By Staff Writer February 19, 2024
Automotive recalls decreased for the second consecutive year in 2023, falling from 955 in 2022 to 916, according to Sedgwick’s 2024 State of the Nation Recall Index report. However, the number of units recalled increased 23% year-over-year, to 38.43 million in 2023, led by electrical system issues.
The report showed U.S. product recalls overall reached a seven-year high in 2023, increasing 11% from 2022 to 2023.
While the automotive industry and policymakers are still focused on the transition to electronic vehicles (EVs), hesitation amongst consumers has prompted some manufacturers to revisit hybrids as an intermediate option to still make progress towards emission reduction goals, the report stated. However, officials are still working to implement a nationwide charging infrastructure and to otherwise incentivize the manufacture and purchase of EVs and lower emission vehicles. The industry should also expect continued scrutiny of vehicles that use emerging technologies like autonomous driving systems, as regulators work to adapt rules to address driverless vehicles.
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