Jaguar Land Rover’s losses deepen as cyber assault fallout continues

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Jaguar Land Rover, the UK’s largest automotive producer, has reported a pre-tax lack of £310 million for the ultimate three months of 2025, a pointy reversal from the £523 million revenue recorded throughout the identical interval a 12 months earlier.

The hunch was primarily pushed by the lingering results of a devastating cyber assault that crippled the corporate’s operations late final 12 months.

While the preliminary breach occurred in August, the monetary hangover lasted by way of the winter. Production solely returned to regular ranges in mid-November, leaving an enormous gap within the firm’s stability sheet.

Revenues for This fall, 2025 plummeted 39 per cent to £4.5 billion as wholesale volumes – the variety of vehicles offered to dealerships – fell by 43 per cent.

The firm confirmed it incurred a further £64 million in direct prices associated to the incident throughout this era, following an enormous £196 million hit within the earlier quarter.

The cyber disaster was compounded by a deteriorating world financial panorama. JLR pointed to weakening market circumstances in China, the place gross sales fell by over 18 per cent, in addition to the continuing stress of US commerce tariffs.

In North America, retail gross sales noticed a dramatic 37.7 per cent decline year-on-year. Furthermore, the corporate’s determination to wind down manufacturing of older Jaguar fashions forward of a serious model relaunch this 12 months additionally weighed on whole volumes.

Chief govt P.B. Balaji described the quarter as “challenging” however insisted the enterprise stays resilient. Despite the quarterly loss, the agency maintained its full-year steering for 2026, betting on a big efficiency restoration within the coming months.

Management is pinning its hopes on a “transformation” technique, aiming to maneuver previous the IT breach that was so important it was cited as a think about denting the UK’s total financial development final 12 months.

However, because the producer ramps up manufacturing of high-margin autos just like the Range Rover, it faces a steep climb to return to the billion-pound income it loved earlier than the digital shutdown.

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