Tata Motors' management met analysts on Monday. (Photo Source: Company Website) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The demand outlook for Jaguar Land Rover remains challenging in the near term for Europe, China and US regions, while domestic passenger vehicle sales may improve after GST cuts, according to Tata Motors Ltd.
Following a cyberattack that led to a widespread production pause, JLR will restart manufacturing operations in a phased manner , the management told analysts at a meeting on Monday.
The UK-based luxury car brand suffered a massive cyberattack on Aug. 31, which disrupted most of its major operations. The attack hit JLR's database, which had crucial orders and inventory systems, bringing the company's production operations to a standstill.