French Peugeot workers descend on the company's headquarters in Paris to demonstrate against plans to close a major plant, at the expense of 8,000 jobs.<br/> <br />The ailing PSA Peugeot Citroen car group is shutting down the Aulnay plant - just north of the capital - as part of a restructuring plan.<br/> <br />The company's Chief Executive Office said the closure is going ahead.<br/> <br />(SOUNDBITE) (French) PSA CHIEF EXECUTIVE PHILIPPE VARIN:<br/> <br />"The closure will take place. A total of 8,000 jobs are concerned. But as we have said since the start: we attach a great importance to the reduction of the social impact."<br/> <br />The car group is facing troubles on the financial markets, with at least four leading brokers cutting their forecasts for the company's share price.<br/> <br />Competitor Ford is paring down it European operations to stem losses - at least four thousand jobs are going.
