"The government could start buying parts from Jaguar Land Rover's suppliers in a plan to protect manufacturing jobs from the impact of a severe cyber-attack. The business secretary, Peter Kyle, is considering a plan that would see the government buy parts made by the suppliers, and then sell them back to JLR when it resumes production of its vehicles, according to a report by ITV News."
"JLR, which is owned by India's Tata Motors, was hit by a cyber-attack on 31 August, forcing it to freeze production in a shutdown that is expected to drag on into October. The shutdown has meant that for weeks, Britain's biggest carmaker has been unable to produce at any of its factories across the UK, Slovakia, Brazil and India. The shutdown poses an existential threat to JLR's suppliers, who rely on its just in time production schedules."
"While it is understood that ministers are considering various ways the government could provide support, so far they have not formally committed to providing any financial aid to help smaller suppliers survive. Buying parts is said to be one of several options under consideration. But it could be technically difficult, because the carmaker does not have significant spare warehouse space to store extra parts, ITV News reported."
The government could buy parts from Jaguar Land Rover suppliers to protect manufacturing jobs following a severe cyber-attack. Business secretary Peter Kyle is considering buying supplier parts and selling them back to JLR when production restarts. JLR was hit on 31 August, forcing a production freeze expected to continue into October and halting output across factories in the UK, Slovakia, Brazil and India. Suppliers face an existential threat because of just-in-time production schedules. Unions have called for a furlough scheme for affected workers. Ministers have not formally committed financial aid. Storage constraints and the risk of permanent sales losses complicate any purchase scheme.
Read at www.theguardian.com
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