Auto Amazon Links: No products found. Blocked by captcha.
Jaguar Land Rover has announced plans to restart some of its manufacturing operations in the near future following a recent cyber-attack that led to the suspension of production. The carmaker’s facilities in the West Midlands and Merseyside were brought to a standstill on 1 September after the cyber-attack on the previous night. According to reports, production will initially resume at the engine facility in Wolverhampton on 6 October, with a phased return to production at other plants.
Industry sources have suggested that it may take several weeks before production lines are operating at full capacity again. In a communication to Jaguar Land Rover employees, the company highlighted that the groundwork for their recovery program is currently in progress. The phased restart is aimed at ensuring a safe and secure restoration of IT systems, as mentioned by a company spokesperson. Previously, Jaguar Land Rover had anticipated production to restart no earlier than 1 October.
The news of the phased restart has been well-received by companies within Jaguar Land Rover’s supply chain, many of which have been facing significant financial strain due to the production suspension. It is estimated that around 30,000 individuals are directly employed at the company’s UK plants, with an additional 100,000 working for firms in the supply chain. While the restart will provide some relief, there are concerns that financial assistance is still urgently required for businesses that have already suffered losses.
Over the weekend, the government announced loan guarantees worth £1.5bn for Jaguar Land Rover, with a specific emphasis on supporting the supply chain. This funding is intended to help suppliers manage cashflow and fulfill parts orders. The company expressed its gratitude to all individuals associated with the manufacturer for their patience and support during this challenging time. Despite the progress in their recovery efforts, Jaguar Land Rover acknowledges that there is more work to be done and pledges to provide further updates as they continue to move forward
Read the full article from The BBC here: Read More
Auto Amazon Links: No products found. Blocked by captcha.