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OEM Light Vehicle North American Production Purchase Order Contract Terms and Conditions Comparative Analysis

Date: September 13, 2024
Industry Trends
Topic
Industry Trends

The publication compares the terms and conditions of BMW, Ford Motor Company, General Motors, Honda, Hyundai, Kia, Lucid, Mazda, Mercedes, Nissan, Rivian, Scout, Stellantis, Toyota, Volkswagen, and Volvo. .

The OEM Light Vehicle North American Production Purchase Order Contract Terms and Conditions Comparative Analysis is a ready-reference publication for the standard OEM Terms and Conditions included in most purchase orders.  It is meant to clarify essential documents within OEM/supplier contractual relationships, and highlights areas most critical to today’s industry environment. 

The publication compares the terms and conditions of BMW, Ford Motor Company, General Motors, Honda, Hyundai, Kia, Lucid, Mazda, Mercedes, Nissan, Rivian, Scout, Stellantis, Toyota, Volkswagen, and Volvo.

The document covers 33 major topics including: 

  • Contract Formation and Termination 
  • Supplier Quality 
  • Service Parts 
  • Invoices and Payment 
  • Setoff 
  • Warranty and Recall 
  • Dispute Resolution 
  • Intellectual Property 
  • OEM-Owned Tooling and Other Property 

The "Analysis" includes a commentary section on each provision to help suppliers understand the differences in the OEM approach and interpret the language and intent of various OEM terms.

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