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

  • Moody’s more bullish on prospects for US toll roads
    December 6, 2013
    Moody’s Investor Services have up-rated the outlook for US toll roads from negative to stable. They think traffic should grow 1.5 per cent on a median basis in 2014, which they describe as a “sustainable comeback” from the three per cent decline since 2009. They think toll revenues should grow to a “mid-single digit percentage range” in 2013 and 2014 which we guess means 4 per cent to 6 per cent. They note such an increase in toll revenues is a slowdown from 2012 when big toll rate increases boosted r
  • VRU safety report urges enforcement
    March 18, 2020
    Enforcement must be at the heart of a drive to reduce vulnerable road user deaths and injuries, says the latest report from the European Transport Safety Council. Its facts and figures give authorities the justification to invest more in camera technology and other ITS solutions
  • Congestion pricing - no such thing as a free ride
    October 2, 2018
    The widespread adoption of autonomous vehicles is likely to increase congestion, many experts believe. But Wes Guckert of Traffic Group believes that tolling could provide the answer. While it is still hard to wrap your head around the idea of getting into a vehicle without a driver, the industry is now used to hearing, reading, participating in the advancement of autonomous vehicles (AVs). Those in the industry have heard about Uber delivering a shipment of Budweiser, or the convoy of driverless trucks
  • Road user charging – change the name to change public perceptions
    February 2, 2012
    Jack Opiola explores the oft-underestimated effect that a charging scheme's name can have on public acceptability and ultimate success. The Bard of Avon wrote: "What's in a name?" For transport, especially Road User Charging, that is an especially relevant question.