My Automotive News daily mail had this excerpt this morning:
General Motors will extend vehicle warranties across all of its brands. The new marketing move is expected win over consumers who have migrated to brands such as Hyundai and Kia, which offer 10-year/100,000-mile powertrain warranties.
My emphasis added.
Later on, there was an additional news alert giving the details as follows:
DETROIT — General Motors is increasing the powertrain warranty on all its 2007 model vehicles to 5 years or 100,000 miles, the automaker said today.
The powertrain warranty is transferable and has no deductible, GM said. Previously, GM’s powertrain warranty typically was for three years or 36,000 miles.
The move is a bid by the automaker to counter successful marketing of long-term warranties by competitors such as Hyundai and Kia.
In July, rival Ford Motor Co. increased the powertrain warranty on Ford, Mercury and Lincoln vehicles for 2007 models. The warranty is five years or 60,000 miles for Ford and Mercury vehicles, and six years or 70,000 miles for Lincoln vehicles.
I assume for the moment that this is just for the US market, though I’ll be asking around.
This is now appearing on the Saab USA website: