Sergio Marchionne's right 
						hand man Alfredo Altavilla is elected Chairman of ACEA's 
						Commercial Vehicle Board while rumours go wild over a 
						Fiat Industrial acquisition of VW's commercial vehicle 
						interests in MAN and Scania.
						The Commercial Vehicle 
						Board of the European Automobile Manufacturers’ 
						Association (ACEA) has elected Alfredo Altavilla as its 
						new Chairman for 2011. Altavilla is CEO of Iveco. At 
						ACEA, he takes over from Leif Johansson, CEO of Volvo 
						Group, who was ACEA Commercial Vehicle Chairman during 
						2010. 
						“I look forward to 
						further intensify our dialogue with the European 
						Institutions on behalf of the European truck, van and 
						bus manufacturers, and I thank Mr Johansson for his 
						valuable work in 2010”, said Altavilla. “A main priority 
						in 2011 for the commercial vehicle sector remains the 
						achievement of a full recovery from the financial and 
						economic crisis. Our sector was hit harder than most, 
						and it will take a number of years before we return to 
						pre-crisis levels. However, we are positive and 
						confident to maintain our position as technology leaders 
						around the world”. 
						In 2010, heavy-duty 
						vehicle production continued to decrease in the first 
						quarter before rising by 57% and 66% in the second and 
						third, sharply contrasting with the crisis-marked levels 
						of 2009. Overall, truck production remained considerably 
						below the levels of 2008 (-53% over the first three 
						quarters). The market situation remains difficult 
						especially in Eastern and Southern Europe, whereas in 
						other parts of Europe, as well as in the US, the outlook 
						is better. Asian and Latin American markets are doing 
						extremely well. 
						“We call on policy 
						makers to deploy all possible means to ensure a 
						supportive regulatory and business environment in 
						Europe”, added Altavilla in the ACEA statement, 
						“addressing issues from access to capital to 
						strengthening funding for R&D. Special attention should 
						also be given to the difficulties experienced by vehicle 
						industry suppliers due to reduced production levels. In 
						particular, policy makers should consider measures to 
						encourage fleet renewal. This would sustain our 
						substantial contribution to improving the environmental 
						performance of road transport and contributing to 
						improving road safety”. 
						Alfredo Altavilla, 47, 
						is CEO of Iveco, a company of Fiat Industrial, since 
						November 2010. He joined Fiat Auto in 1990 and has been 
						in charge of Business Development since 2001 with, 
						subsequently, responsibility for the management of Fiat 
						Group alliances. In September 2004, he was appointed 
						Chairman of FGP (Fiat/GM Powertrain JV) and Senior Vice 
						President of Business Development of Fiat Auto. In 
						addition, in July 2005, he was appointed Chief Executive 
						Officer of Tofas, listed on the Istanbul stock exchange. 
						In November 2006, he was named CEO of Fiat Powertrain 
						Technologies and became a member of the Group Executive 
						Council of the Fiat Group. In July 2009, he joined the 
						Board of Directors of Chrysler Group and in October 
						2009, was named Executive Vice President of Business 
						Development of the Fiat Group.
						Meanwhile the media 
						has gone into overdrive over remarks Sergio Marchionne 
						has made at the Detroit Auto Show this week. "We’re not 
						a seller of assets but at Fiat [Industrial] we are 
						potentially acquirers, if Volkswagen wants to divest its 
						truck assets," remarked the Fiat Industrial Chairman to 
						reporters. With Fiat's lack of financial resources and 
						the over $13 billion valuation of the two stakes VW has 
						in MAN and Scania, not to mention their profitability, 
						Marchionne, generally seen as a CEO more associated with 
						talk than results, was most probably biting back at VW's 
						regular shows of interest in acquiring the Alfa Romeo 
						brand. In Detroit VW CEO Martin Winterkorn said that 
						Alfa Romeo was "nice and interesting", his latest 
						comments in his long running interest in the faded 
						sports brand.