UK/ITALY: Plans to keep 206 at Ryton were over-ambitious, admits Folz
PSA Peugeot Citroen is in the last stages of agreeing with the unions at Ryton, Coventry, how much closure cash will be paid to the employees. But whatever the final figure is, it will be "more than would be paid under the conditions that apply in France," said Jean-Martin Folz, the CEO of PSA.
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