Wednesday, May 23, 2007
PSA to cut jobs and costs and boost sales
PSA PEUGEOT Citroen is to cut 4,800 jobs, voluntarily, in France this year and is looking for a 30% reduction in overheads by 2010.
Shareholders attending the group's AGM today, were told that product and service quality must be upgraded to the standard of the best-ranked competitors. Among the action plans being implemented are a new design process; working with suppliers; sharing best practices between Peugeot and Citroën; and reorganising and pooling customer service processes. The objective is to cut incident count and warranty costs in half by 2010.
DATED: 23.05.07
FEED: AW
Shareholders attending the group's AGM today, were told that product and service quality must be upgraded to the standard of the best-ranked competitors. Among the action plans being implemented are a new design process; working with suppliers; sharing best practices between Peugeot and Citroën; and reorganising and pooling customer service processes. The objective is to cut incident count and warranty costs in half by 2010.
DATED: 23.05.07
FEED: AW
