Jaguar Land Rover (JLR), the British luxury car brand owned by Tata Motors Passenger Vehicles Ltd, is still facing financial problems months after a major cyberattack disrupted its operations.
The cyberattack, which took place in September, badly affected production at JLR’s manufacturing plants in the United Kingdom and Slovakia. As a result, the company is still struggling to recover.
JLR reported its second straight quarter of heavy losses in the third quarter. The company said that costs related to the cyberattack alone have reached around 260 million pounds.
Officials clarified that this amount only covers direct expenses caused by the attack, such as fixing systems and restoring operations. It does not include additional losses from production shutdowns and delays, which could make the total impact even higher.
The disruption has affected vehicle output and deliveries, putting pressure on the company’s overall performance. JLR is now working to strengthen its systems and return to normal production.