Th y leveraged themselves heavily against future profits to develop their latest line of diesel motors, just in time for the bottom to drop out of the worldwide diesel market. Now those profits aren't materialising as a result and they're in a very precarious position.
Then they're losing Chinese sales, previously a big market - the trade war with the US has prompted a wave of patriotism when it comes to buying, and the wealthy but not super rich are tending to buy either home grown or Japanese by way of a response.
And then there's the dreadful quality. Not only is it putting off buyers, its costing them an arm and a leg in claims.
They like to blame everyone but themselves, particularly Brexit, but all of mainland Europe represents smaller sales than England alone, so that dog doesn't bark.
My BIL is a senior bod there so I get an inside line, but he's had enough kf it all and the way it's being run so he's volunteered for redundancy.