A law coming this fall will require automakers to install “black boxes” in all passenger vehicles, starting with 2013 models.
Electronic data recorders more sophisticated than the ones now in about 60% of new cars will capture information about vehicular speed, direction, engine performance, brakes and electronic systems. They’ll also tell insurance investigators and law enforcement officers a lot about vehicles involved in accidents -- everything from whether drivers were wearing safety belts to exactly when air bags deployed, for example.
Besides requiring the recorders in all new cars, the government will also implement standards for what’s recorded and how -- a big change from today’s recorders, which are mainly used by manufacturers and repair shops for help in diagnosing problems when a car is in for service.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Uniform formats for data collected by black boxes will permit apples-to-apples comparisons of vehicle and driver performance prior to accidents, eliminating much of the educated guesswork.
The impetus for the law: Toyota’s recall of millions of vehicles this past winter after a slew of incidents of sudden vehicle acceleration that still are largely unexplained. As a result of vehicle acceleration problems, the law also will require automakers to install braking systems that automatically override the accelerator in the case of a runaway vehicle. Moreover, it will raise the maximum fine for automakers found to be in violation of safety regulations to at least $200 million, from $16.4 million now.
Subpoenas will be required for law enforcement officials to gain access to black box information, since the data by law are the vehicle owner’s property. Courts are likely to acquiesce, though. They’ve shown no reluctance thus far to approve subpoenas for black boxes.
-
What Is a Qualified Charitable Distribution (QCD)?Tax Breaks A QCD can lower your tax bill while meeting your charitable giving goals in retirement. Here’s how.
-
Embracing Generative AI for Financial SuccessGenerative AI has the potential to reshape how we approach learning about and managing our personal finances.
-
Will lower mortgage rates bring relief to the housing market?The Kiplinger Letter As mortgage rates slowly come down here's what to expect in the housing market over the next year or so.
-
Car Prices Are Finally Coming DownThe Kiplinger Letter For the first time in years, it may be possible to snag a good deal on a new car.
-
New Graduates Navigate a Challenging Labor MarketThe Kiplinger Letter Things are getting tough for new graduates. Job offers are drying up and the jobless rate is increasing. Are internships the answer?
-
When's the Best Time to Buy a Domestic Flight? The Kiplinger LetterThe Kiplinger Letter A new study by CheapAir.com has crunched the numbers.
-
Woes Continue for Banking Sector: The Kiplinger LetterThe Kiplinger Letter Regional bank stocks were hammered recently after news of New York Community Bank’s big fourth-quarter loss.
-
Anxious Flyers Take Note: The Kiplinger LetterThe Kiplinger Letter Whether it's the routes to avoid that have the most turbulence or the safest airline, we've got you covered.
-
The Auto Industry Outlook for 2024The Kiplinger Letter Here's what to expect in the auto industry this year. If you’re in the market for a car it won’t be quite as daunting as it was during the pandemic and after.
-
Two More Travel Trends for 2024: The Kiplinger LetterThe Kiplinger Letter As the world gets moving again, two more travel trends to consider: Solo cruising and airline passengers with loaded guns.
