Vehicle Recalls Down in Q3
But the average event size rose, Sedgwick says.
In keeping with the industry’s shift toward more electrified vehicles, the top recall cause for the third quarter in a row was electrical systems.
IMAGE: Pixabay/Photoman
Vehicle recalls fell in the third quarter, though the average number of effected vehicles in a recall rose, Sedgwick reported.
The total number of recalls dropped about 16% to 197, one of the lightest quarters in the past decade in that regard; Sedgwick said that only three other quarters in 10 years have seen fewer than 200 recalls.
The total number of effected vehicles fell by about 4% to 7.9 million. But the average size of recalls rose 14.4% to 40,200, significantly above the three-year average of 33,000.
In keeping with the industry’s shift toward more electric vehicles, the top recall cause for the third quarter in a row was electrical systems, which resulted in 41 recalls, or 21% of the quarter’s total, Sedgwick said.
Originally posted on Auto Dealer Today
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