Unions and workers at the Ryton plant near Coventry are meeting today to thrash out their response to Peugeot's announcement to close their plant with the loss of 2,300 jobs.
But the economics of car making are not in their favour. Production at Ryton is understood to cost some €450 (£350) per car more than at PSA Peugeot Citroen's plant at Poissy in France and almost €1,000 (£689) above the production cost at its joint venture factory with Toyota in the Czech Republic.
Moreover, workers at Ryton must have been aware that PSA's decision to begin production of the Peugeot 207 at a plant in Slovakia later this year posed a threat.
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