Philippe Varin is new ACEA President

The European Automobile Manufacturers’ Association (ACEA) has elected Mr. Philippe Varin, CEO of PSA Peugeot Citroën, as its newACEA-PhilippeVarin-pic-1 President.

Mr. Varin will lead ACEA until the end of his mandate as CEO of PSA Peugeot Citroën. The ACMA Board will announce his successor at that time.

The presidency of ACEA was previously held by Mr. Sergio Marchionne, CEO of Fiat SpA and Chairman and CEO of Chrysler Group LLC. He was voted in as ACEA President for 2012 and subsequently re-elected for 2013.