Peugeot says has no fear of Fiat-Opel tie-paper

MILAN, May 11 (Reuters) - PSA Peugeot Citroen (PEUP.PA) has no fear of a possible alliance between Italian car maker Fiat (FIA.MI) and General Motors's GM.N German brand, Opel, a Peugeot board director said.

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

"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," the executive said in the newspaper.

"In periods like this, of scarce liquidity, the best thing is to concentrate resources on few and selected activities: renewing products, strengthening the network and satisfying clients," he said.

Collin said Peugeot would introduce electric city cars at the end of 2010. (Reporting by Danilo Masoni; editing by Mike Nesbit)