Merging EU-US car safety legislation could slash car production costs and improve TCO

July 15, 2016

Standardising car safety regulations between the EU and US would cut vehicle production costs by 2.5 billion Euros and reduce vehicle ownership costs, according to a report from the Centre for Automotive Research (CAR).

Meeting two different sets of standards is adding around 230 Euros to the cost of every car, pushing up prices and reducing the funds available to research new models, it says.

Different standards affect a range of areas from components to vehicle design, with specific examples including wipers, mirrors, airbags, door latches, child seating, fuel systems, licence plate mountings, headlamps and seatbelts.

The study follows an earlier wide-ranging report which estimated that merging all US-EU automotive regulations, such as emissions laws, would save 18 billion Euros.

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UPDATE: News & Insights have moved to the Autovista Group website

March 31, 2017

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