PENALTIES for DON'T RECALL * India: From Oct 1
* Delhi - Auto cos who don’t recall vehicles despite having safety defects may face penalties
-- Automobile companies that don't recall vehicles despite having clear evidence of safety defects may face penalties starting October 1, according to rules in the making... Also on the cards is a government-appointed nodal agency that could launch its own investigation into safety issues and even recommend the government to order a recall... India has no mandatory vehicle recall policy, unlike in developed markets like Europe, Japan and the US... Local automakers follow a voluntary code of recall adopted by the industry in July 2012, and have since recalled about 2 million vehicles to fix seat belt tensioners, air bags and problems with brake systems. But transportation experts and consumers rue lack of government norms to make it compulsory for firms to act... The new proposals say the nodal agency shall monitor the recall process and audit the records...
New Delhi, India - ET Bureau, by Aman Sharma - 21 June 2016