Cyber Attack, New Tax: UK Car Production Plummets

Markets & Money Today | 2 Min News | The Daily News Now! - Podcast autorstwa The Daily News Now! - Piątki

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UK car production plummets to a seventy-year low due to a cyber attack on Jaguar Land Rover, the countrys largest carmaker. The attack forced the company to shut down factories for five weeks, leaving many suppliers in a difficult position. The Society of Motor Manufacturers and Traders criticizes the governments new pay-per-mile levy on electric vehicles, arguing it will hurt demand for electric cars. The crisis has led to renewed criticism of the governments policies and calls for financial help for smaller companies providing parts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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