Mobileye (MBLY) Tops Q3 EPS by 2c

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DOT to Include Auto Emergency Braking on New 5-Star Rating System

November 2, 2015 2:00 PM EST

The U.S. Department of Transportations National Highway Traffic Safety Administration (NHTSA) today announced that beginning with model year 2018, the agency will update its 5-Star Rating System to include automatic emergency braking (AEB) as a recommended safety technology, providing consumers with new information on technology with the potential to prevent rear-end crashes or reduce the impact speed of those crashes by automatically applying the brakes.

We are adding automatic emergency braking features to the 5-Star Rating System because crash-avoidance technologies can save lives and should be widely accessible, said U.S. Transportation Secretary Anthony Foxx. AEB can substantially enhance... More

Mobileye (MBLY) Active Ahead of Tomorrow's Print Amid DOT Headines

November 2, 2015 2:00 PM EST

Mobileye (NYSE: MBLY) shares were active Monday afternoon ahead of the release of Q3 results tomorrow morning. Separately, there was chatter the DOT will add emergency braking to its 5-Star rating system beginning with model year 2018. The DOT statement is below.

The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) today announced that beginning with model year 2018, the agency will update its 5-Star Rating System to include automatic emergency braking (AEB) as a recommended safety... More