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Stock impact report

Mandated Anti-Speeding Tech For New Vehicles Begins In Europe [Forbes]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: Forbes
Motorists who enjoy speeding along Germany's Autobahn or other European high-speed roads should be prepared to be encouraged to slow down by a group of electronic backseat drivers known as intelligent speed assistance or ISA. Starting Monday, every new vehicle sold in Europe must be equipped with an ISA system., according to a directive by European Commission's . The move comes two years after the body made ISA mandatory for new models/types of vehicles introduced on the continent. Rendering of ISA-equipped vehicle in Europe warning driver the speed limit is being exceeded. Reducing speed has become a priority on both sides of the Atlantic as a means of improving road safety and reducing traffic accident fatalities and injuries. Speeding accounted for more than 12,000 traffic deaths in the U.S. in 2022, the latest year for which data is available, according to the Stuart Ryan, General Manager of the Americas Region, at HERE Technologies. “There is a growing recognition am Show less Read more
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