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

  • Freight poses growing problem for city authorities
    March 3, 2017
    Wes Guckert considers possible solutions and countermeasures to the problems of increased freight deliveries in growing cities. In January 2016, the US Department of Transportation (USDoT) conducted a session on the SmartCity Challenge and Urban Freight and Logistics. This session was a follow-up to the USDoT report titled, Beyond Traffic 2045.
  • Papercast deal set to boost North America public transit displays
    May 3, 2023
    Solotech will be official reseller of e-paper info signs for bus stops, light rail and parking
  • Lidar lets planners see big picture in Chattanooga
    April 14, 2025
    The city of Chattanooga, Tennessee, is attempting to make its streets safer by using the largest deployment of Lidar-based traffic detection in the US. Adam Hill reports…
  • Ford to make electric cars 'attainable to the masses’
    November 28, 2014
    Mark Fields, president and CEO of Ford Motor Company, said on Monday that it intends to mass-produce affordable electric vehicles. Fields, in an interview with Yahoo Finance, emphasised that Ford has the capability to make electric cars with a strategy different from that of Tesla Motors. Revealing the company’s intentions to produce reasonably priced electric cars, Fields pointed out that the Dearborn, Michigan-based automaker has a full line of electric vehicles that have performed well in the market p