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

  • Canada tells EVs: 'Make some noise!'
    May 4, 2021
    Government plans would mean hybrids and electric vehicles have to use sound emitters
  • New non-executive directors at Redflex
    April 7, 2014
    The directors of Redflex Holdings have announced the appointment of two new Australia-based non-executive directors, Paul Clark and John Murphy. Paul Clark previously held senior executive positions at PWC, EY, National Australia Bank, Bank West, Bank of New Zealand and HBOS Australia and is currently chairman of Melbourne Water, a director of the Victorian Water Industry Association and an advisory board member of Salta Properties, one of Australia's largest privately owned property companies. He has exten
  • ITS America supports moves for safe sharing of 5.9 GHz spectrum
    July 18, 2014
    Scott F. Belcher, president and CEO of the Intelligent Transportation Society of America (ITS America), has responded to the Wi-Fi Innovation Act introduced by US Representatives Bob Latta, Darrell Issa, Anna Eshoo and Doris Matsui. The Act would put pressure on the Federal Communications Commission (FCC) to allow unlicensed devices to operate in the 5.9 GHz band of spectrum set aside by the FCC for vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication technology showcased by Preside
  • New chairman and fresh thinking at Ertico
    October 6, 2015
    Cees de Wijs, who was elected Chairman of Ertico ITS Europe in June, puts the Partnership and this ITS World Congress in context.