A car passes by signs of the PSA Peugeot Citroen plant in Aulnay-sous-Bois, north of Paris, in this photo dated Tuesday, June 19, 2012. French car maker PSA Peugeot Citroen unveils Thursday July, 12, ... more 
A car passes by signs of the PSA Peugeot Citroen plant in Aulnay-sous-Bois, north of Paris, in this photo dated Tuesday, June 19, 2012. French car maker PSA Peugeot Citroen unveils Thursday July, 12, 2012 cost-cutting measures that includes several thousand job-cuts. The maker of the popular Peugeot 207 hatchback is trying to save euro 1 billion ($1.2 billion) this year as it struggles to compete in Europe's fiercely competitive car market particularly amid a slump in sales in the recession-hit south of Europe.(AP Photo/Michel Euler) less 
1 / 28
Associated Press | Photo By Michel Euler
Thu, Jul 12, 2012 5:47 PM EDT