Finance
Stellantis to rejoin ACEA auto manufacturers association
Published by Global Banking & Finance Review®
Posted on December 6, 2024
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 6, 2024
1 min readLast updated: January 27, 2026
Stellantis plans to rejoin ACEA, hinting at a strategic shift in its electrification approach. The move follows the departure of former CEO Carlos Tavares.
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)
The main topic is Stellantis's decision to rejoin the ACEA, signaling a potential strategic shift in its electrification plans.
Stellantis left ACEA following a decision by its former CEO Carlos Tavares, who opposed ACEA's carbon target proposals.
ACEA is the European Automobile Manufacturers Association, a major lobbying group for the auto industry in Europe.
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