To say that there was some speculation surrounding Volkswagen CEO Matthias Müller’s response to a potential partnership with Fiat Chrysler Automotive would be a severe understatement.

Müller said there had been no contact between he and FCA CEO Sergio Marchionne, but he’d not ruled anything out. He seemed to have an indifference about the subject, which left plenty of room to let minds wander.

According to Automotive News’ Larry P. Vellequette, that’s not the whole story.

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Matthias Müller, CEO of Volkswagen Group, said in a press conference he hasn’t excluded the possibility of a merger with Fiat Chrysler Automotive.

Müller said, “There has been no contact at this point between (CEO of FCA) Mr. Marchionne and me, but I have never said I would exclude it.”

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