The government is looking at ways to financially support the companies in Jaguar Land Rover’s (JLR) supply chain, the BBC understands.JLR halted car production at the end of August after a cyber attack forced it to shut down its IT networks. Its factories remain suspended until next month at the earliest.Fears are growing that some suppliers, in particular the smaller firms who solely rely on JLR’s business, could go bust without support.One idea being explored is the government buying the component parts the suppliers build, to keep them in business until JLR’s production lines are up and running again.
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Government mulls financial support for JLR supply chain firms
