“JLR colleagues will also begin to return on Wednesday to the company’s stamping operations in Castle Bromwich, Halewood and Solihull, UK, and other key areas of its Solihull vehicle production plant, such as its body shop, paint shop and its Logistics Operations Centre (LOC), which feeds parts to JLR’s global manufacturing sites,” the statement said further.
The activity will be followed by vehicle manufacturing in Nitra, Slovakia, and the resumption of the Range Rover and Range Rover Sport (MLA) production lines at the Solihull facility this week.JLR will also share further updates on the next steps of the controlled, phased restart for JLR’s Halewood plant at Mersyside, at a subsequent date.
The Tata Motors unit has also decided to fast-track a new financing scheme, that will provide eligible JLR suppliers with upfront cash during the production restart phase.”With the new scheme, qualifying JLR suppliers will be paid much faster than under their standard payment terms, aiding their cashflow in the near term. Following an initial phase with qualifying JLR suppliers critical to the restart of production, the scheme will be expanded, including to some non‑production suppliers,” JLR said.
JLR’s typical supplier payment terms are 60-days post invoice, and working with a banking partner would mean JLR suppliers will receive a majority prepayment shortly after point of order and a final true-up payment on the receipt of the invoice.
Tata Motors’ Unit Jaguar Land Rover’s production has been crippled from August 31, when the company first disclosed a cyberattack. Reports suggest that the production shutdown caused a loss of £50 million per week.
Reports had also indicated that the lack of insurance meant that JLR could be hit with a £2 billion bill, aside of the £50 million per week costs, which is higher than the full financial year 2025 profit that the unit had reported.
Shares of Tata Motors are still trading 1.7% lower despite the statement, at ₹700.45. The stock is down 3% in the last one month.
