Jaguar Land Rover sales slump sharply amid US tariffs and cyber-attack
Shares in owner Tata Motors fall after carmaker confirms impact of devastating hack Business live – latest updatesSales at Jaguar Land Rover slumped in the final quarter of last year as US tariffs hit and production was slow to recover after a devastating cyber-attack.Wholesale volumes – sales via dealerships – fell by 43.3% to 59,200 vehicles in the quarter to December, while retail sales were down 25.1% at 79,600 cars after the hack in late August. Continue reading...
Shares in owner Tata Motors fall after carmaker confirms impact of devastating hack
Sales at Jaguar Land Rover slumped in the final quarter of last year as US tariffs hit and production was slow to recover after a devastating cyber-attack.
Wholesale volumes – sales via dealerships – fell by 43.3% to 59,200 vehicles in the quarter to December, while retail sales were down 25.1% at 79,600 cars after the hack in late August. Continue reading...
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