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

  • Seleta Reynolds: 'Set a vision, listen to your people & then get out of their way'
    September 12, 2022
    Los Angeles, host of the 2022 ITS World Congress, is a city where the only constant is change, says Seleta Reynolds of LA Metro. Adam Hill finds out about leadership, dream jobs and the 2028 Olympics...
  • Countdown to 2015 ITS America Annual Meeting & Expo
    May 1, 2015
    There’s less than a month to go before the 2015 ITS America Annual Meeting & Expo gets under way in Pittsburgh, Pennsylvania gets underway in what will be a unique and visionary event. The theme is Bridges To Innovation so for the more than 2,000 of the nation’s top transportation and technology business leaders and investors, policymakers, public agency representatives, and researchers, this will be one of the most forward looking Annual Meetings.
  • ITF signs safety, sustainability, data agreements
    June 12, 2017
    The International Transport Forum has signed four cooperation agreements with the World Bank, the Fédération Internationale de l’Automobile (FIA), Eurocontrol and the International Road Assessment Programme (iRAP).
  • Xerox takes youthful view of future transport
    August 23, 2016
    Xerox’s David Cummins talks to Colin Sowman about the lessons for city authorities from its survey of younger peoples’ attitude to transport. There can be no better way to get a handle on the future of transport demand than to ask the younger generation about how they view and consume today’s transport. Sociologists have called this group Generation Z – those born between 1995 and 2007 – which will make up 40% of all US consumers by 2020.