Cheaper Car Repair Parts: Ending Manufacturer Monopoly
New rules aim to make car repair parts like hoods and fenders more affordable. This means citizens can repair their vehicles at lower costs, as manufacturers will no longer have exclusive rights to produce these parts after 30 months from the vehicle's market introduction. The act seeks to reduce car repair expenses.
Key points
Allows companies other than vehicle manufacturers to produce and sell replacement parts for car exteriors (e.g., hoods, fenders, side mirrors).
After 30 months from a new car model's market introduction, anyone can produce and sell replacement parts for its repair without infringing on manufacturer patents.
These changes are expected to lead to lower car repair costs for vehicle owners.
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