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

  • Wi-SUN: here’s why mesh networking works
    May 10, 2019
    There are several networking options available for smart city planners. Phil Beecher of Wi-SUN Alliance makes the case for wireless mesh networks when it comes to rolling out IoT solutions The Internet of Things (IoT) is growing fast. Connecting thousands of sensors and control systems in bi-directional networks is paving the way for a new generation of smart city and transport infrastructures. For many of these applications, wireless connectivity is essential where cable installation is not practical.
  • Cubic signals open intentions
    November 17, 2021
    Cubic Transportation Systems has joined Q-Free's #FREEtheMIBS campaign
  • Traffic management market ‘to surpass US$22 billion by 2021’
    May 9, 2016
    Increasing traffic congestion, rising vehicle fleet size and growing technological advances will drive global traffic management market through 2021, according to the latest TechSci Research report, Global Traffic Management Market by Transportation Mode, By System Type, By Region, Competition Forecast and Opportunities, 2011-2021. According to the research, the global market for traffic management is projected to surpass US$22 billion by 2021, due to rising demand for traffic management in roadways, ra
  • Gartner weighs in on logistics emissions
    October 19, 2021
    Partnerships include 3PLs, sustainability-savvy customers and industry peers