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Stock impact report

US agency to ease self-driving vehicle deployment hurdles, retain reporting rules [Yahoo! Finance Canada]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
U.S. Transportation Secretary Sean Duffy on Thursday released a new framework to boost autonomous vehicles. "This administration understands that we're in a race with China to out-innovate, and the stakes couldn't be higher," Duffy said. "Our new framework will slash red tape." The National Highway Traffic Safety Administration said it will expand a program to exempt some self-driving vehicles from all safety requirements and will streamline but continue its requirement that vehicles equipped with certain advanced driver assistance systems or self-driving systems report safety incidents. NHTSA is expanding its Automated Vehicle Exemption Program to now include domestically produced vehicles that will allow companies to operate non-compliant imported vehicles on U.S. roads. It is currently only open to foreign assembled models. Automakers have sought to deploy vehicles on U.S. roads without human controls that do not comply with federal safety standards. In 2022, General Motor Show less Read more
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