Toyota Puts Breaks On "Driverless" Car Idea

Don’t get your hopes up for driverless cars In the near future, say safety executives at Toyota Motor Corp (ADR) (NYSE:TM) (TYO:7203).

Toyota would have collision-prevention technology by 2017

While discussing upcoming safety releases, the automotive manufacturer was quoted in an Associated Press report as saying they would have collision-prevention technology installed in its U.S. offering by 2017. The safety packages will be available on both mainstream and luxury vehicles alike.

Dashing the daydreams of automated car enthusiasts, Toyota said in a press briefing Thursday the auto industry is more than a decade away from selling cars that...