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
unique and comprehensive analysis of automotive recall trends, with
the inclusion of an unprecedented examination of defect-related
domestic and international data that can influence the way original
equipment manufacturers (OEMs) and suppliers prepare for
recalls.
Automotive recall activity once again hit a high water mark in
the United States in 2016. Increased vehicle complexity, regulatory
scrutiny, integration of technology, and the aging of the U.S.
fleet have all contributed to the significant number of automotive
recalls. Further, U.S. light vehicle sales have
