Car companies will soon be required to install drunk driving technology

Congress is hoping to mandate car manufacturers to implement drunk and impaired driving prevention technology as part of President Biden’s infrastructure plan.

Every day about 28 people in the U.S. die of drunk driving accidents, according to the National Highway Traffic Safety Administration (NHTSA). In 2019, a little over 10,000 Americans died from drunk-driving crashes.

The estimated economic cost for alcohol-impaired driving in 2010 was $44 billion.

Congress is trying to change those fatal statistics by imploring car manufacturers along with NHTSA to implement new driver safety standards. The legislation outlines what it would like new technology to look like, including passively monitoring the performance of a driver to identify whether or not they may be impaired. 

It also suggests preventing or limiting cars from operating if an impairment is detected and enabling cars to detect a driver’s blood alcohol concentration.

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Car buyers cancel bookings as auto companies delay Diwali deadline

Car buyers cancel bookings as auto companies delay Diwali deadline

© Swaraj Baggonkar
Car buyers cancel bookings as auto companies delay Diwali deadline

Car buyers have started to cancel bookings which they made in anticipation that they would be able to take deliveries during the festive days as manufacturers continue to struggle to align supplies with demand.

Automotive dealers have seen a spike in the number of booking cancellations in the run up to Diwali in the past few weeks. While booking cancellations are normal in the automotive retail business, the level of cancellations this year is unusually high, say dealers.

“Enquiry levels and demand is very strong for passenger vehicles but along with that cancellations are also increasing because we are not able to commit the delivery date. People wait for the auspicious occasion and when deliveries don’t happen on those dates, they tend to cancel rather than extend the period,” Vinkesh Gulati, President, Federation of Automobile Dealer Association

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The ten biggest companies in automotive retailing, services industry

4 min read

This story originally appeared on ValueWalk

Automotive retailing and services is a massive industry. Primarily, this industry involves two types of players: those that sell replacement automotive parts and accessories, and those that sell new and used vehicles through dealerships or over the internet. Both types of players are affected by macro economic trends, but the impact of macro factors is less severe on automotive parts retailers. Let’s take a look at the ten biggest companies in the automotive retailing, services space.

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Ten Biggest Companies In Automotive Retailing, Services Industry

To rank the ten biggest companies in the automotive retailing, services industry, we have used the revenue figures. Following are the ten biggest companies in the automotive retailing, services industry:

  1. Rush Enterprises ($5,809 million)

Founded in 1965, it is a one-stop solution for the service

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