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ACEA

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    Carlos Ghosn named president of European Automobile Manufacturers' Association
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    Carlos Ghosn for President! Well, President of The European Automobile Manufacturers' Association, or ACEA. The head man at the Nissan/Renault has been elected by the ACEA to act as its very own Knight in Shining Armor starting on January 1, 2009.Ghosn will replace Christian Streiff, CEO of PSA ...

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    Euro carmakers want billions in loans, too
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    This week, Detroit got its $25B bailout loan approved by Washington, and according to The Wall Street Journal, European carmakers are making like this is a game of "Simon Says." The Journal reports that Fiat has proposed the idea of hitting up the European Commission for €40 billion ($55B USD) ...

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