Tata Motors says no truth in speculation of Jaguar Land Rover sale

FILE PHOTO: The Jaguar logo is pictured at a Jaguar Land Rover showroom in Mumbai February 13, 2013. REUTERS/Vivek Prakash/File Photo - Copyright Vivek Prakash(Reuters)

By Reuters

Published on 09/05/2019 - 15:04•Updated 25/04/2024 - 10:22

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LONDON (Reuters) - India's Tata Motors said on Thursday there was no truth to a report saying a sale of Jaguar Land Rover to French automotive group PSA could be imminent.

The Press Association said leaked information suggested a sale could be imminent, citing a "post-sale integration document", which outlines the benefits of the two companies joining forces.

"As a matter of policy, we do not comment on media speculation. But we can confirm there is no truth to these rumours," a Tata Motors spokesperson said.

(Reporting by Paul Sandle. Editing by Andrew MacAskill)

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