Employees of PSA will temporarily leave Aulnay

Pour prendre sa d?cision, Moody's va examiner dans les d?tails les r?sultats du groupe, ?valuer ses efforts de restructuration.

"It is a measure that is the object of consensus between the majority of the unions and management," said for its part a PSA spokesman, confirming the result of polling organised the opportunity r a Committee central (IAC) organised Parisian ge SI of the automotive group.

SCHEDULE PR CIPIT

The Aulnay plant, with closing compl te e programm for June 2014, is the judgment since Wednesday after several weeks of production in dribs and drabs. Face tensions between vists and non-gr vists gr, the Ministry of labour has d cid Thursday to appoint a mediator m to try and y r establish calm and dialogue.

Plan social hired by PSA to reduce its co ts and adjust its structures the decrease of car march European pr sees half of the 3,000 employees of Aulnay be transf r s permanently on the neighbouring site of Poissy, also r Paris region. These shares (d), that should be the end of the year subject to a voluntary market d should result the passage of the factory in a single team, antechamber of a judgment (final d) of production.

The locking facility of the transfers could pr jump this calendar. PRI said if the question of closure e 550,000 of the site had t e first in e morning at CCE, one of the sources has answered 'no' r. Aulnay, will be the first automotive assembly plant closed its doors in France since the judgment of the Renault Billancourt site over twenty years ago.

IN THE LINE OF SIGHT OF MOODY's

In addition, Moody's Investors Service rating agency announced that it was considering lowering the solvency financial of the automaker PSA Peugeot Citro n, in regard to his bad results r financial in 2012. Moody's says tre train r review note "Ba3" which currently PSA, to lower it a notch. This decision d is due, according to it, the historic loss of 5 billion euros e registered year last by PSA and the morosit of the automobile market in Europe.

To take its decision, Moody's will examine in detail d results group and evaluate its restructuring efforts. It will notably take into account the adjustments of costs and the impact of the launch of new products and synergies that will generate its cooperation with General Motors medium and long term, d size agency.

It will lower the note if it leads to the conclusion that the rehabilitation of the divorce will be unlikely, or PSA does not stabilize its share of march in Europe with the new mod the. Moody's pr comes on the other hand it is little probable that rel ve notes. The rival of Moody's, Standard and Poor's, she d grad Thursday of a debt rating notch long-term of PSA, "BB" - accompanied by a perspective n negative.

Read also: after a historic loss, esp re PSA bounce (s subscriber link)

Director d partemental of the work of the Seine-Saint-Denis, Marc Leray, has started receiving Friday the PSA of Aulnay-sous-Bois factory unions with mission to "resume dialogue", according to these organizations. It must also receive d purpose Apr afternoon the site management. Mr Leray held pr clarify his interlocutors that he intervene not in the negotiations on the social plan n, while the vists r gr claimed to re-open these discussions.

"It is z ro point," batteries Jean-Pierre Mercier, d l gu CGT Union, which has launched crippling ve gr factory since 16 January. "This is m me not a mediator m, he does not want to talk about social", how there lambasting "completely irresponsible attitude of the public authorities, which are c t the direction to leave the situation to rot, prolong the conflict". "I esp re Mr Leray va r succeed bring a normal functioning of the plant and especially as internal security physical and moral non gr vists is e Ashur", has advanced his c t Tanja Sussest, SIA Union, prior to his appointment.

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