The European Automobile Manufacturers' Association (abbreviated ACEA in French) is an industry group representing all the biggest automakers in Europe, representing their common interests on the world stage. And as such it needs a leader, figurehead and mouthpiece to serve as its president, and for the second time the association's board of directors has chosen Carlos Ghosn.
Vehicles powered by compressed natural gas (CNG) and liquefied petroleum gas (LPG) aren't quite as exciting as cars that pack a big battery pack, but there's a good chance the gas-burners will play an increasing role in our transportation choice moving forward. Like 1,150,000 big.
Recently the members of ACEA, the European Automobile Manufacturers Association have had diverging positions on CO2 limits being proposed by the European Union. While most are developing new vehicles to meet the proposed regulations, some like Porsche have gone as far as threatening to leave the European market if the new limits are made mandatory.
Over the 9 year span from 1995 to 2004, European, Japanese and Korean automakers have reduced their carbon dioxide emissions by, on average, 12.4 percent in Europe. However, they still run the risk of falling short of meeting their voluntary target of reducing emissions 25 percent by 2008 for the European manufacturers and 2009 for the Asian car makers.