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Auto Recalls Down in Q2

Electrical systems fell from the leading reason for the first time in over a year.

August 28, 2024
Auto Recalls Down in Q2

By volume, back-over prevention systems led reasons for recalls, affecting 1.7 million units.

Credit:

Pexels/Ishan Kulshrestha

1 min to read


U.S. automotive recalls fell in the second quarter, marking the second lowest quarterly volume of affected units in a decade.

Five million units were recalled, down 60% quarter-over-quarter, and the number of recall events fell 7% to 243, according to Sedgwick data.

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Still, the number of affected units was up 10% year-over-year in the first six months of 2024, the only first-half increase since 2020.

Equipment led the categories of problem areas requiring recalls, with 42 events, or 17%, surpassing electrical systems, which had led causes for a year as electric-vehicle sales increased.

By volume, back-over prevention systems led reasons for recalls, affecting 1.7 million units over a dozen events, including one recall that affected more than a million units.

DIG DEEPER: Recall Reconnaissance

 

 

 

 

 

Originally posted on Auto Dealer Today

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