Cybersecuritydive Jaguar Land Rover Faces Sales Decline After Cyberattack Disruption
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Jaguar Land Rover reported a significant decline in sales following a cyberattack that halted production for over a month. In the fiscal third quarter ending December 31, wholesale volumes fell 43% to 59,200 units, while retail sales decreased by 25%. The attack, which occurred in late August, severely impacted the automaker's operations and supply chain.
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