Jaguar Land Rover slides to loss of almost £500m after cyber-attack

Jaguar Land Rover confirmed that car production had returned to normal levels, with all plants ‘at or approaching capacity’. Photograph: Phil Noble/Reuters

The cyber-attack that closed Jaguar Land Rover factories has pushed the company from profit into a quarterly loss of almost £500m, the carmaker has revealed.

JLR made pre-tax losses of £485m in the three months to 30 September, with production shut down throughout September due to the hack – a brutal turnaround from the £398m profit it recorded in the same period a year earlier, and ending 11 consecutive quarters of profit.