MILAN (Reuters) - Fiat
The Peugeot clan, one of Europe's three surviving car dynasties, and beleaguered chief executive Philippe Varin turned to 7 percent shareholder GM
The family's recognition that it may need to surrender control could lead to wide consolidation in Europe's loss-making car industry and plant closures.
Asked if he had held talks with the Peugeot family, Elkann said: "No."
"As we've said before, certainly if we were presented with an interesting (partnership) opportunity, we would be open to considering it," he said.
(Reporting by Jennifer Clark; Editing by David Cowell)