While Chrysler’s lifetime warranty made a splash when it was first introduced, it seems that many, perhaps even most, customers did not believe in it, assuming that Chrysler was planning to drop support for the warranty through bankruptcy or an ownership change. (It did not help that at least one dealer losing their franchises called [...]
Chrysler is dropping its lifetime warranty from 2010 models, though it will remain on 2009 models. Instead, the company will provide a free 5 year, 100,000 mile powertrain warranty, which, instead of being transferable, is assigned to the car itself, so that anyone who buys a used 2010 Chrysler, Dodge, or Jeep second-hand, third-hand, etc., [...]
With the emergence of Chrysler Group from bankruptcy, the Obama Administration is terminating its program that essentially provided government guarantees for new vehicle warranties. The $641 million allocated for the program, that also covered new GM vehicles, has been returned to the Treasury with interest.
“With the successful emergence of the new companies, consumers can now [...]
Allpar members report Chrysler has made some changes to its Certified Pre-Owned Vehicle service programs.
The new programs became effective March 9th; they feature two levels of coverage with the base limited warranty.
The certified buyer gets an initial three-month, 3,000 full mechanical coverage which then reverts to a six-year/80,000-mile powertrain coverage plan (based on six years [...]
After 23 years of service, Don Goodwin, Vice President—Global Service, announced his intention to retire at the end of November. He had spent 21 years in product development. With his departure, Chrysler announced a “realignment” of the Service and Parts organization; pending that, numerous executives will report to Executive Vice President Simon Boag, who is [...]
Chrysler has started to polish its image with the following online ad. Chrysler’s CEO, Bob Nardelli, was the only Big Three CEO to agree to a $1 per year salary while taking Federal loans.
The domestic automobile industry is an integral part of the U.S. economy, representing 4% of our nations GDP. One in ten jobs [...]
Though he has opposed loose use of bankruptcy laws in the past, the lead Republican critic of auto industry bridge loans, Senator Richard Shelby, whose turf includes several “transplant” car factories, has strongly urged the Big Three automakers to declare bankruptcy to “free themselves” of past obligations.
Senator Shelby has noted that bankruptcy would allow [...]
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