Number of auto recalls in 2014 breaks record


BLOOMBERG: For the first time, more than 60 million cars have been recalled this year.

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BLOOMBERG: For the first time, more than 60 million cars have been recalled this year.

The tally of 60.5 million through today is almost double the previous annual record of 30.8 million recalled vehicles set in 2004, according to an analysis of data on the website of the National Highway Traffic Safety Administration. The number will rise further as recent recalls that have been announced by automakers are recorded in the database.

“I don’t think we’re going to see a year like this for a long time,” said Neil Steinkamp, a managing director at Stout Risius Ross who studies warranty and recall issues.

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