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

  • Mobileye plans AV people movers for US
    February 22, 2022
    Intel firm partners with Benteler and Beep for first- and last-mile use cases from 2024
  • What happens to an electric car in a frontal crash?
    January 26, 2012
    At the Detroit Auto Show 2011, Volvo Cars is spotlighting the important issue of electric car safety in an unusual, but distinctive way. On the company's stand there is a Volvo C30 Electric that has undergone a frontal collision test at 40 mph (64 km/h).
  • Progressing work zone safety systems
    February 1, 2012
    David Crawford investigates progress in a key safety area - work zones. Highway construction zone safety is taken seriously enough in the US to merit a special spring National Work Zone Awareness Week, which in 2010 ran from 19-23 April. Headed by the US Department of Transportation's Federal Highway Administration (FHWA), this aims to reduce an annual toll of work zone deaths - 720 in 2008 (an average of one every 10 hours) with more than 40,000 traffic injuries (an average of one every 13 minutes).
  • Progressing work zone safety systems
    February 6, 2012
    David Crawford investigates progress in a key safety area - work zones