Email List Sign Up

Chrysler drops lifetime powertrain warranty, eases transfers

Chrysler drops lifetime powertrain warranty, eases transfers


Bradford Wernle
Automotive News | August 19, 2009 – 6:48 pm EST

 

DETROIT — Chrysler Group is abandoning its lifetime powertrain warranty in favor of five-year, 100,000-mile coverage that’s more easily transferred to a new owner.

Spokesman Rick Deneau said the switch was made after discussions with its dealer council. The change is effective on all 2010 model-year vehicles.

Customers can now sell their vehicle and transfer the warranty to a new owner at no charge, Deneau said.

“The issue of transferability was something people found very appealing,” he said. The lifetime powertrain warranty “wasn’t as valuable to consumers as we might have hoped.”

The new warranty also broadens the policy to vehicles that weren’t covered under the lifetime warranty: all SRT performance vehicles and the Viper sports car. It does not cover Dodge Sprinter commercial vans or Dodge Ram trucks with diesel engines, Deneau said.

Chrysler introduced the lifetime plan in July 2007, just before being acquired by Cerberus Capital Management. The automaker is now controlled by Italy’s Fiat S.p.A. as part of a U.S.-directed rescue and six-week bankruptcy.

Share
Seniority Lists
Recent Posts!
Bargaining Committee

Chairman
Mike Herron
President
Tim Stannard
Zone at Large – 1st
Danny Taylor
Zone at Large – 2nd
Mark Wilkerson
Committeepersons
Joe McClure
Chad Poynor
Steve Roberts
Derek Lewis
Bill Cundiff
Kirk Zebbs
Don Numinen
Jay Minella
Danny Bragg
Chris Hill
Rashad Thomas
Keith Oswald
Chris Brown

1853 Officers

President
Tim Stannard
Chairman
Mike Herron
Vice President
Darrell DeJean
Financial Secretary
Mark Wunderlin
Recording Secretary
Peggy Mullins
Trustee (3)
Jay Lowe
Dave Clements
Dave Spare
Sgt. at Arms
David C Spare
Guide
Ashley Holloway
E-Board at Large (2)
David Ryder
Steve Roberts
GM Unit Chair
Mike Herron
Voith Unit Chair
Larry Poole
Ryder Unit Chair
Patrick Linck
AFV Unit Chair
Neil Osborne
Retiree Chair
Mike Martinez

Get Text Alerts



asdasdsd

*Standard text messaging rates may apply from your carrier