Reported 3 days ago
The recent cyber attack on Jaguar Land Rover (JLR) led to a significant halt in production and exposed vulnerabilities in the UK's automotive supply chain, demonstrating the high dependency on just-in-time manufacturing practices. With the month-long shutdown causing cash flow issues for smaller suppliers, industry experts are raising concerns over the resilience of financing structures and calling for improved support mechanisms for affected businesses. The government's emergency loan guarantee for JLR highlights the urgent need for coordinated financial assistance to ensure the stability of the automotive sector.
Source: YAHOO