General Motors is dramatically cutting the warranty coverage on Chevrolet and GMC vehicles beginning with 2016 models.
Too, GM is halving those brands' free-maintenance programs.
Main reason: GM thinks nobody cared.
"Free scheduled maintenance and warranty coverage do not rank high as a reason to purchase a vehicle among buyers of non-luxury brands," said Steve Hill, GM North America vice president.
"Offers that enhance the sales and/or ownership experience are nice, but compelling product trumps them every day of the week," says Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book.
The new warranties will be five years or 60,000-miles on the powertrains, including courtesy transportation and roadside assistance, down from five years or 100,000 miles.
Free maintenance will drop to two visits within 24 months, from four.
Full Article>>
http://www.usatoday.com/story/money/cars...duced/70210660/
Too, GM is halving those brands' free-maintenance programs.
Main reason: GM thinks nobody cared.
"Free scheduled maintenance and warranty coverage do not rank high as a reason to purchase a vehicle among buyers of non-luxury brands," said Steve Hill, GM North America vice president.
"Offers that enhance the sales and/or ownership experience are nice, but compelling product trumps them every day of the week," says Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book.
The new warranties will be five years or 60,000-miles on the powertrains, including courtesy transportation and roadside assistance, down from five years or 100,000 miles.
Free maintenance will drop to two visits within 24 months, from four.
Full Article>>
http://www.usatoday.com/story/money/cars...duced/70210660/