FCA Rolls Back Powertrain Warranty
AUBURN HILLS, Mich. — FCA US has reduced its powertrain coverage for 2016 model-year vehicles following a move by General Motors earlier this year to reduce its warranty coverage.
For 2016, FCA will offer a five-year, 60,000-mile powertrain warranty for its Chrysler, Jeep, Dodge, and Ram Truck vehicles powered by gasoline engines, according to a company statement. FCA had previously offered a warranty covering five years and 100,000 miles.The diesel warranty is unchanged.
"Following changes already made by competitors, FCA US is adjusting powertrain warranty coverage for 2016-MY vehicles to be more consistent with industry practices," according to the statement.
The basic warranty, also known as bumper to bumper, remains at three years and 36,000 miles.
In March, General Motors also reduced its powertrain warranty to five years and 60,000 miles.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →