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2014 Year of Automobile Recalls

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Submitted By dhruvb2016
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2014: Year of Automobile Recalls
2014 is almost certainly going to enter the record books as the year of automobile recalls. According to the data released by Associated Press, more than 550 recalls have been issued by the automakers for more than 52 million vehicles this year with 2 months still to go. Almost every major automaker has recalled its vehicles this year. Be it global giants like General Motors with 26 million cars, Ford with 202,000 cars or Indian auto giant Mahindra and Mahindra with around 23,000 units recalled in July, almost everyone across the globe recalled their vehicles. 2014 has beaten the previous record of 30.8 recalled vehicles set in 2004 by a substantial margin. One question that comes to our mind reading these staggering numbers is whether the automobile industry becoming more and more inefficient or is there something more to the picture?

This decade has already seen more cars recalled than the entirety of the 1970s, despite there being fewer recall campaigns. Image: Society of Automotive Analysts/NHTSA data

The SAA report also found, based on NHTSA data, that the number of recalls for safety-related components has also increased, although the data is more volatile than trends as a whole.

New technologies in automobile industry
Automobile industry has seen a lot of changes in the last decade. Now days, cars are becoming more and more like a high tech device on four wheels. Technological improvements in wireless communications, smartphones and computers have left a huge mark on the automobile industry. Cars are becoming more electronics and data driven. Engines are getting smaller and more powerful. Vehicles have become more fuel efficient with new technologies like MPFI, automatic transmission coming into the picture. Security and legal regulations have become more stringent leading to technologies like ABS, Rear View...

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