ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

SRI Stoneridge Inc

15.78
0.21 (1.35%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stoneridge Inc NYSE:SRI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.21 1.35% 15.78 16.00 15.18 15.34 253,722 21:55:40

Stoneridge's MirrorEye® Camera Monitor System Receives FMCSA Exemption Renewal

02/02/2024 10:00pm

PR Newswire (US)


Stoneridge (NYSE:SRI)
Historical Stock Chart


From Nov 2023 to May 2024

Click Here for more Stoneridge Charts.

NOVI, Mich., Feb. 2, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced today that its Federal Motor Carrier Safety Association (FMCSA) exemption for its MirrorEye® Camera Monitor System (CMS) has been renewed for an additional five years. The exemption, originally granted in 2019, allows owners of MirrorEye-equipped trucks to remove the conventional rear-view mirrors and operate with an integrated system of cameras and digital displays.

Stoneridge, Inc. has received an FMCSA exemption renewal for its MirrorEye® Camera Monitor System.

"This exemption renewal reinforces the benefits of our MirrorEye system from both a fuel economy and safety perspective," said Jim Zizelman, president and CEO of Stoneridge. "MirrorEye provides enhanced, real-time visibility from nearly every angle of a commercial truck, which can reduce the frequency and severity of accidents, especially when turning, during lane changes and in close-corner maneuvers. In addition to its important safety benefits, MirrorEye-equipped trucks can achieve a 2-3% increase in fuel savings when traditional mirrors are removed, which translates to roughly 2.5 tons of CO2 reduction annually per vehicle*."

MirrorEye was the first camera monitor system to receive this exemption. Since then, the company has partnered with more than 40 fleets in North America to equip the system on existing vehicles through retrofit applications.  In addition, MirrorEye has been integrated on multiple original equipment commercial truck and bus platforms in North America and Europe.

"During the last five years, we've worked closely with our fleet and OEM partners to validate the benefits of MirrorEye and make it the leading camera mirror system on the market today," continued Zizelman.

To view the complete exemption renewal, please visit the FMCSA posting here.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global designer and manufacturer of highly engineered electrical and electronic systems, components and modules and systems for the automotive, commercial, off-highway and agricultural vehicle markets. Additional information about Stoneridge can be found at www.stoneridge.com.

 

____________________

 *North America Commercial Vehicle Applications

Stoneridge, Inc. logo (PRNewsFoto/Stoneridge, Inc.) (PRNewsfoto/Stoneridge, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stoneridges-mirroreye-camera-monitor-system-receives-fmcsa-exemption-renewal-302052377.html

SOURCE Stoneridge, Inc.

Copyright 2024 PR Newswire

1 Year Stoneridge Chart

1 Year Stoneridge Chart

1 Month Stoneridge Chart

1 Month Stoneridge Chart

Your Recent History

Delayed Upgrade Clock