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 insurers unprepared for driverless vehicles disruption, says KPMG report
    July 20, 2016
    The majority of insurers are completely unprepared for the arrival of driverless vehicles, according to a new study from KPMG. Its Autonomous Vehicle Insurer report canvassed the views of senior executives from many of the UK’s largest insurers and brokers on the impact driverless vehicles will have on their business. It found that most of them believe it will take two decades for driverless vehicles to impact the automotive sector. Despite acknowledging that driverless vehicles will touch every a
  • Hydrogen Mobility Europe project launched
    September 25, 2015
    A coalition of European partners has launched the Hydrogen Mobility Europe project (H2ME), co-funded with US$36 million from the Fuel Cells and Hydrogen Joint Undertaking (FCH JU). The project will support the deployment of 200 fuel cell electric vehicles (FCEVs), 125 fuel cell range-extended electric (FC RE-EVs) commercial vans and 29 new hydrogen refuelling stations (HRS) in Austria, Belgium, Denmark, France, Germany, Iceland, Netherlands, Norway, Sweden and the UK by 2019. H2ME is based around an
  • Open-source journey planning - the way forward?
    January 23, 2012
    Peter Bell, managing director of journey planning provider Trapeze Group, ponders the business models which will underpin future travel information services from a UK perspective Traditionally, journey planning websites for public transport in the UK (for example, Transport Direct, the Traveline regions or National Rail Enquiries) have been provided by the transport operators keen to increase ridership and revenues, or by public bodies who hope to encourage a modal switch to public transport by making it e
  • Assocations news around the globe
    October 29, 2015
    There will be no roadside parking in the Finnish capital, Helsinki, 15 years from now, predicts ITS Finland’s CEO Sampo Hietanen. “Instead, a self-driving car will pick you up within in ten minutes of your pressing a button on your smartphone. The car will continue its journey once you have reached your destination.”