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JLR eyes cost cutting, wealthy US buyers in cyber attack recovery

June 17, 2026
Source: cityam.com cityam.com
News Snapshot:
Wednesday 17 June 2026 4:44 pm Jaguar Land Rover has ruled out quitting petrol cars (Dave Thompson/PA Wire) Jaguar Land Rover (JLR) plans to cut costs by £1.7bn and appeal to wealthy American petrol heads in a bid to recover the cost of last year’s devastating cyber attack. The British car maker, which owns brands including Range Rover and Defender, announced plans to tap into growing demand for luxury products and cater to wealthy consumers with its exclusive designs and tailored models.While the US is already JLR’s largest global market, the company said it is now prioritising North America. PB Balaji, chief...
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