XGBoost-based risk prediction model for massive vehicle recalls using consumer complaints
Yi-Na Li1,2, Ming Jiang2, Likun Wang2
1School of Public Affairs, University of Science and Technology of China, Hefei, People's Republic of China.
Summary
This study uses XGBoost to predict vehicle recalls from consumer complaints, offering automakers proactive risk management. The models accurately forecast recall risk up to 18 months, enhancing safety.
Area of Science:
- Automotive Engineering
- Risk Management
- Data Science
Background:
- Vehicle recalls pose significant safety risks and economic burdens.
- Predicting recall risk is challenging due to complex data and evolving factors.
- Existing methods often overlook structured complaint data and distinct recall stages.
Purpose of the Study:
- To develop high-precision predictive models for vehicle recall risk.
- To identify key risk factors influencing vehicle recalls using consumer complaints.
- To enhance proactive risk management strategies for automakers and regulatory bodies.
Main Methods:
- Employed the XGBoost machine learning model for in-depth analysis.
- Utilized comprehensive data from the National Highway Traffic Safety Administration (NHTSA).
- Integrated structured consumer complaint data and official recall records.
Main Results:
- Achieved exceptional model performance across various time windows.
- Demonstrated high predictive accuracy and stability with area under the curve values up to 18 months.
- Distinguished between indicators for initial and subsequent recalls, addressing different vehicle lifecycle stages.
Conclusions:
- The XGBoost model provides valuable support for proactive vehicle recall risk management.
- Systematic integration of structured complaint data enhances recall prediction accuracy.
- The study bridges a critical gap in predicting recall risk at different stages of a vehicle's lifecycle.
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