TABLE 7.

Projected change in traffic fatalities and resulting economic costs (upper estimates).

MY 2012MY 2013MY 2014MY 2015MY 2016
Estimated change in total fatalities over the fleet lifetime
Passenger cars111757100134
Light trucks−2−3−31−77−112
Combined914262422
Economic costs (US$2007 millions)
Passenger cars$126$193$658$1,167$1,557
Light trucks−$19−$29−$344−$859−$1,259
Combined$107$164$314$307$298

Note: Costs are monetized at DOT’s estimated cost per life of $6.1 million ($5.8 million for the value of a statistical life plus associated external medical, insurance, and legal costs). This is multiplied by 2.3, to include injury costs, and discounted at 3%.

Source: Final Regulatory Impact Analysis: Corporate Average Fuel Economy for MY 2012-MY 2016 Passenger Cars and Light Trucks, 547-551.