BUSINESS & AUTOS Wednesday, July 4, 2012 | Section C Paper map Car technology cited in crash drop heads into BY DAVID SHEPARDSON showing clear impacts on crash much as 10 percent. “These lights It takes a long time for ad- cant safety equipment including extinction Detroit News Washington Bureau patterns yet. appear to help in more situations vanced safety features — which front, side and side curtain air- Washington — A new study “As more automakers offer ad- than we anticipated, though we typically begin on luxury cars — bags, safety belts, electronic sta- 3C shows advanced auto technolo- vanced technologies on their ve- don’t know why,” Moore said. to reach all cars on the road. IIHS bility control, and tire-pressure gies such as forward-collision hicles, insurance data provide an Mercedes and Volvo also offer estimates it takes at least 30 years monitoring systems. The govern- avoidance systems — especially early glimpse of how these fea- versions of forward-collision for a promising safety feature to ment is considering requiring Dow Jones those that brake automatically — tures perform in the real world,” warning systems that don’t in- spread to 95 percent of vehicles rear-visibility cameras. 12,943.82 | 72.43 result in sharp drops in car crash- says Matt Moore, vice president clude automatic braking. These on the road. Not all safety equipment is es. of the Highway Loss Data Insti- appeared to lower crash rates, The National Highway Traffic mandated or has shown safety Nasdaq The Insurance Institute for tute, an affiliate of IIHS. too, but not to the same extent as Safety Administration has been benefits. 2,976.08 | 24.85 Highway Safety said forward-col- IIHS examined forward-colli- versions that do include it. studying forward-collision warn- Antilock brakes, for example, S&P 500 lision systems and adaptive sion systems offered on Honda But a review of claims in Gen- ing systems since 2010. spread quickly through the U.S. 1,374.02 | 8.51 headlights, which shift direction Motor Co.’s Acura vehicles, Daim- eral Motors’ Buicks and Mer- NHTSA said this week it is re- fleet even though they’ve never as the driver steers, has the big- ler AG’s Mercedes-Benz and Vol- cedes vehicles for claims from searching braking technologies been required. IIHS notes that Wilshire gest impact in reducing acci- vo vehicles. lane-departure systems showed that rely on “forward-looking despite promising results on test 14,417.90 | 107.13 dents. Property damage claims for claims from vehicles with the sys- sensors” to supplement driver tracks, real-world crash data GM The study by the industry- Acura and Mercedes models tems actually increased, al- braking or to engage automatic haven’t shown large benefits. But $20.67 | 1.10 funded group also found that were 14 percent lower when vehi- though in numbers so small as to braking in response to an im- antilock brakes are essential for Ford lane-departure warning systems cles were equipped with forward- be statistically insignificant. pending crash. electronic stability control sys- appear to hurt, rather than help collision warning with automatic IIHS said drivers may be get- The agency believes these tems, which help prevent rollov- $9.60 | 0.21 — though it’s not clear why. Other braking than when they weren’t. ting false alarms because of poor technologies show promise for ers and other crashes. systems, such as blind-spot de- Collision claims for vehicles lane markings, which rely on enhancing vehicle safety. [email protected] tection and park assist, aren’t with adaptive headlights fell as cameras to track lanes. NHTSA has mandated signifi- (202) 662-8735 First at-home HIV swab test kit approved BUSINESS GROWS IN AREA, STATE Fiat raises The U.S. Food and Drug Administration has ap- proved the first over-the- Chrysler counter HIV test, allowing Americans to test them- selves at home. ownership The OraQuick test from Orasure is designed to detect the presence of HIV using a mouth swab within to 62% 20 minutes. Testing is one of the chief means of slowing CEO says carmaker new infections. may surpass goal Previously approved HIV home test kits require of $3B in profits a blood sample — and must be sent to a laborato- BY DAVID SHEPARDSON ry to be developed. Detroit News Washington Bureau Fiat SpA is raising its owner- Barclays execs quit ship of Chrysler Group LLC from amid banking scandal 58.5 percent to 61.8 percent, its Barclays Chief Exec- top executive said Tuesday, as the utive Bob Diamond and Auburn Hills automaker steams Chief Oper- toward $3 billion in operating ating Officer profits this year. Jerry del “Chrysler sold 1.23 million Missier re- cars in the first half, which is over signed Tues- half of our target,” Fiat-Chrysler day, the big- CEO Sergio Marchionne told re- gest scalps porters in Milan, according to claimed in a Reuters. “The objective of $3 bil- financial lion is close at hand. We could markets Diamond overshoot it.” scandal that Marchionne said Chrysler, Photos by Charles V. Tines / The Detroit News has ripped whose 2012 sales are up more Dr. Jamie Reynolds shows off Insignia technology to Lillian Buckman and her daughters Anna, 9, and Emmy, 13, at his Novi office. through the bank’s senior than 30 percent compared to the management and sown the first half of 2011, may need to ex- seeds for a new probe into pand production. But he declined Britain’s banking sector. to say where that might happen. Barclays management Chrysler has added jobs and has come under fire since production in the U.S., including Dentists smiling at rebound the bank was fined $453 a third shift at its Belvidere, Ill., million last week by U.S. plant, where it is building its new and British regulators for Dart compact. BY LAURA BLODGETT Johnston and other dentists submitting false reports on Fiat has controlled the Au- Special to The Detroit News said. And pent-up demand interbank borrowing rates burn Hills automaker since Metro Detroit’s dental in- and technological innova- between 2005 and 2009. Chrysler exited bankruptcy in dustry is biting back after the tions make certain proce- June 2009 as part of a $12.5 bil- recession and a reduction in dures more attractive, they lion government bailout. dental benefits for many area said. Through 2016, it has an option workers. “Some patients have put off to acquire — a bit at a time — an Most areas of Michigan, in- treatment long enough and additional 20 percent of Chrysler cluding Metro Detroit, have can’t wait any longer,” John- that is held by the Voluntary Em- bottomed out, and their den- ston said. ployee Beneficiary Association, a tists are seeing business pick Dentists and orthodontists trust fund administered by the up, said Dr. Jeff Johnston, who took a risk and decided to United Auto Workers and used to president of the Michigan invest in new equipment and pay for hourly retiree health care. Dental Association and a peri- technologies during the Marchionne, who plans to ful- odontist in Sterling Heights. downturn particularly have ly merge the two automakers, By comparison, a second- seen their efforts pay off. Paul Sakuma / Associated Press said he sees “no reason” not to quarter survey of dentists na- “Our practice has always Viewing habits are changing keep adding to Fiat’s stake in tionwide found billings down been geared toward learning as more videos are online Chrysler. for 38 percent this year, while Rochester Advanced Dentistry takes three-dimensional CT the latest techniques and in- rather than on DVDs. Fiat said the transaction will 22 percent reported an in- scans of a patient’s teeth and jaw. vesting in the latest technolo- be completed “in the coming crease and the rest stayed the gies to allow us to broaden our Netflix: Online movie weeks.” same, according to the Ameri- improvement is, in part, a formerly unemployed and scope of expertise for our pa- streaming the future And while Fiat did not stipu- can Dental Association. slow recovery in jobs that re- consumer willingness to pay Netflix subscribers late a purchase price Tuesday, The reason for Michigan’s stored dental benefits for the out of pocket for dental work, Please see Dentists, Page 3C watched more than 1 bil- Marchionne said last month it lion hours of online video would pay less than 200 million last month as the advent of euros ($252 million) for the addi- high-speed Internet con- tional stake. nections and high-power- Fiat could also mount an IPO ed mobile devices change for Chrysler or it could acquire HUD to auction off foreclosed Lafayette Towers people’s viewing habits. the trust’s remaining shares in a Netflix is trying to wean cash deal. BY BRIAN J. O’CONNOR 2008, according to published re- MAP AREA N people off DVDs to save on The UAW trust fund got an ini- Detroit NOR Detroit News Finance Editor ports, and borrowed $22.8 mil- VER mailing costs and reduce tial 55 percent stake in Chrysler 0.5 MILES Mount Elliot Detroit — The landmark La- lion against the building in 2009. WAYNE its investment on a format for swapping $5 billion in obliga- Cemetery fayette Towers has fallen into fore- The developers also an- that it expects to become tions that Chrysler owed in reti- Lafayette closure and is set to be auctioned nounced plans to build a $150 GRATIOT ST. AUBIN obsolete. Delivering In- ree health care. Towers by federal authorities in two million skyscraper complex next ternet video is quicker and Fiat won operational control Lafayette weeks, according to a notice post- to Campus Martius Park for a pro- Plaisance AYETTE less expensive than discs.