Chrysler using "lifetime" warranty to boost sales


DETROIT, July 26 (Reuters) - Chrysler Group said on Thursday it would begin offering a "lifetime" powertrain warranty on almost all of its new vehicles to increase sales and address a longtime concern of dealers. The warranty covers the engine, transmission and drive systems on Chrysler, Jeep and Dodge models for as long as a first-time owner drives the vehicle. It replaces the automaker's current three-year, 36,000-mile warranty. The extended warranty, not transferable if a vehicle is ...

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