PSA Peugeot Citroen does not fear a possible alliance between Fiat and Opel, a Peugeot director has said.

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In an interview published on Monday in Italy’s La Repubblica newspaper, Jean-Philip Collin said it was better to focus resources on products, distribution network and customers in this current global financial crisis, Reuters reported.


“We do not fear a possible alliance between Fiat and Opel. The car world is certainly not in its first phase of consolidation, we have always been working in a competitive scenario,” Collin was quoted as saying.


“In periods like this, of scarce liquidity, the best thing is to concentrate resources on few and selected activities: renewing products, strengthening the [dealer] network and satisfying clients,” he added.


Collin also said Peugeot would introduce electric city cars at the end of 2010.

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Renault is expected also to start selling pure electric vehicles next year.

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