AssetID: 55123529
Headline: UNCAPTIONED: UK Government Considers Support For JLR Suppliers After Cyber-Attack
Caption: UK Government Considers Support For JLR Suppliers After Cyber-Attack. Ministers are exploring ways to support Jaguar Land Rover’s suppliers after a cyber-attack forced the carmaker to suspend production. The attack, which hit JLR’s IT networks at the end of August has left factories in Solihull, Wolverhampton, and Halewood idle with production expected to remain halted until at least 1 October. Smaller suppliers that rely solely on JLR are at risk of going bust without intervention. One option being considered is for the government to purchase component parts directly from suppliers, keeping them afloat until production resumes — potentially the first time a company would receive support due to a cyber-attack. JLR, owned by India’s Tata Motors, normally produces over 1,000 cars a day across its three UK factories. The ongoing disruption is estimated to cost the company at least £50 million a week and investigations into the cyber-attack are underway. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Motoring,UK Government,consider,support,JLR,Jaguar Land Rover,after,cyber-attack,IT networks,August,hit,factories,Solihull,Wolverhampton,Halewood,idle,production,remain halted,October,suppliers,risk,bust
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