Finance

Stellantis to rejoin ACEA auto manufacturers association

Published by Global Banking & Finance Review

Posted on December 6, 2024

1 min read

· Last updated: January 27, 2026

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Stellantis rejoining ACEA symbolizes strategic shift in automotive industry - Global Banking & Finance Review
This image captures Stellantis's logo, representing the automaker's decision to rejoin ACEA. This strategic move indicates a shift in its electrification plans, reflecting broader trends in the automotive industry.
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Stellantis to Rejoin ACEA, Signaling a Strategic Shift

MILAN (Reuters) - Stellantis on Friday said it planned to rejoin European auto lobby ACEA, which it had left at the beginning of 2023, in a move that might flag a more cautious stance for the automaker on its electrification plans.

"Stellantis, Europe's second largest carmaker, confirms that it intends to apply for membership of ACEA," the group said in a statement.

The European Automobile Manufacturers Association, widely known by its French acronym ACEA, has been the industry's main lobbying group since its creation in 1991, uniting Europe's car, truck, van and bus makers.

Stellantis had left the group following a decision by its former CEO Carlos Tavares.

Tavares, who resigned early this week, has recently opposed ACEA proposal to delay European Union fines for automakers which would not meet intermediate carbon reduction targets set for 2025.

(Reporting by Giulio Piovaccari; writing by Angelo Amante; Editing by Nick Zieminski)

Key Takeaways

  • Stellantis plans to rejoin ACEA after leaving in early 2023.
  • The move may indicate a cautious approach to electrification.
  • ACEA is a major lobbying group for European auto manufacturers.
  • Former CEO Carlos Tavares opposed ACEA's carbon target proposals.
  • Stellantis is Europe's second-largest carmaker.

Frequently Asked Questions

What is the main topic?
The main topic is Stellantis's decision to rejoin the ACEA, signaling a potential strategic shift in its electrification plans.
Why did Stellantis leave ACEA?
Stellantis left ACEA following a decision by its former CEO Carlos Tavares, who opposed ACEA's carbon target proposals.
What is ACEA?
ACEA is the European Automobile Manufacturers Association, a major lobbying group for the auto industry in Europe.

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