Toyota Becomes A Member Of The European Automobile Manufacturers Association

Confirming earlier reports this month the Board of Directors of ACEA announced that it has recommended accepting the application of Toyota Motor Europe (TME) to become a full member of the European Automobile Manufacturers Association. For protocol reasons ACEA notes that, the formal decision will be taken June 8 at the ACEA general assembly with TME membership staring in January 2008. -Continued after the jump

Commenting on the decision, Sergio Marchionne, President of ACEA and CEO of Fiat said, “The ACEA members believe Toyota Motor Europe will make a valuable contribution to the work of our association. Europe needs a strong automobile industry. Gathering the main players in one industry body ensures effective communication with our key interlocutors in the EU on all issues of common interest, such as the environment, road safety, better regulation and improving the competitive strength of the European economy.”

The ACEA current members are: BMW Group, DAF Trucks, DaimlerChrysler, FIAT, Ford of Europe, General Motors Europe, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Volkswagen and Volvo.

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