Tata Motors not in talks with Fiat for JLR technology
New Delhi, Feb 4 (UNI) A day after Fiat's chief executive Sergio Marchionne told UK's 'The Sunday Times' that sharing technology of Jaguar and Land Rover (JLR) can be possible if Tata acquires the brand, Tata Motors today said there is no discussions with Fiat on deployment of technologies developed by JLR.
''Tata Motors, which is engaged in focused and detailed negotiations with Ford on the Jaguar Land Rover business, clarified that the company has had no discussions with Fiat on deployment of technologies developed by Jaguar and Land Rover'', a statement said.
It added that the company is ''pleased by the progress in the discussions with Ford to date and hopes that both the parties can reach an agreement in the forthcoming weeks''.
Mr Marchionne had said that Fiat's close association with the Tatas will make it possible to share the Jaguar's rear-wheel drive chassis platforms and the Land Rover's four-wheel drive systems.
Tata Motors is currently in talks with Ford to acquire the two British marquee brands --Jaguar and Land Rover.
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