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

  • New research finds distracted driving on the rise on I-95
    May 12, 2014
    Transurban-Fluor and AAA Mid-Atlantic have released the second annual report on distracted drivers on I-95 in Northern Virginia, which found that despite major construction, distracted driving is a growing problem on the heavily travelled corridor. The report, part of the Orange Cones, No Phones campaign focused on reducing distracted driving in the 95 Express Lanes construction zone, found that the number of frequent I-95 drivers likely to use their cell phone while driving has increased from 56 percent i
    Read More
  • Preparations building for French national truck toll
    September 12, 2012
    The Autostrade led Ecomouv consortium is developing the next big system of truck tolling likely to be introduced in Europe – France’s ‘Eco-tax’. Jon Masters reports. Since October last year, a consortium of companies has been working on developing the technological and administrative systems necessary for a national system of truck tolling in France. Eco-tax, France’s truck toll, is not necessarily going to be implemented. The Ecomouv consortium has been set up as a long term concessionaire, but so far only
    Read More
  • The free and open internet is dead
    June 25, 2018
    A key US vote may have changed what internet service providers are allowed to charge and how they restrict content: Joe Dysart explains why this has consequences for ITS companies. While most people were rushing around last December, grabbing last-minute gifts for the holidays, the US Federal Communications Commission (FCC) voted to drive a stake into the heart of the free and open internet. In a majority vote, the agency killed ‘net neutrality’ - a policy that has prevented your regional internet service
    Read More
  • Uber takes on European critics
    July 13, 2015
    Uber's director of public policy for Europe, Simon Hampton, has suggested that he sees a chance at winning over governments pursuing legal action against the company. “If you're in a city Uber hasn't come to yet, then creating a group of people to say they want Uber and to put pressure on local politicians - that's hard," Hampton said at a panel discussion in the European Parliament, reports euractiv.com. Uber has faced legal inquiries in the Netherlands, Germany, Spain, Belgium, Italy and Portugal ov
    Read More

Highlighted Content