Toyota to recall 3.4 million vehicles worldwide over air bag risks

Current Affairs
Toyota Motor Corp said on Tuesday it will review 3.4 million vehicles overall in light of an electronic imperfection that can bring about air packs not sending in crashes.
The review, which incorporates 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 Matrix, 2012-2018 Avalon and 2013-2018 Avalon Hybrid vehicles and is attached to a report of one lethal accident. The vehicles may have an electronic control unit that doesn't have satisfactory security against electrical clamor that can happen in crashes, which could prompt inadequate or non-organization of the air packs. It could likewise block the activity of safety belt pretensioners.
In April, the US National Highway Traffic Safety Administration (NHTSA) extended a test into 12.3 million possibly imperfect air packs covering various automakers, including the vehicles Toyota is reviewing. NHTSA said in April it had recognized two frontal accident occasions, including one deadly accident "including Toyota items where (electrical overemphasize) is suspected as the imaginable reason" of air packs not sending. Both included more up to date Corolla vehicles.
NHTSA said the air sacks under scrutiny were introduced in excess of 12 million vehicles from 2010 through 2019 sold by Toyota, Fiat Chrysler Automobiles NV , Honda Motor Co, Hyundai Motor Co, Kia Motors Corp and Mitsubishi. They were outfitted with an air pack control unit at first created by TRW Automotive Holdings Corp, which is currently possessed by ZF Friedrichshafen.

Altogether, NHTSA said upwards of eight passings could be attached to the issue. Hyundai, Kia and Fiat Chrysler recently gave reviews for more than 2.5 million vehicles with the TRW air pack control units being referred to that probably won't send in crashes...Read More

Mahindra to increase price of vehicles by up to Rs 73,000 from April

Company News

Auto major Mahindra & Mahindra (M&M) Thursday said it will increase the price of its passenger and commercial vehicles by Rs 5,000 to Rs 73,000 from April to partially offset the impact of rising input costs.

The price of the company's vehicles will go up by 0.5 per cent to 2.7 per cent from next month due to the price hike, the company said in a statement.

"This year has seen record high commodity price increases. Further there are regulatory requirements effective April 1 that have also led to cost increases.

While we have made efforts to reduce our costs, it has not been possible to hold back the price increase," M&M President Automotive Sector Rajan Wadhera said in the statement.
Consequently, the company is taking a price increase from April 1, he added.

The company sells various utility vehicles ranging from newly launched compact SUV XUV300 to premium SUV Alturas G4. M&M also sells various commercial vehicles including Supro and Jeeto in the domestic market.

Earlier this week, French car maker Renault had announced increase in price of Kwid range in India by up to 3 per cent from April.

Last week, Tata Motors had also announced increase in price of its passenger vehicles by up to Rs 25,000 from April on account of rising input costs and external economic conditions.

 M&M joins the likes of Toyota and Jaguar Land Rover which have also stated that they would raise price of select models from April.