French carmaker PSA sets up fund for staff and new health check measures

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PSA said it was creating the fund, ensuring the full compensation to all employees working in France during this period of partial activity due to the coronavirus.

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

This week, PSA secured a further 3 billion euros ($3.3 billion) in loans.