Tag Archives: warranty

Managing Warranty, Regulatory, and Commercial Litigation Risks

Elevated warranty expenses for Original Equipment Manufacturers (OEMs) are expected to continue in 2018, and automotive suppliers can expect to continue paying a greater per-vehicle share of these expenses. Because OEM purchase orders and corresponding terms and conditions contain highly OEM-favorable language, exceptions and limitations to supplier warranties are difficult to negotiate.… Continue reading this entry

Stout Issues Third Annual Warranty and Recall Report

By Guest Authors:  Neil Steinkamp and Robert Levine of Stout Risius Ross, LLC Massive automotive recalls continue to grab headlines and raise concerns industry-wide. Recalls of light vehicles topped 50 million units in 2016, representing the third consecutive year of elevated – and record setting – automotive recall activity. Stout’s third annual Automotive Warranty & Recall Report provides a … Continue reading this entry

Warranty Issues in 2017

While the jury is out on whether 2017 will be a peak year for new vehicle sales, elevated OEM warranty and recall costs are likely to continue. OEMs, likely will continue to pay the largest share of these expenses, but suppliers can expect to pay a greater per-vehicle share.… Continue reading this entry

Foley Hosts Breakfast Program at 2016 Auto Show

Foley & Lardner LLP (“Foley”) hosted a breakfast program, “Top Issues Facing the Automotive Industry in 2016,” held in conjunction with the North American International Auto Show on Wednesday, January 13, 2016 at the Detroit Athletic Club. The Foley program featured industry leaders Karl Heimer, Founding Partner of AutoImmune Inc., Praveen Chandrasekar, Consulting & Research … Continue reading this entry