New McLaren Group Holdings CEO Nick Collins will now run the Surrey-based supercar maker
New CEO Håkan Samuelsson details plan to shore up finances in face of "external headwinds" worldwide
"Volatile market conditions” have caused profits to drop and already led the brand to cut 270 UK jobs
Bosses insist the British luxury car brand is on track to go electric-only by 2035 – but flexibility is key
Shock agreement for rivals to merge is off after Honda wanted changes to planned structure
Tavares exits multinational car-making giant as profits slide, more than a year before he was due to retire
Japanese manufacturer sets out drastic cost-cutting plan as it reports a difficult first half of 2024
Restructuring of German giant includes 10% salary reduction for all staff and two-year pay freeze
Arrival sibling firm blames failure to deliver electric 1967 Ford on "significant challenges"; all staff made redundant
Leonie Raistrick, Santino Pietrosanti and Alan Nicolson
New UK leadership team tasked with putting Jaguar, Range Rover, Defender and Discovery "in their own spotlight”
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