The new rules set rear visibility standards that automakers will initially be able to meet only by installing cameras. At the same time, major automakers said Monday they are petitioning the Obama administration to let them end the use of side view mirrors if they install cameras that could perform the same task — a move that could improve fuel efficiency.
Since it was first proposed, the cost of hardware has come down as more cameras have been added to certain models. Honda Motor Co. and Subaru Motor Co. both announced they are making the cameras standard in all vehicles, and they will be standard on the 2015 Ford Focus, due out later this year.
After taking office, Transportation Secretary Anthony Foxx championed this with the White House to win sign-off to finalize the rule. The regulation was initially supposed to be final by September 2014 and cost the auto industry $1.9 billion to $2.7 billion annually. Under the new rules, the annual costs in 2018 will be between $546 million and $924 million, while the benefits will be between $265 million to $595 million. NHTSA predicts 59 to 73 percent of all vehicles purchased in 2018 would have had the cameras anyway.
The final regulation came one day before a federal appeals court was to hear arguments from safety advocates seeking to compel NHTSA to set the rules.
From The Detroit News: http://www.detroitnews.com/article/20140...z2xdeSHms2
"when life gives you lemons..throw them at someone"...Grumpy Cat