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Road infrastructure in Europe increasingly fails to meet the requirements of a competitive economy due to a lack of investment. ‘The European Commission takes a significantly more realistic approach towards road transport in its recent review of Europe’s transport policy. Now, the new political framework must be followed by investment decisions”, said Paolo Monferino, chairman of the commercial vehicles board of the Association of European Automobile Manufacturers (ACEA), and CEO of IVECO Group.
Hanover, Germany, 20 September 2006. “The commercial vehicle and engines industry has achieved significant results in improving the environmental performance of their products. Now we need to emphasise the global availability of high-quality fuels as a significant condition for further progress.” This was said today by Paolo Monferino, the CEO of IVECO SpA, who chaired the 4th Global Commercial Vehicle Industry Meeting in Hannover. “Furthermore, future progress in environmental performanse, safety and efficiency of road transport requires sustained cooperation between industry, government and vehicle users in order to maintain the high level of achievements in the past”, Monferino added.