Jaguar Land Rover (JLR) has resumed manufacturing after a cyberattack crippled production for over a month. The phased restart begins with plants in the West Midlands reopening. Employees are returning to various operations, including stamping, body shop, and paint shop. JLR aims to restart vehicle manufacturing in Slovakia and reopen other key production lines this week.
The cyberattack has cost JLR millions in daily profits and has pushed some suppliers near collapse. JLR has initiated a financing scheme to pay suppliers upfront and expedite payments. Automated supplier payment systems are coming back online this week, offering faster payments than standard terms. JLR will also cover financing costs for participating suppliers.
JLR’s temporary financing plan accelerates supplier payments by up to 120 days, benefiting near-term cash flow. The company will reimburse financing costs for suppliers opting into the program during the restart phase. The program starts with critical production suppliers and will expand to non-production suppliers. JLR, a Tata Motors subsidiary, reported Q2 FY26 sales figures, showing decreases in wholesales and retail due to the cyber incident, legacy model wind down, and U.S. tariffs.
Read more at Yahoo Finance: Jaguar Land Rover Restarts Production; Provides Lifeline to Critical Suppliers
