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

  • Russia ramps-up technologies for transport communications
    March 28, 2018
    Covering an area almost as big as the US and Canada combined, Russia is planning to increase transport-related communications to improve road safety and traffic efficiency. Eugene Gerden reports. Russia’s government plans to increase road safety through the use of modern transport communication and the development of the relevant legislative base. Initially, particular attention will be on the introduction of connected cars and Vehicle to Anything (V2X) technologies. Russia has fewer than 60,000 connect
  • Refurbishing ageing VMS with new technology
    January 26, 2012
    Virginia DoT faced a challenge common to many highway authorities around the world: the need, in economically challenging times, to replace ageing variable message signs reaching the end of their operational life. For some 25 years now, since the mid 80s, Virginia Department of Transportation (VDoT), has deployed variable message signs (VMS) as part of its motorist information systems. Throughout the state there are still many old 'flip-disk' signs. Some of the companies that provided these electronic messa
  • Need for harmonisation in ITS standards
    February 1, 2012
    As the calendar rolls over, and we hop from continent to continent and World Congress to World Congress, where Memoranda of Understanding and cooperation agreements are the headline news, it is easy for those not intimately involved to forget that standards definition is a well-nigh continual process. Significant progress has been made in recent months towards achieving the critical mass and economies of scale which are going to drive development and deployment in, amongst other things, cooperative infrastr
  • Global road safety market expected to reach US$5.73 billion by 2019
    March 26, 2015
    The latest report by Marketsandmarkets, "Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019)", indicates that the road safety market is expected to grow from US$3.37 billion in 2014 to US$5.73 billion in 2019, at a compound annual growth rate (CAGR) of 11.2 per cent from 2014 to 2019. In terms of regions,