Brussels, 10 January 2012 — Harrie Schippers, President of DAF Trucks, will chair the ACEA Commercial Vehicle Board in 2012. Schippers takes over from Alfredo Altavilla, CEO of IVECO S.p.A, who led the CV Board in 2011. The Commercial Vehicle Board elects a new Chairman every year.

“The year 2012 will be challenging in light of the uncertain development of the economies in major markets around the world and in particular in Europe, where it is extremely important that confidence in the Eurozone be restored”, said Schippers. “The European commercial vehicle industry strives to maintain its leadership in safety and environmental technologies, thereby contributing to sustainable growth in Europe and abroad. We need a stable environment to underpin our long-term investment strategies.”

A main priority for the commercial vehicle manufacturers remains the further improvement of fuel and energy efficiency in order to contribute to global CO2 emission reduction objectives. The industry, in particular, supports the European Commission’s efforts in establishing an accurate methodology for measuring full-vehicle CO2 emissions to underpin subsequent reduction policy tools.

The European commercial vehicle manufacturers have cut the fuel consumption of their products by more than a third since the 1970s and committed to a further 20% improvement in fuel efficiency by 2020 (compared to 2005 levels) despite the reverse pressure on fuel economy caused by parallel steps to reduce pollutant emissions.

The commercial vehicle industry is an important part of the European automobile industry and currently employs about 1.5 million people directly and indirectly in Europe. The members of the ACEA Commercial Vehicle Board are Daimler Trucks, DAF Trucks, IVECO S.p.A., MAN Truck & Bus, Scania, Volkswagen Commercial Vehicles and Volvo Group. They produce in over ten EU countries, including Germany, France, Italy, Spain, Sweden, the United Kingdom, Belgium, the Netherlands, Poland and the Czech Republic.

About Harrie Schippers

Harrie Schippers was elected President of DAF Trucks in 2010 and is Vice President of parent company PACCAR. Since he joined DAF Trucks in 1986, he has held financial positions in Operations, Marketing & Sales, Business Economics and as Group Controller. In 2003, Mr Schippers was appointed Director of Finance and Member of the Board of Management. Harrie Schippers has a master’s degree in economics at the University of Tilburg and completed the Stanford University executive program in 2007.

About ACEA

The European Automobile Manufacturers Association (ACEA) represents the interests of the major car, truck and bus manufacturers at EU level. Through ACEA, vehicle manufacturers readily share their specialist knowledge with the EU Institutions and other stakeholders to support effective and efficient policy making. ACEA, founded in 1991, also provides clear and factual information to the public-at-large on the automobile industry and its contribution to society. As announced on 2 December 2011, Sergio Marchionne, Head of Fiat S.p.A, will serve as ACEA President in 2012.

The ACEA members are BMW Group, DAF Trucks, Daimler, FIAT S.p.A., Ford of Europe, General Motors Europe, Hyundai Motor Europe, IVECO S.p.A, Jaguar Land Rover, MAN Truck & Bus, Porsche, PSA Peugeot Citroën, Renault Group, Scania, Toyota Motor Europe, Volkswagen Group, Volvo Car Corporation and Volvo Group.