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

  • Global mobility study: world on the move
    November 27, 2020
    ERF reviews impact of new mobility on road infrastructure in 20 countries pre-Covid
  • Virtual cockpit in cars ‘edges closer to reality’
    September 3, 2015
    New analysis from Frost & Sullivan, Rise of Virtual Cockpits in Cars finds that the instrument cluster (IC) market in North America and Europe is expected to clock a compound annual growth rate (CAGR) of 2.2 percent from 2014 to 2021, with digital IC expected to reach a CAGR of approx. 26 percent by 2021. While the virtual cockpit will be limited to premium-segment vehicles, fully digital clusters that will be standard in about 20 percent of cars will also be offered as an option on medium-segment cars.
  • New research finds huge sustainability benefits from new urban mobility models
    June 29, 2016
    New research by UK communications technology specialist BT and Frost & Sullivan finds that new urban mobility models such as ride-sharing, smart parking technologies and ride-on-demand could reduce the amount of cars needed on urban roads globally by up to 20 million vehicles per year in 2025, offering huge sustainability benefits and an improved experience for travellers. The research, Environmentally Sustainable Innovation in Automotive Manufacturing and Urban Mobility, suggests that consumer trends t
  • Virtual traffic management centres, a new direction in traffic monitoring
    January 30, 2012
    David Crawford picks up a new direction trend in traffic monitoring The surprise winner in the Traffic Management Centre (TMC) category of the recently-announced 2011 OSMOSE (Open Source for MObile and SustainablE city) Awards for European innovations in urban transport, is the Danish city of Aalborg - which doesn't have a TMC. Alternatively, one might consider its 'virtual' TMC as a signpost for the future in medium-sized cities.