U.S. Agency Proposes Requiring Passenger, Rear Seat Belt Reminder System
Portfolio Pulse from Benzinga Newsdesk
The U.S. National Highway Traffic Safety Administration (NHTSA) has proposed a rule that would require automakers to install a system in new vehicles to remind passengers to buckle their seat belts, including those in the rear seats. This proposal could potentially increase costs for automakers.
August 21, 2023 | 6:34 pm
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The proposed rule by NHTSA could potentially increase costs for automakers, which could impact the overall market, including SPY.
The proposed rule by NHTSA could lead to increased costs for automakers as they would need to install new systems in their vehicles. This could potentially impact their profitability, which could in turn impact the overall market, including SPY. However, the exact impact would depend on the final rule and its implementation.
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