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

  • USDoT Intersection Safety Challenge moves to next level
    January 9, 2025
    Derq & Miovision among organisations through to next round of competition
  • Cimcon Lighting awarded Elexon approval
    April 9, 2013
    The LightingGale centralised street light management system developed by intelligent street light management solutions provider Cimcon Lighting has been approved by the UK’s Supplier Volume Allocation Group (SVG) under the UK’s Balancing and Settlement Code (BSC) for use in Settlement. Administered by Elexon, the BSC defines and governs the “balancing mechanism and imbalance settlement processes” for electricity in the Great Britain, and is vital to the successful operation of Great Britain’s electricity tr
  • Oregon trials road user charging
    February 11, 2013
    In Oregon, gas-tax money funds about 58 per cent of the budget used to take care of the state’s roads. As vehicles become more fuel efficient, the gas tax, which is 30 cents a gallon in Oregon and 37 cents in Washington, will generate less and less money. “If we’re using gasoline and diesel sales to fund our transportation system, we’re going to be in big trouble,” said Patrick Cooney of the Oregon Department of Transportation (ODOT). Recognizing the problem early, Oregon started studying alternatives to th
  • European Truck Platooning Challenge gets under way
    April 6, 2016
    Something huge in the field of connected vehicle technology and automated driving, which is grabbing headlines around the world, will arrive here at Intertraffic Amsterdam later today. Dirk-Jan de Bruijn, programme director of the European Truck Platooning Challenge 2016, sets the scene and looks to the future.