PSA sets up fund for staff, health check measures due to coronavirus

by SpeedLux
Peugeot e-208 GT

French automaker and Peugeot owner PSA stated on Wednesday the creation of a solidarity fund to assist workers affected by the closures of plants because of the coronavirus outbreak, and new steps to protect the health of its workers.

PSA stated it was forming the fund, ensuring the full compensation to every employee working in France during this period of partial activity because of the coronavirus.

It will be funded through reduction of two days of holidays from managers, one day from workers and by a contribution from the company, said PSA.

This week, PSA secured an additional 3 billion euros ($3.3 billion) in loans.

Coronavirus has so far infected more than 1,601,018 people and killed more than 95,718 people worldwide. In France, it has killed 12,210 and infected over 86,334 people.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More