How is the automotive industry regulated?

On an average, most of the industries are regulated by the government regulations and laws in one or the other form. In the automotive industry government regulation directly affects on how components designed, looks, features and overall performance of any vehicle.

What is the driving force behind the regulation of industries?

There are two prevalent views in contemporary economic thought explaining the driving force behind the regulation of industries. The first view, called the public-interest theory of regulation, assumes that regulation is established primarily for the benefit of society or some large subclass of society at the expense of regulated firms.

What are the rules and regulations for commercial drivers?

The Department of Transportation has a large body of rules and regulations that govern commercial drivers. Who can drive what vehicles where and when is the gist of DOT regulations. They are designed with the intention of keeping drivers, both professional and amateur, safe on the road.

How can risk and regulatory change drive innovation?

We help you use risk and regulatory change as a catalyst for innovation, highlighting hidden capabilities and core strengths that can drive growth. That could mean greater business flexibility, enhanced decision making and increased productivity – as well as reduced risk.