U.S. asks auto makers to disable rear airbags

Article Abstract:

National Highway Traffic Safety Administration chief Ricardo Martinez, in a letter to automakers, has asked them to disable rear-seat side airbags. The agency has discovered evidence that such airbags can cause minor injuries to children, and it is urging automakers to allow customers to decide whether they want the devices activated. Volkswagen AG, DaimlerChrysler AG, General Motors, and Bayerische Motoren Werke AG produce vehicles that have rear-seat side airbags.

United States, Germany, Automobiles, Automobile Manufacturing, Public affairs, Regulation and Administration of Transportation Programs, Auto Safety Regulation, Statistical Data Included, Laws, regulations and rules, Automobile industry, Air bag restraint systems, Airbag restraint systems, Safety regulations, United States. National Highway Traffic Safety Administration

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Standard Life strikes deal for India mutual funds

Article Abstract:

Standard Life Assurance Co. is planning to form a mutual-fund management company with Housing Development Finance Corp. Housing Development is UK-based Standard Life's partner in India.

United Kingdom, Foreign operations, Joint ventures, Organizational history, Other Financial Vehicles, India, Mutual Funds (Closed End), Planning, Insurance industry, Life insurance industry, Mutual fund industry, Standard Life Assurance Co., Closed end mutual funds, Housing Development Finance Corp.

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