NEWS Road accidents cost $340 billion a year

Road accidents cost $340 billion a year

Motor vehicle crashes cost US society $340 billion (€317 billion) in 2019 and the number of accidents is rising fast, the US auto safety regulator said in a landmark report.

In a comprehensive economic impact study, the National Highway Traffic Safety Administration (NHTSA) examined the cost of crashes that kill approximately 36,500 people, injure 4.5 million and damage 23 million vehicles a year.

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