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

  • ITS Australia appoints new president and board of directors
    November 27, 2017
    ITS Australia has announced Dean Zabrieszach will be replacing Brian Negus as its new president, supported by Dennis Walsh as vice president, and has also confirmed a new board of directors. New and re-elected board members include Dale Andrea – VicRoads, Chen Cai – Data61/ The Commonwealth Scientific and Industrial Research Organisation, James Hurnall – Federal Chambers of Automotive Industries, Mark Jackman – Robert Bosch Australia, Mark Jackman – Robert Bosch Australia and Jeff McCarthy
  • More than 35 million electric vehicles on the world’s roads by 2022
    January 13, 2014
    According to a new report from Navigant Research, by 2022 there will be more than 35 million electric vehicles (EVs) on roads worldwide. The report, “Electric Vehicle Market Forecasts”, provides forecasts, market sizing, and market share analysis for the overall light-duty (LD) vehicle market and LD EVs, plug-in hybrid EVs, and battery EVs.
  • Watch your step: the sidewalk robots are here
    March 14, 2023
    The way we order and pay for goods has changed radically – but what about how those goods are delivered? Gordon Feller looks at how sidewalk robots might reshape the urban landscape
  • US Wi-Fi Innovation Act could hamper V2V
    March 27, 2015
    The US government is looking into opening up wi-fi space for the public, but it could impact on vehicle-to-vehicle communication (V2V) technology developed to prevent up to 80 per cent of car crashes, according to a discussion on CBS News. After more than a decade in development and more than a half-billion dollars in taxpayer money spent, the technology aimed at making roads safer and saving an estimated 1,083 lives every year may now be sidelined to make room for wi-fi. Dr Peter Sweatman, director