Jaguar Land Rover (JLR) will receive backing from UK government for $2-billion loan aimed at easing the strain on suppliers hit by a production halt at the automaker, triggered by a cyberattack. The loan, to be provided by a commercial bank, will be repaid over five years. JLR shut down its plants in UK, Brazil and India after the cyberattack.
short by
Shristi Acharya /
09:40 am on
28 Sep