Jaguar Land Rover (JLR), owned by India’s Tata Motors, said on Monday it will restart some manufacturing operations in the coming days, marking the start of a phased recovery following a cyberattack that forced a production halt earlier this month.
The announcement came a day after Britain confirmed it would provide a $2 billion loan guarantee to support the luxury carmaker’s supply chain amid the disruption. JLR operates three factories in the United Kingdom, producing about 1,000 vehicles daily. According to the BBC, the shutdown has cost the company at least 50 million pounds ($68 million) a week, with many of its 33,000 employees told to stay at home.
The attack, which affected JLR’s IT systems, disrupted global parts supply and vehicle wholesale processes. Last week, the company said it had restored some systems, including those managing component supply and financial transactions, and improved its ability to process invoices.
The phased recovery comes as JLR works to stabilise operations across its network. The company did not provide details on the timeline for a full resumption of production.
JLR, Britain’s largest carmaker, is seeking to mitigate the financial impact of the outage while maintaining supply continuity. The government’s loan guarantee aims to strengthen its working capital position as operations gradually return to normal.
Source: Reuters
