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

  • ITS America historic meeting welcomes industry leaders
    June 1, 2015
    Welcome to ITS America’s 25th Annual Meeting Anniversary in Pittsburgh! This historic silver anniversary brings together more than 2,000 of the nation’s top transportation and technology policymakers, business leaders, engineers, investors and researchers. The event’s theme – Bridges to Innovation – is appropriate in that the issues to be discussed and debated and the technologies on display are representative of how important ITS is to America’s – and the world’s – transportation future.
  • Investments in autonomous driving are accelerating, says report
    January 7, 2015
    Google and various automakers have increased their activity and investments toward the goal of self-driving vehicles, while Google has shifted from its previous strategy to now focus on fully driverless vehicles for the future. If successful, it will have significant implications for the auto industry, according to IHS Automotive, based on findings in its new report, Autonomous Driving: Question is When, Not If, which is an update to a previous report issued early in 2014. OEMs remain geared toward aug
  • Automatic driving creates billion dollar market
    December 5, 2014
    A new study, Autonomous Driving, by Roland Berger Strategy consultants finds that automatic driving will generate additional revenue volume of up to US$40 billion in component sales in the period through 2030. In addition, new software solutions needed for automated driving will reach a global market volume as high as 20 billion dollars by 2030. There are specific technologies to be mastered, to a large extent unknown territory for both OEMs and suppliers and considerable investments will be needed to de
  • Leaders call for US to accelerate autonomous cars
    May 20, 2016
    A group seeking to improve American oil security through domestic production, fuel competition, driverless technology and anti-cartel measures has called on policymakers to remove regulatory hurdles in order to accelerate the deployment of self-driving cars, as well as revise tax incentives to boost sales of less expensive electric vehicles. Securing America’s Future Energy (SAFE), chaired by FedEx Corporation chairman, president and CEO Frederick W. Smith and retired US Marine Corps Commandant James Con