Jaguar Land Rover suffers heavy losses due to cyber incident

A recent cyberattack at the British car manufacturer Jaguar Land Rover has cost the company loads of money.

According to the company’s latest financial results, revenue for the second quarter was £4.9 billion, down 24% year‑on‑year. Revenue for the first half of the year was £11.5 billion, which is 16% less compared to last year.

“Revenue was impacted by the production stoppages JLR initiated in September following the cyber incident and the planned wind-down of legacy Jaguar models,” the company said in its latest quarterly numbers.

“JLR’s performance in the second quarter of FY26 was impacted by significant challenges, including a cyber incident that stopped our vehicle production in September and the impact of US tariffs,” Adrian Mardell, CEO of Jaguar Land Rover, said in a statement.

In addition, Jaguar Land Rover suffered a loss of £485 million in the second quarter and £134 million in the first six months of the year. Last year, the car manufacturer noted a profit of £398 million in Q2 and £1.1 billion in H1.

“JLR has made strong progress in recovering its operations safely and at pace following the cyber incident. The speed of recovery is testament to the resilience and hard work of our colleagues,” he continued.

The good news is that the production of all Jaguar Land Rover’s luxury brands has been resumed. At the same time, production downtime was used to accelerate development and testing work for electrification.

The Bank of England has estimated that the cyberattack on Jaguar Land Rover slowed the growth of the entire British economy. According to the financial institution, the United Kingdom’s gross domestic product (GDP) grew only 0.2% in the third quarter of 2025, which is less than expected.

The Cyber Monitoring Centre (CMC), an independent, non-profit organization that analyzes and categorizes cyber events that impact organizations in the United Kingdom, recently calculated that the cyberattack on Jaguar Land Rover is the “most damaging event” in the history of the UK.

“This event demonstrates how a cyberattack on a single manufacturer can reverberate across regions and industries, from suppliers to transport and retail, and underscores the strategic importance of cyber resilience in the UK’s industrial base,” the researchers concluded.

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