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

  • Intertraffic 2014 attendance reaches a new level
    April 3, 2014
    Attendance at the 22nd Intertraffic Amsterdam, the world’s leading trade event for infrastructure, ITS traffic management, safety and parking, which concluded on 28 March, reached a new level. Close to 800 companies from 43 countries exhibited their products and services to a worldwide audience of traffic professionals. The Smart Mobility Centre programme was more comprehensive than ever with over 100 free-to-attend activities. IntertrafficLive, a unique live stream programme straight from the exhibitio
  • Intertraffic 2014 attendance reaches a new level
    April 3, 2014
    Attendance at the 22nd Intertraffic Amsterdam, the world’s leading trade event for infrastructure, ITS traffic management, safety and parking, which concluded on 28 March, reached a new level. Close to 800 companies from 43 countries exhibited their products and services to a worldwide audience of traffic professionals. The Smart Mobility Centre programme was more comprehensive than ever with over 100 free-to-attend activities. IntertrafficLive, a unique live stream programme straight from the exhibitio
  • BorgWarner to acquire Remy International
    July 15, 2015
    US automotive industry components and parts supplier BorgWarner is to acquire Remy International, a leading producer of rotating electrical components. With key technologies and operations in ten countries on five different continents, BorgWarner says Remy is strongly positioned to benefit from global growth. “We look forward to welcoming Remy’s talented employees to BorgWarner. Their products and capabilities will strengthen BorgWarner’s position in the rapidly developing powertrain electrification tre
  • Thailand expands transportation infrastructure
    March 11, 2013
    The Thai government is expanding its current transportation systems with plans for 55 transportation projects worth US$72 billion which are expected to be completed by 2020. Of the US$72 billion, 64 percent will be spent on 31 rail projects, 24 per cent on 13 road projects, 7 per cent for seven water transportation projects, and 4.75 per cent is for four air transportation projects. These projects are designed to make Thailand a crossroads for the ASEAN logistics network, enabling cities in the region to be