However, pressure has intensified on Mr Buckles in
recent weeks after a poor trading update caused shares to slump by more than 13% in one day.
SPARE THE ROD?--High-speed video reveals that (left to right) a stick of dry spaghetti whacked at the end by a metal slug (top) buckles in
waves before shattering.
The consumer group Public Citizen has attributed 14 deaths and 19 serious injuries to Gen3 buckles and has reported almost 140 complaints regarding the buckles in the last year.
Public Citizen has called on DaimlerChrysler to voluntarily recall the buckles; the company has upgraded the buckles in some vehicles and replaced them only in the front seats of others since 2000.
In 1978, the National Highway Traffic Safety Administration (NHTSA) investigated inertial release in buckles in
Chevrolet's 1975 Monza.(7) The agency also tested buckles in
Ford and Chrysler vehicles made between 1971 and 1978.(8) NHTSA, concluding that the phenomenon did "not appear to be a common problem," closed the investigation.(9)
South Africa-based financial services group Sanlam paid pounds 5m for a 60% stake in Buckles in