Luxury car maker Jaguar Land Rover said Tuesday that it will not resume vehicle manufacturing operations until at least September 24th due to a cyber attack earlier this month.
In a new statement, the company said it had notified its colleagues, suppliers and partners that production halts will expand in the third week.
The company said this was due to a “controlled reopening of its time-consuming global business.”
Laura Savvas, a spokesman for Jaguar Land Rover, owned by Indian giant Tata Motors, refused to provide more updates when TechCrunch reached it.
The BBC reports that IT and manufacturing shutdowns are estimated to cost at least £50 million (approximately $68 million) per week on losses in production, as the company is unable to produce 1,000 vehicles a week, but estimates differ. Every day in the UK, Telegraph reported an estimated loss of £72 million (nearly $100 million).
According to the BBC, Jaguar Land Rover suppliers are worried about not being able to manage such a long shutdown and fearing bankruptcy.