New York Times (October 6)
“For companies and governments worldwide, defending their digital operations is a constant challenge.” Recent cyberattacks at big British brands demonstrate how they can “upend company operations.” Marks & Spencer, Co-op, and Jaguar Land Rover have all been “severely disrupted by cyberattacks this year, bringing pain to the lives of customers, workers, suppliers and government officials.” In fact, “Jaguar Land Rover hasn’t built a single car” since shutting its systems down on September 1. This has halted “production at its factories in England, as well as sites in Brazil, China, India and Slovakia.”
Tags: Brazil, Challenge, China, Co-op, Companies, Customers, Cyberattacks, Defending, Digital, Governments, Jaguar Land Rover, Marks & Spencer, Officials, Operations, Suppliers, UK, Upend, Workers
Forbes (February 18)
“Drawn by generous incentives and the opportunity to sell directly into a unifying Europe, the car industry became a poster child for inward investment.” Now the survival of this industry in the UK is at stake. Honda’s scheduled plant closing “comes after last month’s announcement of up to 4,500 job losses at Jaguar Land Rover and news that Nissan’s new X-Trail model is to be made in Japan, not Sunderland.” Furthermore, “Toyota and Ford have warned of negative consequences in the case of Britain editing the European Union without a negotiated deal.”
Tags: Car industry, EU, Europe, Ford, Honda, Incentives, Investment, Jaguar Land Rover, Job losses, Nissan, Survival, Toyota, UK
