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Business

Cars recalled in 2014

As of June 23, 2014, the auto industry has broken the U.S. annual record for safety recalls in less than half a year. There are two main reasons for the high rate of recalls: Increased self-governance by automakers who are wary of fines and lawsuits; the use of shared parts in the global modular supply chain, where dozens of models across several makes can share a part such as a Takata air bag. Despite the nuisance for consumers and the cost for automakers, vehicles have never been safer. Read the article >>>
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