Crash costs could fall by W3.3b if 1 in 10 elderly drivers give up licenses: study

Voluntary license surrender by older drivers could reduce traffic crashes, lower crash-related costs and curb greenhouse gas emissions, a study using data from Daejeon suggests. The findings come as crashes caused by drivers aged 65 or older are rising in South Korea, even as the overall number of crashes declines. If 1 in 10 license holders aged 65 or older in Daejeon voluntarily gave up their licenses, the city could see about 137 fewer traffic crashes a year, saving about 3.3 billion won ($2.