The UK government will support Jaguar Land Rover (JLR) with a £1.5 billion (approximately $2 billion) loan guarantee to sustain its supply chain after the company’s production was halted following a cyberattack, Reuters reports.
Production Halt Impacts
JLR’s production stoppage lasted nearly a month, and the government is exploring options to support the company and its suppliers. Some firms in the supply chain have warned of significant cash flow shortages.
Read full article here: turnovernews.com
Read also: Porsche alters course, causing Volkswagen billions in losses
Photo: Financial Times
UK
IT
ES
DE
FR
RO
PT
HU
