Aston Martin is facing significant financial challenges, announcing plans to cut a fifth of its workforce after net losses increased by over 50% last year.

• Job losses could total approximately 600, out of 3,000 employees.
• The luxury car manufacturer, famed for its association with James Bond, blamed recent woes partly on US President Donald Trump's tariffs.
• Experts suggest Aston Martin needs to adapt to changing car industry trends, including the rise of electric vehicles and increased competition from emerging markets like China.