COVID-19: Groupe PSA Decides to Close Its Plants in Europe

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 PSA remind that until then, compliance with the barrier measures, going beyond the recommendations of the health authorities on the sites, are the best protection to prevent the spread of the virus.

About Groupe PSA

Groupe PSA designs unique automotive experiences and delivers mobility solutions to meet all customer expectations. The Group has five car brands, Peugeot, Citroën, DS, Opel and Vauxhall, and provides a wide array of mobility and smart services under the Free2Move brand. Its ‘Push to Pass’ strategic plan represents a first step towards the achievement of the Group’s vision to be “a global carmaker with cutting-edge efficiency and a leading mobility provider sustaining lifetime customer relationships”. An early innovator in the field of autonomous and connected cars, Groupe PSA is also involved in financing activities through Banque PSA Finance and in automotive equipment via Faurecia.

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