Careers

Experiences

Industries

Offices

Our Firm

Pages

Our People

Updates

Practices

Warner Norcross + Judd LLP is a corporate law firm with over 230 attorneys serving clients in nine offices throughout Michigan. Among the largest law firms in Michigan, Warner works in virtually all areas of business law.

Michigan Law Firm - Warner Norcross + Judd LLP

As we reported in our earlier blog, “<a href="/updates/stellantis-overhauls-terms-and-conditions-what-you-need-to-know-at-a-glance-2/" target="_blank" rel="noreferrer noopener">Stellantis Overhauls Terms and Conditions – What You Need to Know at a Glance</a>,” published January 19, 2022, Stellantis issued new Global General Terms and Conditions (the “New Terms”) and related purchasing guidelines at the close of 2021, with an Exhibit A rider focusing on North America (the “North America Rider”). In our prior post, we highlighted a number of the most important changes contained in the New Terms, which comprised a significant overhaul of almost every material aspect of Stellantis’ purchasing terms. These changes were, unsurprisingly, greeted with significant pushback from the supply base, particularly in North America. That feedback, evidently, was heard.

contentpilot/introduction

Stellantis announced on Monday, May 16, 2022, by letter to its suppliers that it has unilaterally rescinded the North America Rider to the New Terms and reinstated in its place the prior 2021 FCA US purchasing terms and conditions. Importantly, while the reversal and purported shift back to prior North American terms is retroactive to January 1, 2022, Stellantis’ action does not otherwise unwind applicability of the New Terms or other region-specific riders. It’s worth noting, of course, that the prior North American terms were and remain buyer-favorable.

core/paragraph

Given the wide-ranging impact of the New Terms and additional complexities introduced by the unilateral and purportedly retroactive rescission of the North America Rider, suppliers doing business with Stellantis should carefully review their contractual situations and how these customer actions may affect the parties’ rights and obligations.

While not entirely unprecedented – <a href="https://www.wnj.com/wp-content/uploads/2022/05/Full_Presentation-The_Updated_GM_General_Terms_and_Conditions_2-20-14_2-1-1.pdf" target="_blank" rel="noreferrer noopener">General Motors modified its newly issued terms and conditions eight years ago</a> in response to supplier feedback ─ this reversal is a rare, abrupt and positive response by an automotive OEM to supplier outcry. Warner’s Automotive Industry Group is experienced in working with suppliers to react to shifting contractual landscapes and strategizing accordingly. To continue a discussion of how Stellantis’ latest actions may affect your organization, please contact Michael Brady, Adam Ratliff, Daniel Bonucchi or your Warner Automotive Industry Group attorney.

Ahead of the Curve Auto Supplier

Automotive

Autonomous, Connected and eMobility

Partner

Daniel G. “Dan” Bonucchi

Executive Partner

Michael Brady

Adam T. Ratliff

Supply Chain Litigation

Stellantis Rethinks 2022 T&Cs After Supplier Feedback

Warner Norcross + Judd LLP is responsible for the contents of our advertising and this website. Please read our full <a href="/privacy-policy/" aria-label="see privacy policy">privacy policy</a> available on our website. If you have any questions or comments about our website or our Privacy Policy please contact us at <a href="mailto:info@wnj.com">info@wnj.com</a> or 616.752.2000. 

Stellantis Rethinks 2022 T&Cs After Supplier Feedback

professionals