New car purchases starting in June will have a mandatory black box installed
Kenneth Schortgen Jr
, Finance Examiner
May 25, 2011
Continue reading on Examiner.com New car purchases starting in June will have a mandatory black box installed - National Finance Examiner |
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Beginning in June of 2011, all new cars manufactured and sold in the United States will be required to have a mandated black box device installed, which can be used to monitor several different physical and technical data points.
On May 24th, a report on the new regulatations to be implemented by the National Highway Traffic Safety Administration (NHTSA) next month expands the program that in February was just in a consideration phase.
The National Highway Traffic Safety Administration (NHTSA) is expected to issue new regulations next month, that will require a black box style data recorder be fitted in all new cars.Similar in concept to the familiar black boxes used in commercial aircraft for decades, the boxes are expected to record information about speed, seat belt use and brake application in the final seconds leading up to an accident, the data can be retrieved for later analysis. – Dvice.com
The installation and use of these black boxes can have infinite possibilities for local, state, and federal governments to monitor and record data for a number of other revenue programs that are currently under consideration. In March, the Congressional Budget Office (CBO) issued a proposal to institute a tax on mileage to help pay for the federal budget deficit.... http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed
Continue reading on Examiner.com http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed
Kenneth Schortgen Jr, Finance Examiner :New car purchases starting in June will have a mandatory black box installed
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