Jaguar Land Rover (JLR) continues to not resume production at its global factories, three weeks after being targeted by a cyberattack that paralyzed the brand’s automotive production, which may now affect the suppliers of the British company.
The Tata Motors-owned group informed on September 1 that it was forced to shut down its systems since it became aware of the “global problems,” and that it was working “at an accelerated pace to restart operations in a controlled manner.”
Now, “Autocar” reports that the deadline to find a solution to the cyberattack has not yet been announced, and that the problem could cost up to £5 million per day (€5.7 million), according to calculations by business economics professor David Bailey.
The company announced this Monday to the British publication that it has no official updates to reveal; however, the British press reported over the weekend that the brand’s problems could lead some of its suppliers to bankruptcy as a result of the production halt.
For his part, former CEO of Aston Martin, Andy Palmer, told the BBC that “he would not be surprised to see some bankruptcies”. Palmer added that many suppliers will soon begin to reduce the number of employees as a result of the production halt at JLR.
To avoid widespread job losses, the UK government is being pressured to create a paid leave program, similar to the one that was in place during the Covid pandemic.
