Self-driving cars, insurance companies, and our pocket books.
FOX News Radio's Jeff Monosso has the details in "Fox Wheels":
It's FOX Wheels.
General Motors introducing new technology called "Super Cruise," where...
(Capp) "The driver can remove their hands from the wheel and the feet from the pedal."
...on freeways. John Capp, director of global safety strategies at GM expects to put Super Cruise technology in Cadillacs in 2017, and that the ultimate goal...
(Capp) "Get to a stage where we can avoid crashes."
The next gen Volvo XC90 also includes semi-autonomous features that focus on city driving safety.
Human errors, according to industry experts, account for most road accidents. So, if cars drive themselves into the future, what does that mean for the billions of dollars in insurance premiums we pay?
(Adams) "The insurance company is likely to say, you know if there's an error, then that's going to come from the manufacturer."
InsuranceQuote.com senior analyst Laura Adams.
Meaning, increased liability for auto manufacturers with our insurance rates plummeting... perhaps, giving us more money to buy nicer cars.
That's FOX Wheels, I'm Jeff Monosso.
Follow Jeff on Twitter: @JeffMonosso