Britain's financial regulator has warned that any compensation paid out in the wake of motor finance commissions scandal can not be allowed to result in corporate bankruptcies.

The Japanese car maker is planning to cut 15% of its workforce as part of a major restructuring drive. It is unclear if the Sunderland factory (pictured) is impacted.

Consumers are angry at Tesla boss Elon Musk's role in Donald Trump's administration and have been boycotting the electric car firm.

The car industry was rocked when Trump announced a 25% charge on vehicle and part imports in a bid to ramp up domestic manufacturing.

Electric vehicle charging point maker Pod Point looks set to be sold to EDF after a sharp slowdown in demand hurt sales last year.

To try and spur domestic motor manufacturing, President Donald Trump imposed a 25 per cent tax three weeks ago on US auto imports.

Shares in the group have plunged by a third this year as orders for its electric vehicles have plummeted across many major markets. Is there any way back?

Lawyers for the FCA intervened in a crucial Supreme Court hearing on the commission payment row that has been dubbed PPI on wheels

Aston Martin will sell its Formula One team stake to help raise cash as Lawrence Stroll's Yew Tree consortium prepares to hand the luxury carmaker another liquidity injection.

BYD, which has been dubbed 'the Tesla killer' and is expanding in Europe after dominating its home market, saw revenue jump 29% last year.

With shares down 50% in three months, Ross Gerber said electric car maker's reputation has been 'destroyed' by its 'divisive' boss (pictured).

Porsche - where tennis star Emma Raducanu (pictured) is a global ambassador - said its profit margin this year would be between 10 and 12%.

As global markets tumbled on fears that Donald Trump's trade wars will fuel inflation and tip the US into recession, shares in Tesla fell 14%.

Keefe, Bruyette & Woods (KBW), which is owned by Stifel, has raised estimates on the liabilities facing numerous lenders following the Court of Appeal's recent Hopcraft judgement.

Aston Martin Lagonda has raised £211million in new financing to help bolster its liquidity and fund future growth after issuing a profit warning on Tuesday.