for Peugeot Citroen, and that they would have to take far more drastic action if they were to survive. They must have been listening.

GM to invest $2 billion in 17 plants

General Motors said Tuesday that it will invest about $2 billion in 17 plants across eight states in the United States. "We are doing this because we are confident about demand for our vehicles and the economy," GM CEO Dan Akerson said in a statement. Akerson made the announcement at GM's transmission plant in Toledo, along with Ohio Gov.

'Super salesman' calls time on 100,000-sale career

A SO-CALLED ‘super salesman’ is calling time on his career after notching up an incredible 100,000 car sales over half a century. Ken Searle, who works for Benfield Motor Group in the North East, started with British Leyland before moving to a new team selling Datsun cars when they first arrived in Britain. A proud Ken said: “I’ve loved every minute of my career and I wouldn’t have changed a thing.