Tesla becomes world’s most valuable carmaker without making a profit

Elon Musk’s company outstrips Toyota on stock market as demand for electric cars soars

Aston Martin confirms sacking of chief after share collapse

Andy Palmer, who had been head of car firm since 2014, will be replaced by Tobias Moers

McLaren pledges luxury cars as collateral in bid to secure £250m

F1 firm’s revenues slump but government refuses emergency £150m loan