Britain is backing Jaguar Land Rover, owned by India's Tata Motors, with a £1.5 billion loan guarantee. This support addresses a month-long production shutdown caused by a cyberattack, which severely impacted JLR's supply chain and threatened numerous jobs. The government's intervention aims to safeguard the iconic British brand and its crucial automotive sector, ensuring stability for affected suppliers.
from Auto-Industry-Economic Times https://ift.tt/zPvbd2J
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