Posts Tagged ‘powertrain warranty’
Chrysler Cutting Powertrain Warranty
Monday, August 24th, 2009
CNN Money has reported that Chrysler Group LLC will discontinue its lifetime powertrain warranty starting with the automaker’s 2010 models.
Instead of the lifetime warranty, Chrysler will instead provide a 5-year or 100,000 miles warranty for all of its products, according to Chrysler spokeswoman Jodi Tinson. Tinson explained that the lifetime warranty was scrapped because consumers were confused by the terms and unhappy with the inability to transfer the warranty to the new owner if the car was sold second-hand.
Chrysler has offered the lifetime powertrain warranty since 2007, which covered the costs of repairs to the engine, transmission, and drive system. The lifetime warranty replaced Chrysler’s existing 3-year or 36,000-mile coverage.
The new warranty covers all Chrysler models except for diesel-powered trucks, the Sprinter truck, and Sterling trucks. The Chrysler-built Mitsubishi Raider and VW Routan are also excluded.
Fleet vehicles, including limousines and police cruisers, which were not covered under the lifetime warranty are covered by the new 5-year deal.
Tags: Chrysler, Chrysler Group LLC, CNN Money, powertrain warranty
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Chrysler to Cut 25% of Dealerships
Friday, May 15th, 2009
In a follow up to a recent blog discussing the possible closure of hundreds of dealerships across the country, Chrysler announced today that they are looking to eliminate nearly a quarter of their dealershipsby early June.
In a motion filed with U.S. bankruptcy court, Chrysler said that 50 percent of dealers account for about 90 percent of the company’s U.S. sales.
Dealers were told Thursday morning through letters delivered by UPS whether or not their stores would remain open.
The ripple effect of this move along with possibility of GM doing the same in the coming weeks could be one of the most visible effects of the country’s economic troubles as thousands of jobs will be affected across the nation.
Chrysler said its dealer network “needs to be reduced and reconfigured in a targeted manner to strengthen the network and dealer profitability and to achieve optimal results for the dealers and consumers.”
Companies with fleets that fall under Chrysler will be glad to know that the automaker announced that the company will be notifying over 3.5 million customers of franchises affected by the closing, that their vehicles will remain covered under whatever bumper-to-bumper and powertrain warranty issued at the time of purchase and that it will be honored by remaining certified Chrysler dealers.
Today’s business section at MSNBC.com features a complete list of Chrysler dealers the automaker is looking to shut down.
It might be worth a look to see if your fleet will be affected.
Photo copyright of The Consumerist under the Creative Commons License
Tags: bumper-to-bumper, Chrysler, Chrysler dealers, fleets, GM, MSNBC, powertrain warranty, UPS, US Bankruptcy
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