If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the end of the year, a new report from Sedgwick shows. Year-to-date there have been 2,454 product recalls across five key …
Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a …
Results of a new behavioral study into what influences the decision to recall a defective product found that medical device firm managers may rely on their physician-customers to screen out detectable defects, in lieu of issuing a recall. The study …
The number of U.S. vehicles recalled for safety or technical defects plummeted in 2017 after several years of record levels amid major auto safety crises. Manufacturers recalled about 30.7 million vehicles last year, down 42 percent from a record of …
Samsung Electronics Co.’s recall of its fire-prone Galaxy Note 7 smartphone will be one of the biggest recalls ever in the technology industry. The South Korean conglomerate pulled the plug on the entire product line and slashed its third-quarter profit …
Increased scrutiny by federal regulators with bipartisan support from legislators will lead to more frequent and larger auto recalls in the future, according to a new automotive warranty and recall report released by Stout Risius Ross, a global financial advisory …
Robo calls, social media ads, personal letters from the CEO and even a smartphone app are among ways auto companies are trying to convince more customers to get repairs done on cars recalled for serious safety defects. The unusual steps …
For the U.S. auto industry, 2014 was the year of the recall. Automakers issued 803 recalls totaling almost 64 million vehicles, more than double the old record from a decade ago, according to government figures. The National Highway Traffic Safety …
Product liability litigation and regulatory activities in the U.S. often become intertwined. Product liability claims and lawsuits can generate reports to the government and recalls. And, on the flip side, recalls can generate product liability and other lawsuits and contribute …