ACEA elects new president
The European Automobile Manufacturers’ Association (ACEA) has elected PSA Peugeot Citroën CEO Philippe Varin as its new president. Varin’s appointment to the role was made following an ACEA Board of Directors meeting on 6 December; he will lead the ACEA until the end of his mandate as CEO of PSA Peugeot Citroën. The Board will announce Varin’s successor at that time.
The ACEA presidency was previously held by Sergio Marchionne, CEO of Fiat SpA and chairman and CEO of Chrysler Group LLC. Mr Marchionne was voted in as ACEA president for the year 2012 and subsequently re-elected for 2013.