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

  • Panasonic gets connected on The Ray
    June 5, 2020
    A stretch of rural Georgia highway called The Ray is a particularly useful testbed for V2X technology. Panasonic’s Chris Armstrong tells Adam Hill what’s so special about it
  • change in the US transportation sector
    February 1, 2012
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
  • change in the US transportation sector
    February 6, 2012
    Transportation for America's James Corless talks about the changes needed in the US's transportation policy. Anew report, 'Smart Mobility for a 21st Century America', highlights how improving efficiency through technology is critical as the US's population grows and ages, budgets tighten and consumer preferences shift.
  • Plastic is fantastic for payment platform interoperability
    April 2, 2014
    The Sino Visitor Pass aims to promote trade between Singapore and China by making travel easier, as Jon Masters finds out. Singapore has notched up another first in transportation innovation with announcement of a dual-currency payment card in partnership with the province of Guangdong in China. From the middle of 2014, visitors to Singapore and Guangdong will be able to use a ‘Sino Visitor Pass’ to pay for use of public transportation among other things.