5 YEAR WARRANTY!!!
 

Just in on CNN...GM states it will now offer a new 5 year warranty on all of it's new cars and trucks saying they will stand behind their workmanship. I haven't found any articles yet, but I'm sure they will be posted soon.

I've heard about this...that's great news if it's true! :)

Oh, it's true Moose. I was watching CNN when they announced it. Let me see if I can find an article...:D

News bulletin
GM offers 5-year/100,000-mile warranties on '07s

September 6, 2006

Email this Print this By Angela Tablac

Free Press business writer




Rick Wagoner, chairman and CEO of General Motors, announces that all GM cars and trucks will come with a 100,000 mile/5 year powertrain warranty and roadside assistance. (ERIC SEALS/Detroit Free Press)
General Motors Corp. announced today the extension of its warranty coverage to 100,000 miles or five years for all its 2007 car and light-truck models in the United States and Canada.

The new fully transferable, limited powertrain warranty is the “next chapter in the GM turnaround story,” Chairman and CEO Rick Wagoner said at a press conference at GM Renaissance Center’s outdoor Wintergarden in Detroit.

“It’s something our customers want and something our employees and dealers want to offer,” Wagoner said. The coverage is the best warranty of any full-line automaker.

GM said the coverage reflects confidence in its product quality. Total warranty repairs have been reduced by 40% over the past five years, Wagoner said at the conference.

The warranty, fully transferable and with no deductible, covers more than 900 components connected to the engine, transmission, transfer case and final drive assemblies. It applies to all 2007 Chevrolet, Pontiac, Buick, GMC, Hummer, Saturn, Saab and Cadillac cars and light trucks sold in the United States or Canada. GM also expanded roadside assistance and courtesy transportation programs.

GM executives said the five-year, 100,000-mile coverage matches consumer cycles for buying cars. They declined to disclose how much this warranty will cost the automaker.

Hyundai’s 10-year, 100,000-mile warranty played a significant role in the automaker’s turnaround. GM executives hope the same is true from their coverage.

“It’s part of the natural progression of Rick’s turnaround plan,” said Jamie Hresko, GM’s vice president of North America quality.

Korean automaker Hyundai offers 10-year, 100,000 mile powertrain guarantees.

In July, Ford Motor Co. extended its powertrain warranties by up to two years on its 2007 Ford, Lincoln and Mercury models.

On Ford and Mercury vehicles, the powertrain warranty was raised to five years or 60,000 miles, whichever comes first, up from the current three-year, 36,000-mile bumper-to-bumper warranty.

Lincoln powertrain warranties were extended to six years or 70,000 miles, up from the previous four-year, 50,000-mile bumper-to-bumper guarantee.

The warranties cover the engines and transmissions and are retroactive to any 2007 models that already have been purchased, Ford said. The automaker also
offers similar guarantees on 2006 models still on the lots.

LaNeve said GM picked five years and 100,000 miles because that’s the normal length of time that owners keep cars and trucks.

He would not disclose the cost of the warranties, but said that GM’s quality has improved incrementally over the last five or 10 years to the point where it’s cost-effective to offer such guarantees.

Great! ;)

Another reason to buy that 5th Gen.! :D

GM ups powertrain warranty to five years, 100,000 miles

Automotive News Published: 9/6/06 10:00 AM

General Motors is increasing the powertrain warranty on all its 2007 model vehicles sold in the United States and Canada 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. story

UPDATED: 9/6/2006 3:58 P.M.

I really don't find this a big deal, this deals with only the Powertrain Warranty...make it Bumper to Bumper for 5yrs/100K then it's a big deal. Just my 2 cents worth.

Al

I'm with you. Bumper to bumper would be great, powertrain only is no big deal. If you have problems with your engine or tranny in the first 5 years you aren't taking very good care of it.

It’s a great deal. Are there any car companies offering a 100k mile bumper to bumper at this point in time? Besides, how many of us are going to wait five years before we start installing Mods that void that warranty??? Not me, as soon as there are aftermarket Mods available I going to buy and install them… That the addiction we all suffer from… I need this , I need that, I need this, I need that, and don’t forget about those. It never ends. I think I need counseling… :D

HA! My wife thinks I need counseling too. Or, at least WE need counseling due to my car addiction!!!

We have the 10 yr 100K mile warranty on the kia and so far we haven't had to use it. But, it sure is nice knowing that it's there. And, that's kinda the same. Powertrain, I think, is 5 years. As far as this being a big deal....
IT IS. I took care of my 02 Z28 and still had the trans go w/ only 6K miles on the odo. With the powertrain being covered for 5 years, that's a huge plus for those who get on it from time to time. If you haven't had powertrain problems while being in your 4th or 5th year of owning a vehicle, I'd say your pretty lucky. It doesn't have to be a driver/owner error. Sometimes, stuff just breaks.

Also, when I got my 02 SS, I went to Warranty Direct and got the Major Care plan for the extended warranty. It covers me for 4 extra years and up to 75K miles....if I remember correctly. But, it's mailny for powertrain and the "big ticket items". I don't wanna be down the road and end up having problems when I think they could have been avoided.

I'd go for 4 yrs bumper to bumper.

Here is more info on it.

http://www.gm.com/warranty/index.jsp...=en&cmp=gm_com

bumbper to bumper is no big deal, the thing that matters is the powertrain, not only if you break something but for the camaro, this being a totally new machine, nothing is from other cars and hasnt really been street tested yet. powertrain to me is the most important, but in the end im sure ill end up voiding every warranty the car has on it. :)

Attachment 264
Rick Wagoner, chairman and CEO of General Motors, announces that all GM cars and trucks will come with a 100,000 mile/5 year powertrain warranty and roadside assistance.

Great to see GM standing behind its products. Hopefully this means reliability is increasing more and more, including the new camaro when it comes out.