Jaguar Land Rover cyber attack cost company nearly £200 million

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A cyber attack on Jaguar Land Rover cost it nearly £200 million, the company said.

Jaguar Land Rover (JLR) has revealed it swung to an underlying loss of £485 million over the second quarter of the year as earnings were knocked following a severe cyber attack.

The British luxury carmaker had made a profit before tax and exceptional items of nearly £400 million over the same period in 2024.

It also reported a £134 million loss for the six months to the end of September, from a £1.1 billion profit the prior year.

JLR’s chief executive Adrian Mardell said the company’s financial performance was “impacted by significant challenges, including a cyber incident that stopped our vehicle production in September and the impact of US tariffs”.

The manufacturer revealed costs of £196 million relating to the cyber attack.