U.K. Backs Cyber-Hit Jaguar Land Rover with $2 Billion Loan

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Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. government has been forced to guarantee a £1.5 billion (US$2 billion) loan to help Jaguar Land Rover (JLR) (Coventry, England) and its large U.K. network of suppliers survive following a crippling cyber-attack.

The company was unable to build any cars in the U.K. in September following a cyber attack on August 31 that forced it to shut down all of its U.K. car plants along with others around the globe in Slovakia, India, China and Brazil. The company, which is owned by India's Tata Motors, normally churns out roughly 1,000 cars a day at its three key U.K. factories alone in Solihull and Wolverhampton in the West Midlands, and Halewood in Merseyside. Most of the company's 34,000-strong U.K. workforce were told to stay at home for most of last month. For additional information, see September 29, 2025, article--Cyberattack on Jaguar Land Rover Shuts Plants.

The loan from a commercial bank, backed by the Export Development Guarantee (EDG) provided by export credit agency U.K. Export Finance, will be paid back over five years. It is designed to bolster JLR's cash reserves so it can support almost 700 companies in its supply chain that employ 120,000 people. Chancellor of the Exchequer Rachel Reeves said: "Jaguar Land Rover is an iconic British company which employs tens of thousands of people - a jewel in the crown of our economy. Today we are protecting thousands of those jobs with up to £1.5 billion in additional private finance, helping them support their supply chain and protect a vital part of the British car industry.

Industrial Info is tracking the stoppages at the company's main manufacturing plants, battery, R&D and logistics operations as well monitoring nine planned and active projects with a combined investment value of US$6.7 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for the reports.

The emergency funding was welcomed by the mayor of the West Midlands, Richard Parker, who said, "This support is vital to the West Midlands - it will keep people in work, protect the smaller firms that rely on JLR and give our region the stability it needs while production is paused."

In the latest development, JLR has outlined a phased return of operations. "As the controlled, phased restart of our operations continues, we are taking further steps towards our recovery and the return to manufacture of our world‑class vehicles. Today we are informing colleagues, retailers and suppliers that some sections of our manufacturing operations will resume in the coming days. We continue to work around the clock alongside cybersecurity specialists, the U.K. Government's NCSC and law enforcement to ensure our restart is done in a safe and secure manner. We would like to thank everyone connected with JLR for their continued patience, understanding and support. We know there is much more to do but the foundational work of our recovery is firmly underway, and we will continue to provide updates as we progress."

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).