Q3 2024 Recall Report

Summary of Recalls in Q3 2024 and YTD 2024

Over 21 Million Vehicles Recalled YTD 2024: Despite a slight decrease from 2023, the sheer volume of recalls continues to highlight significant safety concerns, with 6.5 million vehicles recalled in Q3 2024 alone.
Tesla Leads in Recalls, But All Are Fixable via OTA Updates: Tesla topped the list in Q3 2024 with nearly 1.9 million vehicles affected, all of which can be addressed through Over-the-Air updates, showcasing their efficiency in managing recalls without customer disruption.
Electrical Systems Remain the Top Recalled Component: Advanced vehicle technologies have driven a surge in electrical system recalls, accounting for 6.3 million vehicles YTD 2024, making it the most recalled component across the industry.
"Park Outside" and "Do Not Drive" Advisories Are on the Decline: The percentage of vehicles with "Park Outside" advisories has dropped to 3% YTD 2024 from 14% in 2023, while "Do Not Drive" advisories remain minimal at 0.1% YTD 2024.
Top Four Manufacturers Responsible for 84.6% of Q3 Recalls: Tesla, Chrysler/Stellantis, BMW, and General Motors accounted for the majority of recalls in Q3 2024, indicating concentrated safety challenges among these major automakers.
Improved Recall Management with OTA Remedies: Over 34% of vehicles recalled YTD 2024 can be fixed via OTA updates, up from 21% in 2023, reflecting the industry's shift towards more efficient and customer-friendly recall solutions.

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