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

  • PTV sets its sights on Smart City solutions
    February 9, 2017
    Making a city smarter not only relies on understand technological opportunities but also human decision-making, as Miller Crockart explains. Cities are about people – a fact that can easily be forgotten when experts talk about roads, healthcare and education as though they are abstract and unconnected monoliths rather than things people use. Understanding how and why people use services is vital for making decisions on how they can be optimised for maximum efficiency across inter-connected networks that for
  • IBTTA: tolling embraces future of mobility
    August 15, 2019
    The future of mobility is a complex and changing topic. The IBTTA’s Bill Cramer finds the tolling industry is asking new questions – and finding some surprising new answers
  • Global Summit of Transport Ministers calls for better transport funding
    May 28, 2013
    Ministers from the 54 member countries of the International Transport Forum are calling for more investment in strategic transport infrastructure and services. In a joint Declaration on Funding Transport agreed during their 2013 Summit in Leipzig, Germany, ministers stated that funding transport is a major challenge for transport policy today. The demand for mobility through high-quality transport networks and services is growing fast. They say transport infrastructure is much more than asphalt, concrete or
  • Dana increases equity stake in China- and India-based operations
    April 17, 2012
    Dana Holding Corporation has completed two transactions that will enhance its position for further growth in the emerging markets of China and India. The company has increased its stake in Dongfeng Dana Axle Company, a China-based commercial-vehicle axle joint venture, to 50 per cent and has also acquired the commercial-vehicle axle business of Axles India. "We are encouraged by the continued strong performance of the truck and bus markets in China, and of our partner Dongfeng, and look forward to the stren