Tata Motors says it is not selling Jaguar Land Rover to PSA group

Indian company says 'there is no truth to these rumours'

09 May 2019 - 17:55 By Reuters
Tata Motors says that it is not considering putting JLR up for sale.
Tata Motors says that it is not considering putting JLR up for sale.
Image: JLR

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.


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