JLR seeks £2 billion to absorb financial shocks
Published on: Sept. 29, 2025, 5:30 a.m. | Source: The Economic Times
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.
