🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Tech Bytes: Tesla takes dubious crown with worst crash fatality rate by brand, according to new analysis

Published 25/11/2024, 01:55 pm
Tech Bytes: Tesla takes dubious crown with worst crash fatality rate by brand, according to new analysis

An analysis of car accident severity in the US by brand from automotive search engine iSeeCars has revealed Tesla (NASDAQ:TSLA) has the worst track record of all cars, notching the highest fatal accident rate at 5.6 incidents per billion vehicle miles.

While Tesla was the worst brand overall, its Model Y only came in at 6th in terms of most frequent occupant fatalities, with its 10.6 ratio outdone by Hyundai’s Venue (13.9), Chevrolet’s Corvette (13.6), Mitsubishi’s Mirage (13.6), Porsche’s 911 (13.2) and Honda’s CR-V Hybrid (13.2).

Each of the above models had an occupant fatality rate of at least 3.7x the overall average, although the study implies the models themselves are not to blame, but rather driver behaviour.

Are car fatalities on the rise?

“New cars are safer than they’ve ever been,” said iSeeCars executive analyst Karl Brauer.

“Between advanced chassis design, driver assist technology and an array of airbags surrounding the driver, today’s car models provide excellent occupant protection.

“But these safety features are being countered by distracted driving and higher rates of speed, leading to rising accident and death rates in recent years.”

While vehicle safety features have made great strides in recent years, road fatalities in Australia are on the rise, growing by 7.3 per cent to 1,266 in 2023, and the rate per capita is also increasing, up to 4.8 per 100,000 Australians compared to 4.6 in 2022.

“Most of these vehicles received excellent safety ratings, performing well in crash tests at the IIHS and NHTSA, so it’s not a vehicle design issue,” said Brauer.

“The models on this list likely reflect a combination of driver behaviour and driving conditions, leading to increased crashes and fatalities.”

Unsurprisingly, smaller cars have higher fatal crash rates, coming in above the average of 2.8 per billion vehicle miles at 3.6.

“It’s difficult to overcome physics, even with high-strength steel and airbags,” said Brauer.

“When two small cars collide, the forces are equalized and both vehicles tend to hold up well. But if a compact hatchback and a full-size pickup truck try to occupy the same space at the same time, the smaller car always loses.”

Car sales data for 2023 reveals all top 10 selling cars over the year were SUVs or light commercial vehicles. Passenger cards made up less than a fifth of sales.

With the number of oversized trucks on Australian roads only growing, road fatalities are unfortunately likely to follow the same trend.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.