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

  • Africa transport projects win ITF green awards
    May 27, 2022
    Cash prizes will be spent on data collection to make decarbonisation case in Uganda and Kenya
  • Auto industry on cusp of revolutionary change
    August 7, 2012
    The automotive industry appears to be on the cusp of revolutionary change, which will be engendered by the advent of autonomous or ‘self-driving’ vehicles - and the timing may be sooner than you think, according to a new report unveiled by KPMG and the Centre for Automotive Research (CAR).
  • Half of top OEMs work on LiDAR technology for ADAS
    October 13, 2015
    Light detection and ranging (LiDAR) technology, as part of an advanced driver assistance system (ADAS) sensor suite, will be mostly deployed for active safety functions with only 29 per cent fitted for fully automated driving purposes by 2021, according to Frost & Sullivan. Out of the top 13 original equipment manufacturers (OEMs), seven are working on automated driving passenger vehicles using a LiDAR. Frost & Sullivan’s latest analysis, LIDAR-based Strategies for Active Safety and Automated Driving from M
  • IBTTA seeks transportation innovation
    December 16, 2016
    IBTTA’s Patrick Jones contemplates the need for, sources of and constraints on transportation innovation. For years now, visionary thinkers and doers in the highway transportation community have been laser-focused on the role of innovation in addressing the most pressing mobility challenges.