This paper presents a new method to extract traffic information such as number of passing vehicles and average speed by a pair of stereo road images. The whole process consists of the extraction of vehicles and the tracking of the extracted vehicles. For the extraction of vehicles, the outline of each vehicle is obtained by using binary region growing technique applied to disparity map based on multi-resolution stereo matching. The Kalman filter tracking algorithm is applied to the extracted vehicle outlines to determine the flow of vehicles. Experimental results show that the proposed method significantly improved recognition rate of vehicles over the conventional methods-frame difference and background elimination methods.