Brussels, 4 January 2012 – The European automobile manufacturers’ association ACEA welcomes two new members to the organisation: Hyundai Motor Europe and IVECO S.p.A. In line with the decision taken by the association’s General Assembly in June last year, membership of Hyundai and IVECO has taken effect on the 1st of January 2012.
The membership of Hyundai follows a period of already intensified cooperation between ACEA and the company, during which experts from Hyundai began to participate in numerous ACEA working groups. The formal membership decision was taken and communicated on 9 June 2011. The membership of IVECO mirrors the demerger of the companies Fiat S.p.A. and Fiat Industrial S.p.A. in early 2011. IVECO already played a distinct role within ACEA as a member of the association’s Commercial Vehicle Board.
About ACEA The automobile industry is key to the strength and competitiveness of Europe and provides direct and indirect employment to more than 12 million families in the region. Annually, the sector invests over € 30 billion in R&D, which makes it the largest private investor in R&D in Europe. The European Automobile Manufacturers Association (ACEA) represents the interests of the major car, truck and bus manufacturers at EU level. Through ACEA, vehicle manufacturers readily share their specialist knowledge with the EU Institutions and other stakeholders to support effective and efficient policy making. ACEA, founded in 1991, also provides clear and factual information to the public-at-large on the automobile industry and its contribution to society. The ACEA members are BMW Group, DAF Trucks, Daimler, FIAT S.p.A., Ford of Europe, General Motors Europe, Hyundai Motor Europe, IVECO S.p.A, Jaguar Land Rover, MAN Truck & Bus, Porsche, PSA Peugeot Citroën, Renault Group, Scania, Toyota Motor Europe, Volkswagen Group, Volvo Car Corporation and Volvo Group.