Tata Motors outlook turns ‘negative’ on JLR troubles
Tata Motors outlook turns ‘negative’ on JLR troubles
Moody's changed Tata Motors' outlook to negative. This followed a cyber attack on Jaguar Land Rover. The attack caused a complete production halt. JLR operations were disrupted for four weeks. The company plans a phased restart of manufacturing. Britain offered a two billion dollar loan guarantee. JLR will contribute over 90 percent to Tata Motors' consolidated ebitda after demerger.
Moody's changed Tata Motors' outlook to negative. This followed a cyber attack on Jaguar Land Rover. The attack caused a complete production halt. JLR operations were disrupted for four weeks. The company plans a phased restart of manufacturing. Britain offered a two billion dollar loan guarantee. JLR will contribute over 90 percent to Tata Motors' consolidated ebitda after demerger.
Moody's changed Tata Motors' outlook to negative. This followed a cyber attack on Jaguar Land Rover. The attack caused a complete production halt. JLR operations were disrupted for four weeks. The company plans a phased restart of manufacturing. Britain offered a two billion dollar loan guarantee. JLR will contribute over 90 percent to Tata Motors' consolidated ebitda after demerger. 
