Jaguar Land Rover Roars Back: £196M Cyberattack Fallout Resolved as UK Plants Resume Full Production!

Author

Abhay Singh | Whalesbook News Team

Detailed Coverage:

Jaguar Land Rover Resumes Full Operations After Cyberattack Devastation

British luxury carmaker Jaguar Land Rover (JLR) has announced its manufacturing operations have returned to normal, ending a six-week disruption from a cyberattack. The incident, starting in early September, halted UK plants, severely impacting supply chains and costing an estimated £196 million. Production resumed gradually from October. This attack contributed to Britain's minimal economic expansion in Q3. JLR saw wholesales drop 24% and retail sales fall 17% in Q2 due to the disruption. While no customer data theft was confirmed, some internal data was affected. JLR used supplier financing to manage cashflow.

Impact This news is vital for Tata Motors investors. JLR's recovery shows resilience, but the £196 million cost and sales disruption will affect quarterly results. Normal operations signal positive future revenue prospects. Impact Rating: 7/10

Difficult Terms * Cyberattack: A malicious attempt to disrupt computer systems or networks. * Supply Chains: The network involved in moving a product from supplier to customer. * Wholesales: Sales in large quantities, typically to retailers. * Retail Sales: Sales directly to the final consumer. * Cashflow: The movement of money into and out of a business. * Supplier Financing: Short-term financing to pay suppliers earlier.