Brussels, 12 May 2014 - The Board of Directors of the European Automobile Manufacturers' Association (ACEA) has elected Carlos Ghosn, Chairman and CEO of Renault, as its new President.
Mr Ghosn takes over from Philippe Varin, former Chairman of the Board of Management of PSA Peugeot Citroën. This change is effective immediately.
ACEA Secretary General Erik Jonnaert said: "Mr Ghosn will lead ACEA through an important period of political transition in Europe. Under his presidency, ACEA will continue to focus on its key policy recommendations, which are to drive innovation, to foster growth through international trade and to call for a supportive regulatory framework. On behalf of ACEA’s Board, we wish to thank Mr Varin for his strong leadership of the association over the past months.”
About Carlos Ghosn:
Carlos Ghosn joined Michelin in 1978 as Plant Manager in Le Puy, France, before being appointed Head of Research and Development for industrial tyres in Ladoux, France. He became Chief Operating Officer of Michelin's South American operations, then Chairman and Chief Executive Officer of Michelin North America in 1990.
Mr Ghosn joined Renault as Executive Vice President in 1996 and was appointed Chief Operating Officer of Nissan Motors in June 1999, thereafter becoming President in 2000 and Chief Executive Officer in 2001. Mr Ghosn has been Chairman and CEO of Renault since May 2005. He remains President and CEO of Nissan, and Chairman and CEO of Renault Nissan Alliance.
Carlos Ghosn was previously ACEA President in 2009.
Notes for editors
ACEA’s members are BMW Group, DAF Trucks, Daimler, FIAT SpA, Ford of Europe, General Motors Europe, Hyundai Motor Europe, IVECO SpA, Jaguar Land Rover, PSA Peugeot Citroën, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, Volvo Group. More information can be found on www.acea.be.
Facts about the EU automobile industry
- Some 12.9 million people - or 5.3% of the EU employed population - work in the sector.
- The 3 million jobs in automotive manufacturing represent 10% of EU's manufacturing employment.
- Motor vehicles account for €387 billion in tax contribution in the EU15.
- The sector is also a key driver of knowledge and innovation, representing Europe's largest private contributor to R&D, with €32 billion invested annually.
- The automotive sector contributes significantly to the EU trade balance with a €95.7 billion surplus.
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