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Connected Customer Experience

Optimize Supplier Warranty Management Through Improved Collaboration and Communication

Author Michael R Blumberg on Apr-29-2019

According a recent study by Warranty Week, warranty claims in the U.S. Automotive Industry have remained relatively stable over the last 15 years.    Among Power Train Suppliers, Warranty and Accrual rates have averaged less than 1% of sales during this time frame.   Apart from outlier years due to the Great Recession and a large-scale recall by one manufacturer, Warranty and Accrual rates have averaged between 2.5% and 2.2%, respectively, for manufacturers of Truck and Large Vehicles.

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