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U.S. Auto Recalls of 51.3M in 2015 Break 2014 Record

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Auto recalls in the U.S. hit 51.26 million units in 2015, setting a new record. Massive recalls related to defective Takata airbags as well as stricter implementation by the government contributed to the large number of recalls. High fines imposed on many automakers for delay in reporting safety issues also prompted many companies to proactively announce safety recalls.

In total, automakers announced nearly 900 recalls last year, which was also a new record. The previous record for both the number of recalls as well as the number of vehicles recalled was set in 2014, when automakers announced 803 recalls covering 50.99 million vehicles. The number of vehicles recalled in 2014 was revised downward from 64 million to eliminate double counting related to malfunctioning Takata airbag inflators and a shift of some recalls to 2015.

The defective Takata airbags can explode, shooting metal fragments and injuring passengers, in case of a car crash. The estimated number of flawed Takata airbag inflators in the U.S. is around 23.4 million units in 19.2 million vehicles. There have been at least 8 fatalities and 100 injuries globally due to these faulty airbags.

Notable among the 12 automakers that have been affected by the malfunctioning airbag inflators are Honda Motor Co., Ltd. (HMC - Free Report) , BMW, Toyota Motor Corporation (TM - Free Report) , General Motors Co. (GM - Free Report) , Nissan Motor Co. Ltd. (NSANY - Free Report) , Ford Motor Co. (F - Free Report) , Fiat Chrysler Automobiles N.V. (FCAU - Free Report) and Mitsubishi Motors Corp. Among these, Honda has been impacted the most by this defect.

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