Finance

ACEA auto makers body picks Mercedes' Ola Källenius as president

Published by Global Banking & Finance Review

Posted on December 11, 2024

1 min read

· Last updated: March 1, 2026

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(Reuters) - The European Automobile Manufacturers Association (ACEA) appointed Mercedes Chairman Ola Källenius as its new president, the industry lobbying group said on Wednesday. The ACEA said it

Mercedes' Ola Källenius Appointed as New ACEA President

(Reuters) - The European Automobile Manufacturers Association (ACEA) appointed Mercedes Chairman Ola Källenius as its new president, the industry lobbying group said on Wednesday.

The ACEA said it also approved the return on Jan. 1 of Stellantis, which had left the organisation at the beginning of 2023.

"Welcoming Stellantis back to ACEA is a signal that the industry is stronger when acting with a common voice", Renault CEO and outgoing ACEA President Luca de Meo said in a statement.

The ACEA will now focus on improving regulatory conditions, working towards decarbonisation and championing free, fair and rule-based international trade, Källenius said in the statement.

"I'm confident the EU automotive industry has what it takes to succeed in the global competition", he said.

(Reporting by Alessandro Parodi, Editing by Louise Heavens)

Key Takeaways

  • Ola Källenius of Mercedes is the new ACEA president.
  • Stellantis rejoins ACEA after a brief departure.
  • ACEA aims to improve regulatory conditions.
  • Focus on decarbonisation and fair trade.
  • EU automotive industry poised for global success.

Frequently Asked Questions

What is the main topic?
The appointment of Mercedes' Ola Källenius as the new president of the European Automobile Manufacturers Association (ACEA).
What is ACEA's focus under the new president?
ACEA will focus on improving regulatory conditions, working towards decarbonisation, and promoting fair international trade.
What change occurred with Stellantis?
Stellantis rejoined ACEA after leaving at the beginning of 2023, indicating stronger industry collaboration.

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