The development of efficient vehicle-to-vehicle (V2V) communications systems requires an understanding of the underlying propagation channels. In this paper, we present results on pathloss, power-delay profiles (PDPs), and delay-Doppler spectra from a high speed measurement campaign on a highway in Lund, Sweden. Measurements were performed at a carrier frequency of 5.2 GHz with the communicating vehicles traveling on the highway in opposite directions. A pathloss coefficient of 1.8 shows the best fit in the mean square sense with our measurement. The average root mean square (RMS) delay spread is between 263 ns and 376 ns, depending on the noise threshold. We investigate and describe selected paths in the delay-Doppler domain, where we observe Doppler shifts of more than 1,000 Hz.