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

  • Sampo Hietanen: “Why BP investment in MaaS Global is a good thing”
    November 26, 2019
    As a multinational oil giant, BP might not seem like the greenest choice for sustainable mobility provider and Whim owner MaaS Global. Sampo Hietanen explains his reasoning...
  • NHTSA to add automatic braking systems vehicle safety features
    January 23, 2015
    US Transportation Secretary Anthony Foxx has announced that the National Highway Traffic Safety Administration plans to add two cutting-edge automatic emergency braking systems to the recommended advanced safety features included under its New Car Assessment Program (NCAP) – the latest step in a half-century of safety innovations that have saved more than 600,000 lives, according to new NHTSA research. The agency plans to continue to encourage development and commercialization of additional promising saf
  • European EV charging infrastructure market set to boom
    May 16, 2012
    Electric vehicles (EVs) have gained significant attention over the last few years from various European governments as they look to promote the deployment of EV charging infrastructure. According to new analysis from Frost & Sullivan, contained in 'Strategic Analysis of the European EV Charging Station Infrastructure' there are strong indicators that the EV market will grow from less than 10,000 public charging points in 2010 to close to two million public charging points by 2017. Some three per cent of thi
  • Digital Single Market: FIA demands data protection regulation for connected cars
    January 20, 2016
    The European Parliament is to adopt the ‘Towards a Digital Single Market Act’ as a follow-up to the digital single market strategy for Europe presented by the Commission. The report emphasises the need for the EU to embrace the potential of the information and communications technology (ICT) sector to digitise the industry and maintain global competitiveness. Jacob Bangsgaard, FIA Region I director general said: “Mobility-related applications will in the coming years have a tremendous impact on the way