Dear reader - Due a system error, yesterday's newsletter inadvertently sent Friday's story. Apologies for the mistake. Connected cars are slowing becoming a reality. That means more data is generated on vehicle movement and user behaviour. So, companies are vying for control of the crown jewels of the connected car era: vehicle's data. Many companies view data as the gold of the new wired world, though for some it's more akin to air or water. Car makers have resisted specific regulations for in-vehicle data, saying that protecting consumers is paramount. They claim they keep over the data generated by vehicle movement. "Europe's auto industry is committed to giving access to the data generated by the vehicles it produces," said a spokesperson for the European Automobile Manufacturers' Association (ACEA). "However, uncontrolled access to in-vehicle data poses major safety, (cyber) security, data protection and privacy threats." But a possible regulation in Europe could pit carmakers against a coalition of insurers, leasing companies and repair shops. Companies lined up against automobile firms say limiting or charging what they deem unfair amounts for access to in-vehicle data could kill off competition for carmakers who already operate their own leasing firms, car subscription services and repair shops. In some cases, they say carmakers are already restricting access to vehicle data and charging independent repair shops more for access. According to some industry groups, the longer it takes for EU to draft rules on car data, the more independent repair shops are at risk of going out of business. According to some industry groups, the longer it takes for EU to draft rules on car data, the more independent repair shops are at risk of going out of business. |
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