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Tata Motors dismisses report of sale of Jaguar Land Rover, says no truth

A Press Association report claimed sale of Jaguar Land Rover to a french company. Tata says no truth in these rumours.

Jaguar Land Rover
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Jaguar Land Rover.

Reuters London
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.