Car industry

Car

Andrew Black

Business presenter, BBC Good Morning Scotland

Turo, which has now launched in Scotland, hopes to improve the environment by cutting vehicle ownership.

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PSA denies it is poised for JLR deal

Jaguar Land Rover car
AFP

French car group PSA - whose brands include Peugeot, Citroën, Opel and Vauxhall - has denied reports that it is close to buying Jaguar Land Rover.

Responding to the report, PSA said: "We deny this information.

"Groupe PSA is not in a hurry for any acquisition and can stand alone. We are generating the cashflow necessary to pay for our future."

However, the company added: "If an opportunity comes, like Opel-Vauxhall, we will consider it."