Jaguar Land Rover to Resume Production After Cyberattack With UK Government’s $2 Billion Support
Jaguar Land Rover (JLR), owned by Tata Motors, has announced that it will restart production in a phased manner after a crippling cyberattack forced the luxury automaker to suspend operations at multiple plants earlier this month.
The UK government has stepped in to support the recovery, extending a $2 billion loan guarantee through UK Export Finance to secure the company’s supply chain and protect thousands of jobs. The financial aid will be repaid over a period of five years.
The cyberattack had disrupted JLR’s operations globally, impacting plants in the UK, India, Brazil, and Slovakia. It also caused difficulties for smaller suppliers dependent on the company. The shutdown reportedly contributed to the Tata Group losing over $75 billion in market value this year.
JLR confirmed that parts of its systems are now restored, enabling smoother supplier payments and faster vehicle deliveries. The company expects certain production lines to be back in operation “in the coming days,” bringing relief to both workers and suppliers.
