Devereux appointed auto industry president

Outgoing GM Holden managing director and chairman Alan Batey has handed over the reigns to Mike Devereux, also leaving the new man the presidency of the Federal Chamber of Automotive Industries (FCAI).

Wearing his FCAI hat (Devereux was sworn in on the afternoon of May 5, 2010), he will represent the automotive industry and work with the government on issues such as safety and environmental concerns.

"I am humbled to be elected to represent the Australian automotive industry as President of the FCAI," Mr Devereux said. "Since arriving here, I have been overwhelmed by the talent and capability within the local industry -- it's something you would expect to see in a country with a much larger population and industry than ours. I have said from the outset that my responsibility is to foster that talent and ensure the local industry remains fundamental to the Australian economy."

In his acceptance speech Devereaux also talked about the government's lack of incentives for motorists looking at buying electric cars.

"In Australia at the moment it's difficult for the respective brands to mount a valid business case for these vehicles when many other countries are already offering large incentives to consumers who buy these low-emission vehicles."

He stated that while his primary job is to make sure GM Holden turns a profit, he also recognised what his new role as the president of the FCAI entails.

"And while my role at Holden focuses solely on the designing, building and selling of motor vehicles, I want to assure you all that I stand here tonight as the representative for the entire industry -- manufacturers, importers, cars, light commercials and motorcycles.

"My time in Australia has been brief but I am overwhelmed by the talent and capability of the local industry," added Devereux.

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