The European Automobile Manufacturers’ Association (ACEA) has elected Philippe Varin, CEO of PSA Peugeot Citroën, as its new President. The announcement came following a meeting of the ACEA Board of Directors.
Varin will lead ACEA, as of January 1, 2014 until the end of his mandate as CEO of PSA Peugeot Citroën. The Board will announce Varin’s successor at that time.
The annual presidency of ACEA was previously held by Sergio Marchionne, CEO of Fiat SpA and CEO and Chairman of Chrysler Group LLC. Mr Marchionne was voted in as ACEA President for the year 2012 and subsequently re-elected for 2013.
Members of the ACEA include 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 and Volvo Group.