Using Economic Intelligence for Business Success


The Future of Used Car Recalls

A recent Automotive News report states that one in four vehicles for sale by CarMax has a safety recall that need to be fixed. A separate report by consumer advocate group the Center for Auto Safety places it at 27 percent. Whatever the exact amount, the scandal has proven to be a black eye to the automotive giant CarMax.

According to the Automotive News article, CarMax isn’t authorized to complete recall repairs and close out recalls, the company stated that repairs are, “based on the manufacturer’s relationship with its dealers and registered vehicle