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TOYOTA MOTOR CORPORATION

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Delayed Japan Exchange  -  02:00 2022-07-05 am EDT
2116.50 JPY   +0.17%
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U.S. wants automakers to collect more 'black box' crash data

06/22/2022 | 03:25pm EDT
FILE PHOTO: The remains of a Tesla vehicle are seen after it crashed in The Woodlands, Texas

WASHINGTON (Reuters) - U.S. auto regulators said Wednesday they want to require automakers to collect more crash data from event data recorders (EDRs)- more commonly known as "black boxes."

The National Highway Traffic Safety Administration (NHTSA) on Wednesday https://www.govinfo.gov/content/pkg/FR-2022-06-22/pdf/2022-12860.pdf proposed requiring black boxes to collect 20 seconds of pre-crash data at a higher frequency rate to help better understand the actions that lead to a crash.

NHTSA currently requires five seconds of pre-crash data at a slower collection rate for vehicles with EDRs.

The agency had studied adopting the regulation for more than three years - as required by Congress under a 2015 law. NHTSA was supposed to have finalized the new data collection rules by 2020.

Black box data is a key tool for NHTSA investigations, including crashes where advanced driver assistance systems are suspected as a factor.

NHTSA says the data provides a "comprehensive snapshot" of driver actions before a crash and can help "improve future vehicle designs and more effective safety regulations." NHTSA used data from EDRs in its 2010 Toyota unintended acceleration probe.

In 2019, under former President Donald Trump, NHTSA withdrew a 2012 proposal to require EDRs in all new cars because it said automakers had voluntarily installed the devices in nearly all vehicles.

In 2006, NHTSA required for automakers that installed EDRs to collect certain data, including vehicle speed, crash forces at the moment of impact, whether an air bag deployed or if the brakes were applied in the moments before a crash and if seat belts were fastened.

The National Transportation Safety Board in 2004 recommended EDRs be made mandatory in all vehicles after a California crash killed nine people.

NHTSA estimates 99.5% of new vehicles have EDRs. The new rules would take effect no earlier than September 2023.

The agency noted at least one automaker -- Honda -- is voluntarily collecting EDR data on the status and operation of advanced driver assistance systems.

(Reporting by David Shepardson; Editing by Aurora Ellis)

By David Shepardson


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
CARPARTS.COM, INC. -4.48% 6.94 Delayed Quote.-35.18%
HONDA MOTOR CO., LTD. -0.68% 3203 Delayed Quote.-0.15%
TOYOTA INDUSTRIES CORPORATION 0.73% 8250 Delayed Quote.-10.88%
TOYOTA MOTOR CORPORATION 0.17% 2116.5 Delayed Quote.0.36%
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Financials
Sales 2023 34 934 B 257 B 257 B
Net income 2023 2 936 B 21 629 M 21 629 M
Net Debt 2023 19 064 B 140 B 140 B
P/E ratio 2023 10,0x
Yield 2023 2,87%
Capitalization 29 068 B 214 B 214 B
EV / Sales 2023 1,38x
EV / Sales 2024 1,28x
Nbr of Employees 372 817
Free-Float 70,0%
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Number of Analysts 19
Last Close Price 2 116,50 JPY
Average target price 2 481,11 JPY
Spread / Average Target 17,2%
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Managers and Directors
Akio Toyoda Director & General Manager-Asia
Kenta Kon Chief Financial Officer, Director & GM-Accounting
Takeshi Uchiyamada Director & Manager-Development Center 2
Keiji Yamamoto Chief Information & Security Officer
Seiji Sakai Manager-Information Systems & IT Management
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