Jaguar Land Rover Profit Wiped Out by Cyberattack and US Tariffs

Jaguar Land Rover’s profit was almost entirely erased last year as the British luxury-car maker tries to recover from the impact of US tariffs, a demand slump in China and a cyberattack that roiled production.

The manufacturer of Range Rover sport utility vehicles on Thursday reported a pretax profit of £14 million ($19 million) for the 12 months through March, down from £2.5 billion a year earlier.