BRATISLAVA Jan 28 France's carmaker PSA Peugeot
Citroen halted production in Slovakia for the day on
Monday and will add another four stoppage days next month in
response to weak demand across Europe, the Slovak unit said.
Peugeot, which is cutting some 10,000 jobs and closing a
domestic plant in France, is one of the key exporters in the
central European country where growth is driven almost solely by
the automotive production.
The carmaker, operating an assembly plant in the western
Slovak town of Trnava where it makes the Peugeot 207 and Citroen
C3 Picasso models, still expects production in Slovakia this
year to exceed the 2012 output of almost 215,000 cars.
"Demand for new cars in Europe is continuously falling.
Decreasing trends in sales transform into production cuts by
several carmakers," PSA Peugeot Citroen Slovakia wrote in an
The Trnava plant has an annual production capacity of
The euro zone country's automotive industry is centred
around assembly plants of Germany's Volkswagen,
South Korea's Kia Motors Corp. and Peugeot.
Any production disruption in the sector could have a
significant impact on the economy's performance, expected by the
finance ministry to slow its expansion to 2.1 percent in 2013
from 2.5 percent this year on waning demand for its exports.
(Reporting by Martin Santa; Editing by Mike Nesbit)