Secure Trust Bank plans to cease activity in the motor finance market to focus on more profitable business after the sector was rocked by a commissions scandal.

The computer vision technology firm said its Guardian Generation 3 driver monitoring system will be used in Mitsubishi's logistics, distribution and maintenance fleet.

Nearly 400 jobs are at risk at Lotus as the car maker becomes the latest household name to look at slashing its workforce.

UK motor insurers are set to just about break even this year before falling to a loss in 2026, according to industry forecasters.

UK motor claims inflation is set remain elevated over the next year after total payouts hit a record high in 2024, according to EY analysis.

EDF will pay 6.5p per share. That values Pod Point at £10.6m and sets the scene for Pod Point to join the exodus from the London stock market.

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.