Airbag

The affected models are Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara, manufactured between December 8, 2022 and January 12, 2023

Implementation of airbags in other vehicle segments over the medium term will offer further revenue upside for airbag manufacturers, as per rating agency ICRA

Nitin Gadkari cites 'global supply chain constraints' as reason for the shift in decision

India's road transport ministry is firm on its plan and is pushing automakers to agree to the rules, two sources told Reuters

Till now, the company was catering to Indian market from its production site in Thailand and other countries

Honda has reached an $85 million settlement with multiple states over allegations that it hid safety failures in the airbags of certain Honda and Acura vehicles sold in the US

Buyers of small cars unwilling to pay Rs 6,000 extra for devices that reduce chances of fatality by up to 80%