PSA open to a Jaguar Land Rover takeover - report

Peugeot Citroen has confirmed it's considering a merger with (or acquisition of) struggling Jaguar Land Rover, provided the British marques wouldn't prove too much of a distraction. Speaking with Autocar India, PSA Group boss Carlos Tavares said the company is "considering all opportunities" when it comes to takeovers and mergers. He confirmed it would be good for PSA to have a luxury brand under its umbrella, too, arguing "if there are opportunities, of course, we will consider it".

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