Jaguar Land Rover CEO denies holding talks over sale to Peugeot

Ralf Speth says he did not discuss possible tie-up with head of
France’s PSA Group

Jaguar Land Rover’s chief executive has denied the carmaker is
in talks with Peugeot over a possible sale.

The British company’s Indian owner, Tata Motors, was last week

forced to deny reports
of advanced talks with France’s PSA
Group, which owns Peugeot, Citroën and Vauxhall. The Press
Association reported a “post-sale integration document” was
passed around senior executives at the companies, detailing the
potential benefits of a tie-up.

Source: FS – All-News2-Economy
Jaguar Land Rover CEO denies holding talks over sale to Peugeot