Carmaker announces sweeping restructuring plans that will hit employees across Europe.
Factories could close UK headquarters to merge.
Halfords shares tumble after a profits warning.
In other blow to Europe’s auto sector, Jaguar Land Rover is set to announce heavy job losses too.
A source familiar with the plans has told us the redundancies were likely to affect “white-collar” workers the most, with the majority of UK job reductions achieved via voluntary redundancies.