PSA Peugeot Citroen will be extending forced holiday leave for 2,600 workers in Brazil for thirty days.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The move reflects high stocks and a weak market, the Estado newswire reported.


Peugeot managed to sell 1.3% more vehicles in December in comparison to November sales, due to government tax breaks that benefited consumers with lower prices on new cars. But sales were down 26.6% on the year, with expectations for relatively flat sales for carmakers in 2009.


A number of auto sector firms have announced workforce reductions in Brazil this week, including GM and Magneti Marelli.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now