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Traffic telematics applications are currently under intense research and development for making transportation safer, more efficient, and more environmentally friendly. Reliable traffic telematics applications and services require vehicle-to-vehicle wireless communications that can provide robust connectivity, typically at data rates between I and 10 Mb/s. The development of such VTV communications systems and standards require, in turn, accurate models for the VTV propagation channel. A key characteristic of VTV channels is their temporal variability and inherent non-stationarity. which has major impact on data packet transmission reliability and latencyThis article provides an overview of existing VTV channel measurement campaigns in a variety of important environments, and the channel characteristics (such as delay spreads and Doppler spreads) therein. We also describe the most commonly used channel modeling approaches for VTV channels: statistical as well as geometry-based channel models have been developed based on measurements and intuitive insights.