JLR records near-£500m loss

JAGUAR Land Rover (JLR) has recorded a loss approaching £500 million during the second quarter of its financial year whilst dealing with what has been called the costliest cyber attack in British history.

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> JLR's Castle Bromwich site in Birmingham

The automotive manufacturer has disclosed a pretax loss before exceptional items of £485m for the three months ending September 30. That is down substantially on the £398m profit achieved during the equivalent period in 2024.