JLR reports heavy loss following cyber-attack
The cyber-attack earlier this year against Jaguar Land Rover (JLR) resulted in the company suffering a heavy loss for the three months until the end of September. The car manufacturer posted a loss of £485 million before tax and exceptional items. The same period the previous year saw it posting a profit of £389 million.
The cyber-attack at the end of August forced JLR to shut its computer networks down, resulting in it being unable to run its automated production lines from September and early October. Car sales were also initially affected, though the firm was able to work around the problem. Parts supply to its service outlets also suffered.
Production, JLR says, has returned to normal levels but it also reported further “cyber-related” costs of £196 million. These, the BBC reports, are “are understood to include the expense of bringing in outside consultants and other support in response to the hacking attack.”
Its revenues for the quarter fell 24% from £6.5 billion last year to £4.9 billion. This wa largely due to the halt to production but American tariffs, and the phasing out of multiple Jaguar models also contributed to that.
The Society of Motor Manufacturers and Traders says that the cyber-attack meant that UK car production in September 2025 fell to its lowest level for the month since 1952.
The government has agreed to provide guarantees for JLR to get loans of up to £1.5 billion to help its supply chain, but the company has not yet pulled from this funding. It is also setting up a finance scheme via a separate loan to ensure its suppliers are given early payments for new orders and help ease their cashflow.
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