Carlos Tavares re-elected ACEA President for 2019
Brussels, 7 December 2018 – Today, the Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has re-elected Carlos Tavares as its President for the year 2019.
Mr Tavares, who is Chairman of the Managing Board of Groupe PSA, was elected unanimously to lead ACEA for a second year, on the proposal of the Board of Directors.
ACEA’s President is elected for a year-long term from the CEOs, Presidents and Chairmen of its member companies, with the possibility of re-election once.
Notes for editors
Carlos Tavares, a graduate of Ecole Centrale de Paris, held a number of different positions with the Renault Group from 1981 to 2004, before joining Nissan where he served as Executive Vice President, Chairman of the Management Committee Americas and President of Nissan North America from 2009. He was named Group Chief Operating Office of Renault in 2011. Mr Tavares was appointed Chairman of the Managing Board of Groupe PSA in March 2014.
- The European Automobile Manufacturers’ Association (ACEA) represents the 16 major Europe-based car, van, truck and bus makers: BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, Jaguar Land Rover, Mercedes-Benz, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Cara McLaughlin, Communications Director, firstname.lastname@example.org, +32 485 88 66 47.
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About the EU automobile industry
- 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €76.3 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.