Supreme submitted a Part 573 Defect Information Report to the United States National Highway Traffic Safety Association (NHTSA), reporting a potential safety defect.
According to the Part 573 report, because the marker lights on certain box trucks are mounted on composite corner caps, if an electrical short occurs in the light and the light overheats, the corner cap could ignite. Supreme will notify affected customers and direct them to take their vehicle to an approved service center for installation of an appropriate amperage in-line fuse and a warning decal at no charge to the customer. Supreme is prepared to mobilize on this campaign immediately.
Supreme has estimated its cost for the recall would be no more than $500,000. After expenses accrued by Supreme in the first fiscal quarter of 2016, Supreme estimates it will take a charge of not more than $250,000 in the second fiscal quarter of 2016 for costs of this recall campaign. On an after-tax basis, the second-quarter expense is expected to be not more than $168,000.