Can Six Airbags Help Industry Expand?
Auto and ancillary industry will undergo a paradigm shift once the six airbags mandate is implemented from October 1. Here’s what the change will mean for companies as well as car buyers.
Auto and ancillary industry will undergo a paradigm shift once the six airbags mandate is implemented from October 1. Here’s what the change will mean for companies as well as car buyers.
Uno Minda seeks to tap the A and B-segment passenger vehicles segment—where the transition is yet to take place, and where the company has a significant presence.
There is a lot of frenzied activity going on behind the scenes, as airbag makers look to corner the most out of the market, which could grow to about ₹7,000 crore in five years.
The development comes months after Nitin Gadkari, minister of road and transport, announced the installation of six airbags in all passenger vehicles beginning October 1, 2023.
Kia says it will directly reach out to the owners of Kia Carens to update them about this voluntary recall campaign.
Cars sold by some companies in India are not up to the standard but they are making same brand cars with international standards for overseas market, says Gadkari.
Cars will be accorded star ratings based on B-NCAP performance; it’ll encourage companies to participate voluntarily in safety testing and incorporate higher safety standards
Absorbing the price hike will ensure consumers, especially first-time car buyers looking at offerings in the entry-level segment, will be spared the brunt of the move