Backup Camera Rule at Cost of $2.7 Billion Delayed by U.S.
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A U.S. rule that may require all cars and light trucks sold in the country to have rear-view cameras won’t be issued by today’s deadline and may be delayed until after November’s presidential election, regulators said.
A 2008 auto-safety law signed by President George W. Bush mandated the Transportation Department to issue the requirement by the end of 2011. It’s now being pushed back a second time by Transportation Secretary Ray LaHood and will be issued by Dec. 31, the department said in an e-mailed statement yesterday.