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HomeTechnologyJaguar Land Rover wholesale volumes down 43% after cyberattack

Jaguar Land Rover wholesale volumes down 43% after cyberattack

Jaguar Land Rover wholesale volumes down 43% after cyberattack

Jaguar Land Rover (JLR) revealed this week {that a} September 2025 cyberattack led to a 43% decline in third-quarter wholesale volumes.

This important decline in gross sales is because of manufacturing points following the assault and subsequent delays in distributing automobiles globally after manufacturing resumed. Manufacturing returned to regular ranges solely by mid-November after a phased method, additional limiting its capability to meet orders.

The automaker mentioned that gross sales have been additionally impacted by U.S. tariffs and the deliberate discontinuation of legacy Jaguar fashions forward of the model’s relaunch.

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“As a result of this and likewise the time required to distribute automobiles globally as soon as produced, wholesale and retail volumes diminished on 1 / 4‑on‑quarter and 12 months‑on‑12 months foundation,” JLR mentioned in a Monday press launch.

“Wholesale volumes for the third quarter have been 59,200 models (excluding the Chery Jaguar Land Rover China JV (‘CJLR’)), down 43.3% 12 months‑on‑12 months and down 10.6% in comparison with Q2 FY26.”

JLR gross sales declined in all main markets in comparison with final 12 months, with North America experiencing a 64% drop in wholesale volumes, Europe a 48% decline, China a 46% hit, and the U.Okay. market reducing by solely 0.9%.

The corporate additionally revealed in monetary outcomes printed in November that the value of the cyberattack totaled £196 million ($220 million) within the quarter. The identical week, the Financial institution of England mentioned the nation’s GDP was weaker than anticipated in Q3 2025, flagging the Jaguar Land Rover cyberattack as one of many key causes.

The British luxurious automaker owned by Tata Motors plans to launch its full third-quarter monetary leads to February 2026.

The September 2nd cyberattack pressured the carmaker to ship workers house and shut down manufacturing. In a follow-up assertion, it additionally confirmed that knowledge had been stolen in the course of the cyberattack, which was later claimed by the Scattered Lapsus$ Hunters cybercrime collective made out of cybercriminals from the Lapsus$, Scattered Spider, and ShinyHunters extortion teams.

This incident disrupted JLR’s operations for a number of weeks, impacting its monetary and market place and rising dangers for the corporate and a few of its suppliers, which confronted extreme liquidity points.

On September 29, the U.Okay. authorities intervened, approving a £1.5 billion mortgage assure to assist JLR restore its provide chain and restart manufacturing.

JLR employs over 39,000 folks, has annual revenues of over $38 billion (£29 billion), and makes greater than 400,000 automobiles annually.

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