Thatcham Research and the Association of British Insurers (ABI) issued an urgent call to carmakers and legislators for greater clarity around the capability of vehicles sold with technology that does more and more driving on behalf of motorists. The call comes in the wake of growing reports of people crashing while over-relying on technology which […]
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Vehicle Manufacturers Report Progress on Autonomous Emergency Braking Commitment
Toyota leads major vehicle manufacturers on number of vehicles with over 56 percent of its 2017 fleet, 1.4 of 2.5 million vehicles, with accident avoidance feature. Four of 20 automakers report that automatic emergency braking (AEB) is standard on more than half of their 2017 model year vehicles, the National Highway Traffic Safety Administration (NHTSA) […]
U.S. House Subcommittee Holds Hearing on Self-Driving Cars
The Automotive Service Association (ASA) reports that on Tuesday, the U.S. House Energy and Commerce Committee’s Subcommittee on Commerce, Manufacturing and Trade held a hearing titled, “Disrupter Series: Self-Driving Cars.” The hearing is the latest in a series that is examining the effects of federal policy on emerging technologies. During the hearing, members addressed the […]
Moody’s Sees Short Term Gain, Long Term Challenge for Auto Insurers from Self-Driving Cars
A new report from Moody’s Investors Service says that accident avoidance features in vehicles, such as automatic braking, adaptive cruise control, and lane departure prevention will lead to lower accident frequency in the next five-to-ten years, a benefit for auto insurers. Longer term, however, self-driving cars could translate into significantly lower premiums and profits for […]
NHTSA and IIHS Announce Commitment of 20 Vehicle Manufacturers to Make Automatic Emergency Braking Standard by 2022
Vehicle manufacturers represent 99 percent of the U.S. automobile market. Research indicates effort could reduce police-reported crashes 13 percent overall. The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) announced today a historic commitment by 20 automakers representing more than 99 percent of the U.S. […]
FTC Announces Agenda, Panelists for Workshop on Auto Distribution System
Panels will include representatives of dealers, manufacturers, and firms such as Tesla, Elio and Uber. The Federal Trade Commission has announced the full agenda for its upcoming workshop, “Automobile Distribution: Current Issues and Future Trends.” The all-day event, which will take place on January 19 in Washington, D.C., will explore critical issues in the regulation […]