Vehicle Recalls Fell Last Year
Second consecutive decline, though, actually affected more vehicles.

Electrical systems were the most common culprit in recalls over the year, representing 193 recalls, or 21%.
IMAGE: Pexels/Andrea Piacquadio
Automotive recalls fell in the U.S. for the second year in a row last year, though the number of effected units rose sharply.
An annual report released by Sedgwick shows recall events declined by 4% to 916, but effected units jumped 23% to 38.4 million, a three-year high.
The third quarter led the recall events decline with 197, said Sedgwick, pointing out that only two other quarters in the past decade have seen fewer.
Electrical systems were the most common culprit in recalls over the year, representing 193 events, or 21%, the highest level for electrical in more than five years. The trend continued in January to start 2024 and Sedgwick expects it will persist with growing industry emphasis on electrified models.
Originally posted on Auto Dealer Today
More F&I

Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →