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

  • Green buses for Kazakhstan
    December 20, 2013
    The European Bank for Reconstruction and Development (EBRD) is to make a loan of up to US$18.8 million to Avtobusnyi Park Kyzylorda, a municipal public transport company in the city of Kyzylorda, for purchasing of up to 100 green buses that run on CNG (compressed natural gas), the depot workshop equipment and GPS dispatching system. Krymbek Kusherbayev, of Kyzylorda Oblast, said: “Our citizens deserve better urban transport services. Today the local authorities and SPK Baikonur are pleased to receive EB
    Read More
  • UK council ‘budget cuts’ halt development of EV charging
    March 18, 2019
    More than 100 UK local authorities say they have no plans to increase their number of electric vehicle (EV) charging points. These findings have been revealed from freedom of information (FoI) requests submitted by the Liberal Democrats and shared with The Guardian newspaper. According to the report, Ed Davey, the Liberal Democrat former energy and climate change secretary, says the lack of investment in charging points is due to “cuts to council budgets”. “Unless there is urgent action to tackle our out
    Read More
  • Complementing traditional ITS with new technologies
    April 11, 2013
    For a long time, the ITS industry agonised over how to make itself better known to the public. There were pragmatic reasons for this – greater awareness of what it is and does leads to greater lobbying power, an important consideration for a small industry pitched against the might of the road-building fraternity in the fight for budgets – but there was also an element, it must be said, of just wanting to be ‘loved’. But that desire runs up against several realities. The first is that even ‘experts’ strugg
    Read More
  • DSRC holds the key to tomorrow's transportation
    June 15, 2016
    Dedicated Short-Range Communication (DSRC) technologies are poised to revolutionise transportation system planning, management and operations. But will widespread US adoption take five years, or twenty? As Ben Pierce of Battelle explains, the answer depends largely on which roadmap the ITS community chooses to follow for deployment.
    Read More

Highlighted Content