Report: Rear-view camera rule delayed until end of year, will cost around $2.7 billion

Rear View Camera

In 2008, the U.S. Transportation Department was handed under a 2008 auto-safety law signed by George W. Bush to require all cars and light trucks in the United States to have a rear-view camera. Well, it seems like the enforcement of that requirement has been delayed to the end of this year.

“While the department has made progress toward a final rule to improve rearward visibility, it has decided that further study and data analysis — including of a wider range of vehicles and drivers — is important to ensure the most protective and efficient rule possible,” the NHTSA said in a statement.

The proposed rule is estimated to cost $2.7 billion and was listed as one of the five most expensive pending U.S. regulations in an Aug. 30, 2011 letter that President Barack Obama sent to House Republican leaders.

NHTSA said that requiring backup cameras would add $58 to $203 to the cost of a vehicle.

– By: Omar Rana

Source: AutoNews