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...
By Julia Kollewe · The Guardian World
Shares in owner Tata Motors fall after carmaker confirms impact of devastating hack Business live – latest updates 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 at the luxury carmaker – 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...