In this paper, the performance of a vehicle information sharing (VIS) system for an intersection collision warning system (ICWS) is analyzed. The on-board unit (OBU) of the ICWS sharing obstacle detection sensor information (ICWS-ODSI) is mounted on a vehicle, and it obtains information about the surrounding vehicles, such as their position and velocity, by its in-vehicle obstacle detection sensors. These information are shared with other vehicles via an intervehicle communication network. In this analysis, a T-junction is assumed as the road environment for the theoretical analysis of the VIS performance in terms of the mean of entire vehicle information acquiring probability (MEVIAP). The MEVIAP on OBU penetration rate indicated that the ICWS-ODSI is superior to the conventional VIS system that only shares its own individual driving information via an intervehicle communication network. Furthermore, the MEVIAP on the sensing range of the ICWS-ODSI is analyzed, and it was found that the ISO15623 sensor used for the forward vehicle collision warning system becomes a candidate for the in-vehicle detection sensor of ICWS-ODSI.