Published by Global Banking and Finance Review
Posted on January 5, 2026
Published by Global Banking and Finance Review
Posted on January 5, 2026
Jan 5 (Reuters) - India's Tata Motors Passenger Vehicles said on Monday that third-quarter wholesale and retail volumes of its Jaguar Land Rover carmaker declined 43.3% and 25.1%, respectively, compared to year-ago figures, weighed down by production stoppages following one of Britain's most disruptive and high-profile cyber attacks.
(Reporting by Kanjyik Ghosh in Barcelona;Editing by Tomasz Janowski)
Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information, and can disrupt business operations.
Wholesale volumes refer to the quantity of goods sold in bulk, typically to retailers or other businesses, rather than directly to consumers. This metric is crucial for understanding supply chain dynamics.
A production halt is a temporary stop in manufacturing operations, often due to unforeseen circumstances like equipment failure or cybersecurity incidents, which can significantly impact output and sales.
Jaguar Land Rover is a British automotive company that designs, manufactures, and sells luxury vehicles. It is a subsidiary of Tata Motors and is known for its high-performance cars and SUVs.
Tata Motors is an Indian multinational automotive manufacturing company, part of the Tata Group. It produces a wide range of vehicles, including cars, trucks, and buses, and is known for its innovation in the automotive sector.
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