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No truth in speculation of Jaguar Land Rover sale: Tata Motors

No truth in speculation of Jaguar Land Rover sale: Tata Motors

Land Rover

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, reported news agency Reuters.

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," the Reuters report said quoting a Tata Motors spokesperson.

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(With inputs from Reuters)