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

  • UK government pledges £6m on chargepoints for ultra-low emission taxis
    February 12, 2019
    The UK government is investing more than £6 million in the deployment of chargepoints to support ultra-low emission taxis across the country. The money will be used to install nearly 300 rapid points and 46 fast ones in 17 local authorities, including Greater Manchester, Brighton & Hove and Leicester. Rapid chargepoints are typically able to charge an EV to 80% in 30 minutes depending on the model’s battery capacity while fast charging is expected to deliver more than 60 miles of range in 10-30 minu
  • Geotoll’s payment app could be the smart answer to tolling interoperability
    July 30, 2013
    Jon Masters looks at a smartphone app which could be the ‘disruptive technology’ that eases the way to interoperability in tolling systems. Consumer demand may soon drive the biggest step change yet in tolling. In the United States a new start-up company, Geotoll, has launched a smartphone app for electronic toll payment. It is not beyond possibility that rapid growth of the market for smartphones will continue – an estimated 50% of US citizens and 80% of Europeans now have one – and that the Geotoll brand
  • Verra completes Redflex buy
    June 18, 2021
    Verra Mobility says acquisition of Redflex Holdings will position it for ITS growth
  • Lyft app gets bike lanes to encourage safer cycling
    September 26, 2019
    Lyft is adding protected bike lanes and bike-friendly routes to its app to encourage more people to use two-wheeled transportation. The Verge reports that the protected bike lanes will appear as dark green lines in the app while bike-friendly routes that are less protected will be represented as dotted green lines. The feature is available for Lyft bikes and scooter-sharing services on iOS devices, with Android to follow soon. Lyft’s head of micromobility policy, Caroline Samponaro, says: “Each ride