Uetz Quoted in Reuters About Ford Motor Co.’s Move to Rein in Warranty Costs
24 November 2020
Partner Ann Marie Uetz was quoted in the Reuters article, “Ford’s new CEO tackles warranty costs in bid to boost profit,” about Ford Motor Company’s recent move to charge suppliers upfront for half the cost of a warranty problem. The move is an effort to help improve the company’s financial performance by reigning in rising warranty repair costs.
According to the article, bad parts from suppliers account for nearly one-third of Ford’s warranty costs.
Uetz told Reuters that “warranty recovery is increasingly seen as a revenue source,” by automakers. “Often times, it can feel like a bit of a grab,” she said.
People
Related News
25 July 2024
In the News
Donald Schroeder on Groff – ‘Supreme Court decision is inviting a more fact-based analysis’
Foley & Lardner LLP partner Donald Schroeder assessed the impact of the U.S. Supreme Court’s 2023 decision in a religious accommodation case as it returns to the district court in the Law360 article, “A Year After High Court Spotlight, Groff Case Still A Bellwether.”
24 July 2024
In the News
Louis Lehot Featured in Q&A on How Startups Can Prepare for IPO
Foley & Lardner LLP partner Louis Lehot features in the Q&A, "How startups can get in top shape for an IPO, according to Silicon Valley lawyer Louis Lehot," part of Business Insider's Road to IPO' series.
24 July 2024
In the News
Courtenay Brinckerhoff on Patent Cap in Drug Pricing – ‘Hard to predict if this will make a difference’
Foley & Lardner LLP partner Courtenay Brinckerhoff discussed a recent bill passed in the U.S. Senate aimed at lowering drug prices by limiting the number of patents that can be asserted in cases over biosimilars in the Law360 article, “Patent Cap In Drug Pricing Bill Seen As Having Muted Effect.”