Summary
Jaguar Land Rover (JLR) plans to restart production at some UK sites following a cyber-attack that halted operations since September. The company will start by bringing back workers to specific locations and has introduced a fast-track payment program to support its suppliers affected by the shutdown.
Key Facts
- JLR experienced a cyber-attack that stopped production lines since the beginning of September.
- Production will restart on a phased basis at locations in the West Midlands and Merseyside.
- Initial sites to reopen include the Wolverhampton engine plant and Hams Hall battery assembly center.
- JLR has set up a payment plan to help its direct suppliers, some of whom had financial struggles during the downtime.
- The payment plan allows suppliers to receive funds up to 120 days earlier than usual.
- JLR's scheme is financed with credit from a commercial bank, separate from a recent government loan guarantee.
- The return of production is seen as a positive step, but many smaller suppliers continue to face financial difficulties.
- Full normal production is expected to take several weeks to achieve.
