Former Michelin Man Carlos Ghosn Elected 2009 ACEA President
The Board of Directors of the European Automobile Manufacturers’ Association (ACEA), has elected Carlos Ghosn as its new president. Ghosn, CEO of Renault, will take over from Christian Streiff, CEO of PSA Peugeot Citroën, on 1 January 2009. Ghosn, whose extensive experience in the industry includes some two decades with Michelin, has held in current position as president and CEO of Renault since 2005.
“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 Ghosn, reflecting on the expected priorities of his term as ACEA president. He 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.”