💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Trucking group disappointed self-driving bill leaves out big vehicles

Published 09/28/2017, 05:52 PM
© Reuters. A partially self driving Uber semi truck at the Mcity autonomous vehicle testing facility in Ann Arbor
GM
-
F
-
GOOGL
-
TSLA
-
GOOG
-

WASHINGTON (Reuters) - A U.S. trucking group said Thursday it was disappointed that a compromise bill to advance self-driving cars and eliminate regulatory roadblocks will not include larger vehicles.

American Trucking Associations President Chris Spear said in a statement the announcement "is not the end of the road for this issue. If more automated cars and trucks are to share the roads, they should also share the same framework."

Senator John Thune, a Republican who chairs the Commerce Committee, and Senator Gary Peters, a Michigan Democrat, said they had reached agreement on legislation that would be voted on by the committee on Oct. 4.

General Motors Co (N:GM), Alphabet Inc (O:GOOGL), Ford Motor Co (N:F) and others have lobbied for the legislation to speed deployment of self-driving cars by allowing federal regulators to approve their use if they deem them safe. They also want to bar states from blocking autonomous vehicles.

Reuters reported late Wednesday that the bill would not include larger commercial trucks after Democrats and some organized labor leaders objected. The senators confirmed Thursday that the bill would not include vehicles larger than 10,000 pounds.

A bill that unanimously passed the U.S. House earlier this month also excluded bigger vehicles. Under that proposal, states could still set rules on registration, licensing, liability, insurance and safety inspections, but would be barred from setting self-driving car performance standards.

The House measure, the first significant federal legislation aimed at bringing self-driving cars to market, would allow automakers to get approval to sell up to 25,000 vehicles in the first year, rising to 100,000 by year three, as long as they could demonstrate the vehicles are at least as safe as current vehicles with human controls.

The Alliance of Automobile Manufacturers, an automaker trade group, on Thursday praised the bill and said it will "help advance self-driving technologies and help keep the United States at the forefront of these innovations."

The 1.4-million member International Brotherhood of Teamsters union mounted an aggressive effort to convince Congress not to include self-driving trucks, warning they could lead to the loss of hundreds of thousands of jobs and reduce road safety.

Auto industry and labor leaders have said 3 million commercial truck jobs could eventually be at risk if self-driving vehicles replaced human drivers, who are already in short supply.

Alphabet is working on developing self-driving trucks. Tesla Inc (O:TSLA), which is developing self-driving technologies, has said it plans to unveil a commercial truck called the Tesla Semi.

© Reuters. A partially self driving Uber semi truck at the Mcity autonomous vehicle testing facility in Ann Arbor

Consumers Union, a public advocacy group, said the Senate "bill falls far short of what consumers need. Instead of making consumer safety the top priority, it removes critical guardrails to create a fast lane for self-driving cars."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.