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Jaguar Land Rover launches £500M loan to aid suppliers after cyberattack halted production, with full recovery expected post-Christmas.
Jaguar Land Rover is launching a £500 million private loan to support suppliers after a September cyberattack halted global production.
A separate £1.5 billion government-backed funding deal remains unfinalized.
The company has started a phased production restart, using a supplier help desk and manual payments while restoring automated systems.
JLR, owned by Tata Motors, is also seeking £2 billion in additional bank financing.
Full operations are expected to resume after Christmas, with government intervention aimed at preventing widespread supplier failures.
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Jaguar Land Rover lanza un préstamo de 500 millones de libras para ayudar a los proveedores después de que un ataque cibernético detuviera la producción, con una recuperación completa prevista después de Navidad.