Overview
- Jaguar Land Rover said select manufacturing lines will resume in the coming days as it continues a controlled, phased restart following the August 31 cyberattack.
- The loan will be provided by commercial banks and underwritten by UK Export Finance’s Export Development Guarantee, with repayment over five years.
- Parts of JLR’s IT systems were brought back online to process supplier payments, yet dealers report weeks without parts ordering and many suppliers face acute cash‑flow strain.
- JLR says some data was accessed in the breach but has not shared technical details, while security researchers and a Telegram channel attribute the incident to a group styling itself Scattered Lapsus$ Hunters.
- Moody’s shifted JLR’s outlook to negative and expects the operational and financial recovery to take several months, even as production begins to restart.