Voluntary safety recall within a seven year period to rectify defects in Indian auto market vehicles
Safety is of prime importance when one s driving or riding a vehicle. In order to make sure vehicles can be trustworthy; society of Indian…
The policy states that if a firm feels that there is a problem, i.e. manufacturing defect with a particular vehicle, two-wheeler or four-wheeler it needs to recall said amount of vehicles and rectify problems free of cost.
SIAM has left it up to the auto manufacturers to determine the minimum number of vehicles affected to initiate a recall. In case manufacturers fail to initiate a recall even after evidence has been found, the government can take action against such violations.
SIAM president, S Sandilya said, that norms and regulations have been put in place to control a mandatory recall if initiated by the government. As to penalties on erring companies he said that it could be considered in case of non compliance. However, he made it known that companies will be the sole losers in case such an incident takes place. According to him the major punishment was loss of brand image and slack in sales.