The new president of ACEA (the European auto industry's lobbying body) is Sergio Marchionne, the CEO of both Fiat and Chrysler. He succeeds Daimler chief Dieter Zetsche. Marchionne will start taking on the responsibilities of this role on January 1. He said that ACEA’s focus in 2012 would be on “European industrial policy, sustainable mobility and transport, and international trade relations.”
He said that these issues are related since the capacity of the industry to invest and innovate relies on a “strong, competitive manufacturing base in Europe.” He said that the auto industry in Europe is faced with a “difficult year” ahead of it, especially if Europe won’t be able to find a solution to its sovereign-debt issues. ACEA, which is based in Brussels, concerns itself with the interests of the 15 European car, truck and bus manufacturers with European regulators.
Since 2003, the 59-year-old Marchionne had been a member of the Fiat management board member. He was named the CEO in 2004. In 2009, he was appointed the CEO of Chrysler Group. And in 2011, he became its chairman as well.