Coronavirus: McLaren to axe 1200 jobs

Coronavirus: McLaren to axe 1,200 jobs


Supercar manufacturer and F1 team McLaren is to axe 1,200 jobs due to the financial effects of coronavirus.
Aston Martin boss Andy Palmer may be ousted after losses

Aston Martin boss ousted after losses (updated)


Andy Palmer helped turn around Aston Martin's fortunes when he joined as Chief Executive in 2014 but has now lost his role.
Drive to reopen car dealerships

Drive to reopen car dealerships


The UK automotive industry is facing its most difficult choice during this pandemic crisis – how and how soon to open up new-car showrooms.
Renault could "disappear" along with Alpine model without financial aid, says minister

Renault needs financial help “very soon”


French carmaker Renault could disappear if it doesn’t receive financial assistance, according to the country’s finance minister.
Jaguar Land Rover back in production

Jaguar Land Rover back in production


After a period of shutdown, Jaguar Land Rover's manufacturing facility at Solihull has resumed production after instituting a range of measures.
Volkswagen faces criticism after racist ad

Volkswagen faces criticism after racist ad


Carmaker Volkswagen is facing harsh backlash after an advert it admitted was racist was published on its Instagram page.
Coronavirus: Fiat Chrysler seeks £5.6bn government-backed loan

Covid-19: FCA seeks £5.6bn government-backed loan


FCA Group is seeking a €6.3bn (£5.6bn) loan, backed by the Italian government, to bolster its finances during the coronavirus crisis.
Dyson electric car: First proper look at James Dyson's failed electric car as entrepreneur tops Sunday Times Rich List for first time

First proper look at Dyson's failed electric car


Dyson, 73, has revealed his doomed vehicle for the first time in an exclusive interview and photo for The Sunday Times Rich List.
McLaren to sell historic car collection to balance finances

McLaren may sell car collection to boost finances


Supercar manufacturer McLaren is considering mortgaging its Surrey HQ and selling a collection of vintage cars in order to protect its finances.
Coronavirus: car dealerships open for click-and-collect

Car dealerships open for click-and-collect


NEW GOVERNMENT advice will allow car dealerships in England to open for click-and-collect sales, although showrooms won't open until June.
Trump defends Elon Musk in Tesla reopening saga

Trump defends Elon Musk in Tesla reopening saga


President Trump has come to the defence Tesla CEO Elon Musk, who has re-opened the company's California plant against state orders.
Mercedes faces court action over "defeat devices"

Mercedes faces court action over 'defeat devices'


Lawyers have announced 500,000 Mercedes drivers may be eligible for compensation as the company faces court action over the "dieselgate" scandal.