JLR (Jaguar Land Rover) is searching for an additional £ 2 billion ($ A4.08BN) on top of a British government-supported £ 1.5BN ($ A3.06BN) loan after a cyber attack after a cyber attack.
The British Automeker has started hunting for additional emergency funds to reduce the pressure after damage – £ 50 million per week ($ A102.4m) – stems from its production stop.
As Motor Vehicles News EuropeJLR confirmed that production would recommend “in the coming days” after remembering its previous goal to start manufacturing cars again on 24 September.
The objective of the British government -backed loans was intended to influence the JLR workforce and the comprehensive automotive industry from JLR by limiting the impact of delayed payment to their suppliers, closing around 700 companies.
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With the temporary shutdown of four plants in the UK, Slovakia, Brazil and JLR factories in India were also forced to prevent cars from making cars as the company was struggling with a decline from cyber attacks.
While Jaguar was not being built – as the historic British brand planned its rebirth in 2026 as an upmarket rival for Bentley and Porsche – the production of all land rover models has been prevented.
The Land Rover Defender is built in Slovakia, while the Range Rover Sport and Range Rover Evoque are produced in Solihul and Helwood plants in the UK respectively.
JLR is expected to produce its name ‘Baby Defender’ so far at its Mercyside plant in the UK since 2027.
According to additional funding Motor Vehicles News EuropeIt is intended to show that JLR has financial liquidity to avoid increasing revenue deficit due to this issue.
The attack occurred after a significant loss in exports to the US after the automotive tariff begins on April 2, which was later complicated by the so -called ‘mutual tariff’.
JLR sold 94,994 Land Rover, Range Rover and Jaguar vehicles in the US last year, about one-fifth of its global sales.
JLR stopped shipment of vehicles in the US as it works how to deal with unstable markets around the world, between rapidly changing laws that affect the global auto industry.
The production of Range Rover and Range Rover Sport in India began in 2025-the first time they were built outside the Great Britain-but these vehicles faced even more tariffs in the US than the UK-made versions.
JLR Australia will not comment on a direct cyber attack, but it is believed that defeat will have the minimum impact on stock in the Australian showroom.
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