The Board of Directors of ACEA, the European Automobile Manufacturers’ Association, has elected Carlos Ghosn as its new president.
Carlos Ghosn, CEO of Renault, will take over from Christian Streiff, CEO of PSA Peugeot Citroën, on 1 January 2009.
“The global automotive industry is facing two significant challenges with a severe financial meltdown twinned with an economic recession, and a major transition to low-emission vehicles. In this context, an effective dialogue with EU institutions and governments is more important than ever,” said Carlos Ghosn, reflecting on the expected priorities of his term as ACEA President.
Carlos Ghosn reiterated the automotive industry’s call for normalisation of credits markets, financial support to strategic investments and a range of national incentives to boost the market. “It is vital that our industry can keep fulfilling its key role in Europe in terms of growth, investments, employment and technological leadership.”
“It is essential that ACEA continues to express a shared, clear and strong vision on the many issues affecting the automobile industry, especially at a time when it faces an unprecedented crisis.” added Christian Streiff.