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

  • Auto-braking cars: government should meet motorists halfway
    March 25, 2014
    A UK Government incentive for drivers buying cars with anti-crash technology would save 60 lives and result in 760 fewer serious casualties reported to the police, in just three years. Over ten years, such an incentive would save 1,220 lives and nearly 136,000 casualties, according to Thatcham Research, the insurance industry’s automotive research centre. At a briefing seeking support from senior politicians, health organisations, insurers and vehicle manufacturers at the House of Commons today, Peter S
    Read More
  • UK Government funds cleaner, greener bus journeys
    July 26, 2016
    The UK Government has made US$39 million (£30 million) of funding available to bus operators and local authorities in England, enabling them to buy low emission buses and install chargepoints and other infrastructure. In total, the 13 successful bidders will be able to add 326 buses, including electric, hybrid, hydrogen and biomethane buses, to their fleets, and install more than US$9 million (£7 million) worth of infrastructure. Among the winners is Sheffield City Region, which has been awarded US$1.7 m
    Read More
  • Oregon tests new mileage-base charging scheme
    August 5, 2013
    Jack Opiola from D’Artagnan Consulting LLP explains Oregon’s latest moves which mandated a trial of mileage-based road use charging. In 1919, Oregon made the 20th century’s most significant contribution to transportation funding policy, becoming the first state in America to implement a gas tax to pay for roads. This summer Oregon’s Legislature passed, and Governor John Kitzhaber signed into law, Senate Bill 810 which requires a distance-based road usage charge for 5,000 volunteer vehicles by 1 July 2015. T
    Read More
  • Fiat brand records lowest CO2 emissions in Europe for 5th year running
    March 22, 2012
    For the fifth year running, Fiat Automobiles has recorded the lowest level of CO2 emissions by vehicles sold in Europe in 2011, with an average measurement of 118.2 g/km (4.9 g/km less than the 2010 average). Fiat also ranked first as a Group, with 123.3 g/km, an improvement of 2.6 g/km on last year. The record is certified by JATO Dynamics, a leading automotive consultancy and research firm. Over the last five years Fiat has reduced its average emissions by 14 per cent, from 137.3 to 118.2 g/km of CO2, sig
    Read More

Highlighted Content