Friday, December 3, 2010
Could Back-Up Cameras Be the Next Gov't Mandate for Vehicles?
Back up cameras in today's vehicles may no longer be seen as an expensive convenience feature to set you apart from your neighbors. According to NTHSA, the government agency that monitors safety issues, this feature could be standard on all vehicles by 2014. Just as we've seen with center rear lights, air bags and anti-lock brakes (ABS), rear-view cameras will be on the standard features list of required safety features. While this may drive up the price of new vehicles, this is one safety that's really worth having! According to NHTSA the total approximate cost to equip every new-vehicle by 2014 with this feature, estimating 16.6 million vehicles being sold in 2014, would be between $1.9 billion and $2.7 billion for the auto industry as a whole.
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