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Tata Motors denies speculation over Jaguar Land Rover sale

Easterneye.Biz Staff
By Easterneye.Biz StaffMay 09, 2019
Easterneye.Biz Staff
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INDIA'S Tata Motors said on today (9) that 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.

(Reuters)

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