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Detailed text transcripts for TV channel - FOXNEWS - 20140603:22:16:00

Little auto safety regulation. reporter: regulators rarely do cost benefit analyses. that burden falls to the industry and new car buyers. they would be shocked to know that 21% of the cost of the car is just what the manufacturer s cost is for compliance. reporter: that s before a new car, foreign or domestic, hits the dealership, which faces it s own array of state and federal regulations, most of which have little to do with safety. we re being regulated to death. reporter: jeff doubts his grandfather would be able to start up this 100-year-old business in today s environment. a state inspector says the new show roof should drain more slowly. the roof is not designed to hold the extra weight from the water. reporter: his finance team wants to comply to prevent discrimination in lending but the rules are vague. they ve not described exactly ....

Auto Safety Regulation , Cost Benefit Analyses , Car Buyers , State Inspector , Finance Team , Show Roof ,