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MLex Market Insight

Why US carmakers now have skin in the data-privacy game

MLex Market Insight

MLex Market Insight

News

4.99 Ratings

🗓️ 10 February 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Why would US automakers be taking such a close interest in privacy policy in the US? The answer is simple: smart cars. The personal data generated by the next generation of connected vehicles means that, as data harvesters, carmakers will be comparable to smartphone makers and app developers. And with state governments developing their own privacy legislation, the auto industry is doing what it can to ensure that the management of the data vehicles collect isn’t caught up in restrictive regulation.

Transcript

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0:00.0

Welcome back. It's great to see you again. I hope you've been well. This is your Friday

0:14.4

dose of Emlex covering the top stories in regulatory affairs from around the globe. My name is

0:20.2

James Panicki. I'm Emlex's Asia-Pacific

0:22.5

Senior Editor, coming to you from the LexisNexis offices in Melbourne, Australia. Now, if you haven't

0:29.1

already read our analysis of how car manufacturers in the US are getting very assertive in

0:35.5

dealing with state-based privacy laws, well, don't waste another

0:39.3

moment. It's a truly intriguing story. And yes, I hear you ask the question, why would car

0:45.9

manufacturers be up in arms about privacy legislation? Surely that's something that we'd expect

0:51.4

from big tech. Well, the answer is simple.

0:54.7

Smart vehicles and the data they generate

0:57.1

are turning automobile producers into data giants.

1:01.3

The last thing they want are privacy laws

1:03.6

that put the kibosh on that nascent business model.

1:08.0

Our San Francisco-based senior reporter,

1:10.2

Shu Wan, has been covering the car industry's

1:12.5

increasing interest in data privacy legislation, and she joins us now.

1:17.6

Shu Wan, firstly, tell us something about this new trend in privacy legislation that you've

1:22.9

described in your article. Thanks, James. So the new trend that we've noticed is that automakers or like

1:31.0

OEMs and equipment makers in the automotive industry, they are increasingly present in the

1:39.1

proceedings of state legislation or rulemaking that have something to do with privacy or data security.

1:47.6

So there's clearly a growing interest there, but why is that? I mean, what kind of privacy

1:53.2

legislation are carmakers interested in? Yeah, so what we've been looking at is primarily

...

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