Tata Motors not eyeing Ford's Mazda stake

Reuters
Posted: 2008-10-13 14:37:41+05:30 IST
Updated: Oct 13, 2008 at 1437 hrs IST

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Tata Motors is not in talks to buy Ford's stake in Japan's Mazda Motor Co, a company spokesman said on Monday.

"There have been reports in the media that Tata Motors is among potential buyers for shares in Mazda Motors. Tata Motors clarifies that the report is incorrect," spokesman Debasis Ray said.

Tata Motors, India's top vehicle maker, bought the Jaguar and Land Rover from Ford earlier this year for $2.3 billion.

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Tata Motors not eyeing Ford's Mazda stake

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