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UK Pledges £1.5 Billion ($2 Billion Approx.) Loan Guarantee for Jaguar Land Rover
1 day ago /
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Author：小编
The United Kingdom government has announced a £1.5 billion (equivalent to approximately $2 billion) loan guarantee for Jaguar Land Rover. This financial support aims to assist the automaker in navigating through production stoppages triggered by cyberattacks, as well as to safeguard the smooth functioning of its supply chain. The production suspension has already extended for close to a month. Prior to this, the UK government had been actively seeking strategies to bolster the company and its supply network. Some of the smaller suppliers within the chain have voiced concerns, indicating that their financial reserves are sufficient to sustain operations for only up to a week.
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