Workflow
Land Rover Defender
icon
Search documents
Jaguar Land Rover Restarts Production; Provides Lifeline to Critical Suppliers
Yahoo Finance· 2025-10-07 15:57
Manufacturing Restart - Jaguar Land Rover (JLR) has restarted manufacturing after a cyberattack that halted production for over a month, beginning with two plants in the West Midlands [1] - Employees are returning to work at stamping operations in Castle Bromwich, Halewood, and Solihull, as well as body and paint shops in Solihull [2] Production Plans - JLR plans to restart vehicle manufacturing in Nitra, Slovakia, and reopen Range Rover lines in Solihull this week, with Halewood plant next in line [3] Financial Impact - The cyberattack has cost JLR nearly $7 million in profits daily, pushing some suppliers to the brink of collapse [3] - JLR's Q2 FY26 sales figures show wholesales down 24.2% and retail down 17.1% compared to the same period last year, impacted by the cyber incident and the wind down of legacy Jaguar models [7] Supplier Payment Initiatives - JLR has introduced a new financing scheme to pay suppliers upfront, improving cash flow by accelerating payments by up to 120 days compared to standard terms [5] - The company will reimburse financing costs for suppliers participating in the payment program during the restart phase, starting with critical suppliers [6]
ECD Unleashes Its Most Powerful Defender Yet
Globenewswire· 2025-05-13 12:15
Core Insights - ECD Auto Design has introduced a new 700+ horsepower BLUEPRINT V8 engine, available as an upgrade for the Defender lineup and Range Rover Classic builds, marking a significant enhancement in performance options for luxury SUVs [2][9]. Company Overview - ECD Auto Design is a public company listed on NASDAQ under the ticker ECDA, specializing in the restoration of luxury vehicles, combining classic aesthetics with modern performance [10]. - Founded in 2013 by three British automotive enthusiasts, the company operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 105 skilled craftsmen with extensive certifications [10]. Product Development - The new BLUEPRINT V8 engine is a response to client demand, integrating decades of experience with LS-based drivetrains to deliver a powerful yet classic driving experience [3][4]. - Key upgrades for the 700+ HP configuration include a new front-end rotating assembly, enhanced cooling systems, upgraded transmission and differentials, and refined ECU tuning [7][5]. Market Positioning - The 700HP option is designed for clients seeking a blend of classic design and modern performance, appealing to performance-focused collectors and luxury clients [9][8]. - ECD emphasizes a bespoke process, allowing clients to customize their vehicles extensively, with each build taking approximately 2,200 hours to complete [10].