HomeBusinessJaguar Land Rover ‘back...

Jaguar Land Rover ‘back to doing what we do best’ after major cyber attack

Jaguar Land Rover (JLR) has said they are “back to doing what we do best” as production resumes after weeks of disruption following a major cyber attack.

The British car maker welcomed back 1,000 employees to its engine plant in Wolverhampton on Wednesday, with Range Rover production lines in Solihull to kickstart production again on Thursday.

The firm’s stamping operations in Castle Bromwich, Halewood in Merseyside, and Solihull, have also resumed production on Wednesday.

JLR global manufacturing director Luis Vara said there was a “strong sense of unity and momentum” among production workers, who were told to work from home after the firm’s systems were hacked on August 31.

“Today we’ve welcome back 1,000 employees to Wolverhampton and there is a strong sense of unity and momentum as we get back to doing what we do best, building quality luxury vehicles for our customers,” Mr Vara said on Wednesday.

“Today marks a significant moment in our journey back to full vehicle production for our people, suppliers, customers and retailers as we begin the controlled, phased restart of our operations, starting with our Wolverhampton plant where we make engines for our luxury vehicles manufacturing in Nitra, Slovakia and our batteries assembly centre in the West Midlands.

“Wolverhampton is one of the first sites to restart production because it’s where we build all of the engines for JLR vehicles ahead of vehicle production taking place.

“Colleagues will also begin to return today to our stamping operations in Castle Bromwich and Halewood, closely followed by a restart of Range Rover production lines in Solihull this Thursday.”

The cyber attack came at a crucial time for car firms, with September the month when the latest registration plates are released, traditionally boosting demand for new motors.

The incident also caused significant disruption to the firm’s global operations, with suppliers being left in limbo as production froze.

On Monday, JLR revealed a sharp drop in sales over recent months following the cyber incident, adding it had been a “challenging quarter” as it also grappled with the impact of higher US tariffs.

Sales fell by 17.1% to 85,495 units between July and September, compared with the same period a year ago, with UK sales dropping by nearly a third.

The volume of wholesales tumbled by 24.2% year-on-year to 66,165 units.

JLR said this partly reflected the production freeze since the start of September.

The firm has the largest supply chain in the UK automotive sector, which employs around 120,000 people and is largely made up of small and medium-sized businesses.

The Government recently announced it would underwrite a £1.5 billion loan guarantee to JLR to give suppliers some certainty over payments, helping bolster JLR’s cash reserves, but calls mounted for more to be done.

JLR said on Tuesday that its extended support package would see suppliers paid much faster than under the usual payment terms, by as much as 120 days early.

It will start with qualifying JLR suppliers seen as critical to the restart of production, then will be expanded to cover some non-production suppliers who have also been affected.

JLR also vowed to pay back financing costs for those JLR suppliers who use the scheme during the restart phase.

Following the cyber incident, Downing Street said it had been “a concerning time for workers at Jaguar Land Rover and, of course, across the supply chain”.

A raft of other businesses have been hit by major cyber attacks in recent months, including beer giant Asahi, high street retailer Marks & Spencer and nursery group Kido Schools.

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

Dolly Parton leans on music industry for support amid health scares: Source

Dolly Parton has reportedly been finding comfort in the company of fellow music artists during a challenging period for...

Rs 1 lakh Crore Fund To Mitigate R&D Risks, Spur Private Investment In Cutting-Edge Technologies: Secretary DST | Economy News

New Delhi: The recently launched Rs 1 lakh crore Research Development and Innovation (RDI) fund, particularly focused on India's private sector, aims to support the private research and innovation mindset among players and mitigate the financial risks associated with it.   Speaking at a workshop organised by the Department...

With presidents and royalty in attendance, Egypt unveils $1bn cultural ‘GEM’

Prime ministers, presidents and royalty descended on Cairo on Saturday to attend the spectacle-laden inauguration of a sprawling new...

Obituary: James Watson

Getty ImagesIn February 1953, two men walked into a pub in Cambridge and announced they had found "the secret of life". It was not an idle boast.One was James Watson, an American biologist from the Cavendish laboratory; the other was his British research partner, Francis Crick....

T Rabi Sankar: Frauds up since July, battle on

MUMBAI: RBI deputy governor T Rabi Sankar said the fight against digital fraud is far from over, noting that the decline seen earlier this year reversed in July, with cases rising again.He said fraud levels had been falling since the start of the year before...

iOS 26.1 update boosts iPhone security and performance improvements

NEWYou can now listen to Fox News articles! Apple's iOS 26.1 update is more than a standard patch. It boosts security, speeds up performance and adds practical upgrades to features you already use. The update fixes dozens of vulnerabilities that impact Safari, Photos and Apple...

Florence Welch opens up about ectopic pregnancy and doubts about releasing new music

Florence Welch opens up about ectopic pregnancy and doubts about releasing new music - CBS News ...

Elon Musk’s $1tn pay deal approved by Tesla shareholders

Tesla shareholders have approved a record-breaking pay package for boss Elon Musk that could be worth nearly $1tn (£760bn).The unprecedented deal was approved by 75% of Tesla shareholders who cast votes at the firm's annual general meeting on Thursday.The deal requires Musk, who is already the world's...

Hamza Ali Abbasi gets real about adultery

Hamza Ali Abbasi. Photo: file ...