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

  • Lauchlan McIntosh to receive The Max Lay Lifetime Award at ITS Australia National Awards 2017
    October 24, 2017
    Lauchlan McIntosh, member of the Order of Australia (AM), will receive The Max Lay Lifetime Achievement Award at this year’s ITS Australia National Awards ceremony, held at The Pavillion Arts Centre Melbourne, 23 November 2017. ITS Australia president Brian Negus announced that McIntosh has been recognised for his outstanding contribution to improving the safety and mobility of the community. The industry nominated award is named after Dr Max Lay AM, who is a globally recognised pioneer and leader
  • EU approves US$660 billion to transform Europe's transport network
    March 23, 2012
    The EU's Council of transport ministers met in Brussels yesterday and approved a proposal for a new regulation of Trans European Transport – Network (TEN-T) guidelines, in a package for a Connecting Europe Facility. The proposal approved yesterday, and which will cost US$660 billion by 2020 if fully implemented, is aimed at establishing and developing a complete TEN-T, consisting of infrastructure for roads, railways, inland waterways, shipping ports and airports. It also defined a comprehensive network and
  • Ford announces winners of Innovate Mobility Challenge
    January 9, 2015
    Ford has announced the winners of its latest Innovate Mobility Challenge series, an open-innovation approach to discovering mobility solutions around the world and a key aspect of Ford Smart Mobility, the company’s program of innovation in mobility, connectivity and autonomy. Winning solutions tackled mobility challenges including the delivery of healthcare, reducing traffic congestion and optimising the transportation of goods – all aimed at helping people overcome growing transportation challenges worl
  • Fast-growing fleet management systems market show no sign of slowing
    July 18, 2016
    According to a new research report from M2M/IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was 5.8 million in Q4-2015. Growing at a compound annual growth rate (CAGR) of 17.0 per cent, this number is expected to reach 12.7 million by 2020. In Latin America, the number of active fleet management systems is expected to increase from 2.3 million in Q4-2015, growing at a CAGR of 12.8 percent to reach 4.1 million in 2020. The