Alpharetta, GA. (November 5, 2018) – LeasePlan USA announced today a partnership with AutoAp, Inc., the leading automotive safety recall software company, to offer recall management solutions to fleets.
A recent study – “The Auto Industry’s Growing Recall Problem – and How to Fix It,” shows that OEMs and parts suppliers spent nearly $11.8 billion in claims and recorded $10.3 billion in warranty accruals for the U.S. recalls in 2016 alone. That $22.1 billion total is an estimated 26 percent increase over the previous year. Recall activity from OEMs over the past several years has also followed this trend.