Benitez-Silva, Hugo; Bae, Yong-Kyun - Economics Department, State University of New … - 2010
The number of automobile recalls in the U.S. has substantially increased over the last two decades, and after a record of over 30 million cars recalled in 2004, in the last few years it has consistently reached between 15 and 17 million, and in 2009 alone 16.4 million cars were recalled....