Automakers Launching More Voluntary Recalls

The New York Times is reporting today that, in the wake of Toyota’s recalls, automakers across the industry are initiating significantly more recalls without waiting for government regulators.

“The numbers underscore the sudden shift,” said the Times. “Two times as many cars and trucks have been recalled in the last 12 months than have been sold, although many of the recalled cars were from previous years.  More than 22.4 million recall notices were sent to consumers in that period, including 10 million from Toyota…  By comparison, the industry has sold a little more than 11 million new cars and trucks in that time.”

The Times,citing industry analysts, said automakers were reacting to the potential for harmful publicity if the automaker is perceived as delaying a recall.

To read more, please click on http://www.nytimes.com/2010/08/25/automobiles/25recall.html?_r=1&sq=carmakers&st=cse&adxnnl=1&scp=1&adxnnlx=1282752060-MuTx5yE3ubFz2sLJ4MTSEg

Please visit our website: 

Blog News