Skip to main content

Let the market decide on green technologies - Global Automakers

“To encourage wider deployment of green technologies, including innovations that our members have on display at the Washington Auto Show this week, the government should not pick winners and losers but let the marketplace decide,” said Global Automakers’ president and CEO Michael J. Stanton, whose association represents 15 international automobile manufacturers.
May 21, 2012 Read time: 2 mins
“To encourage wider deployment of green technologies, including innovations that our members have on display at the Washington Auto Show this week, the government should not pick winners and losers but let the marketplace decide,” said Global Automakers’ president and CEO Michael J. Stanton, whose association represents 15 international automobile manufacturers.

As Stanton points out, Global Automakers’ members have long led the industry in the development and deployment of green technologies. These companies brought the first hybrids to American consumers in 1999 and today account for 82 per cent of the US hybrid market. This week’s Washington Auto Show is highlighting the latest green innovations automakers have developed.

“Hybrids are just one of the many technologies our members are aggressively pursuing to reduce CO2 emissions in order to protect the environment and lessen our nation’s reliance on fossil fuels,” said Stanton. “From fuel cells, to plug-in hybrids and pure electric, the vehicles on display this week are the result of millions of R&D dollars that our members continue to invest to reduce the environmental footprint of their vehicles and to meet or exceed government regulations.”

The 4946 Association of Global Automakers, formerly known as the Association of International Automobile Manufacturers (AIAM), represents international motor vehicle manufacturers, original equipment suppliers, and other automotive-related trade associations. Its members’ market share of both US sales and production is 40 per cent and growing.

For more information on companies in this article

Related Content

  • CES 2021 | Connecting cities
    March 1, 2021
    Covid-19 forced the Las Vegas Convention Center to close its doors for CES 2021, but the trade show’s online debut suggests the pandemic is helping cities
  • US automakers commit to making AEB standard on new vehicles
    March 18, 2016
    Twenty US automakers, representing more than 90 per cent of the US auto market have committed to automatic emergency braking (AEB) a standard feature on virtually all new cars no later than 2022. Making the announcement, the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) said that the commitment means that this important safety technology will be available to more consumers more quickly than would be possible
  • Volkswagen Group announces electrification initiative with ‘Roadmap E’
    September 12, 2017
    The Volkswagen Group is using the 2017 IAA international motor show in Frankfurt, Germany to launch its comprehensive electrification initiative, ‘Roadmap E’ and aims to have electrified its entire model portfolio by 2030 at the latest. The Group brands will bring a total of over 80 new electrified models to customers by 2025, including some 50 purely battery-powered vehicles and 30 plug-in hybrids. This figure will then increase over subsequent years until there is at least one electrified version for e
  • ITF Corporate Partnership Board projects highlight ways forward
    October 29, 2014
    The findings of the first four projects launched by the ITF Corporate Partnership Board (CPB), the organisation's platform for engaging with the private sector, have been announced. CPB projects are designed to enrich policy discussion with a business perspective. They are launched in areas where CPB member companies identify an emerging issue in transport policy or an innovation challenge to the transport system. Led by ITF, work is carried out in collaborative fashion in working groups consisting of CP