India's Tata Motors said on Thursday there was no truth to a report saying ...
The logo of Tata Motors is pictured at at the 37th Bangkok International Motor Show in Bangkok, Thailand, March 22, 2016. REUTERS/Chaiwat Subprasom/File Photo
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 rumors,” a Tata Motors spokesperson said.
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