Sunday, September 28, 2025

JLR seeks £2 billion to absorb financial shocks

Jaguar Land Rover has sought £2 billion emergency funding after a cyberattack halted production. UK factories and global operations faced shutdowns. The UK government will guarantee a separate £1.5 billion loan. This aims to support suppliers and ensure liquidity. Production is expected to normalize by November. Financial impact could reach £3.5 billion.

from Auto-Industry-Economic Times https://ift.tt/79Blyad

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