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Archived Copies of Warranty Week
December 2002 to Today
With GM now government-owned and several mobile home makers trapped in bankruptcy, industry-wide warranty statistics are losing their meaning. And thanks to the distortions caused by massive sales declines this year, claims rates have also lost much of their relevance during this recession. But among at least the well-run warranty providers, accrual rates have remained proportional to sales rates and quality levels.
September 10, 2009
Properly insured and administered, an extended warranty can survive the bankruptcy of a retailer, dealer, or manufacturer. And in cases where customers doubt the survivability of a manufacturer's product warranties, insurance can reduce uncertainty and build confidence. Could this also work in Detroit?
May 21, 2009
General Motors' Warranties:
The world's largest automaker is running out of cash, and if a government loan doesn't come through soon, bankruptcy may follow. As the largest U.S.-based warranty provider, GM's fortunes may have a Lehman-like ripple effect throughout the entire manufacturing sector. Then again, maybe a court-supervised opportunity to reorganize is just what the company needs?
November 13, 2008
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