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GM cutting back on powertrain warranty citing lack of interest

Generally, when a manufacturer offers a long, high-mileage warranty, it's a sign that it stands behind its products. On top of that, it's generally a selling point for consumers, who can rest easy knowing that any catastrophic failures will be picked up by the manufacturer. Considering those facts, it does seem rather strange that General Motors is slashing the mileage warranty on model year 2016 vehicles from Chevrolet and GMC. Instead of offering consumers a 100,000-mile warranty, GM will now only offer a powertrain warranty up to 60,000 miles. The five-year warranty period, though, remains unchanged. GM will also cut the number of free services being offered to Chevy and GMC owners, as well as Buick drivers, from four to two. "Through research, we have determined that when purchasing a new vehicle, included maintenance and warranty rank low on the list of reasons why consumers consider a particular brand over another," explained a memo sent to dealers by Chevrolet VP Brian Sweeney and his GMC counterpart, Duncan Aldred, and obtained by Automotive News. "As a result, we have benchmarked our competitors, reviewed our current offerings and have concluded the following modifications to align closely with our customers' needs and expectations." While the move might seem odd, Sweeney and Aldred are right – according to Automotive News, Ford, Honda and Toyota each offer a five-year, 60,000-mile powertrain warranty. As for what the money saved by trimming the powertrain warranty will go towards, a GM spokesperson simply told AN that the company will "reinvest the savings we will realize into other retail programs," some of which have been requested by consumers. What are your thoughts? Would a 40,000-mile reduction in a new vehicle's powertrain really turn you off from buying one? Even if it matched its competitors? Is GM better off spending its money elsewhere? Have your say in Comments. Featured Gallery 2016 Chevrolet Equinox View 10 Photos News Source: Automotive News - sub. req.Image Credit: Chevrolet Chevrolet GM GMC Auto Repair Maintenance Ownership warranty

Electric Corvette sets mile record at 186.8 MPH

When we first saw the Genovation GXE all-electric Corvette on its stand at the Battery Show 2015, we were given some impressive specs – a three-second 0-to-60 run and a 200-mile-per-hour top speed – all made possible by over 700 electric horses spittin' out more than 600 pound-feet of torque. Turns out, it may just live up to that high-speed hype. With Bob Simpson – project manager (and EVDrive co-founder) – riding shotgun and multi-record holder Johnny Bohmer holding the wheel and applying a heavy right foot, the battery-powered C6 Z06 hit 186.8 mph on the tarmac of the NASA Shuttle Landing Facility at the Kennedy Space Center in Cape Canaveral, Florida. That run puts the GXE in the International Mile Racing Association (IMRA) record books under the heading of "Top Speed Street Legal Electric Car." According to the press release, which you can read below, the record was set on the car's first day of testing. Its builders have confidence it's good for even more. Though they haven't said if, or where, further speed runs would occur, we can't help but think a one-on-one match up would be interesting, say, against a certain Zombie 222. Similarly fast – it reached 177.8 mph from a dead stop at the Texas Mile – it would make for a classic confrontation. Genovation vresus Blood Shed Motors; vintage pony car versus modern sportscar; DC drivetrain versus AC, the possibilities are endless. Genovation offers its GXE for $330,000 (or $290,000, if your supply the Vette donor). It features a 6-speed manual transmission, a 44kWh battery pack and is said to be good for 150 miles on a full charge. Related Video: FLORIDA (2/29/2016) -- Genovation Cars is proud to announce a new top speed record achieved by its prototype high-performance all-electric Corvette, the Genovation eXtreme Electric or GXE. The vehicle was being tested at the Johnny Bohmer Proving Grounds/Shuttle Landing Facility in Florida, conducting research to improve vehicle performance. During the course of testing, the car broke the record for the Top Speed Street Legal Electric Car category with a speed of 186.8 mph on the date of February 23, 2016. The record was certified by the International Mile Racing Association (IMRA). The previous record was 177 mph, set by a Finnish prototype car. The GXE, based on a 2006 Z06 Corvette, includes a state-of-the-art battery management system, inverters, batteries and electric motors that produce in excess of 700-hp and 600 lb-ft of torque.

Chevy, Lincoln dealers say they still want sedans

Detroit automakers have famously turned their backs on sedans as they make the strategic bet to double down on money-making trucks and SUVs, but dealers for at least two American brands are giving the companies contrary signals. In separate recent interviews with leading national dealer councils for Chevrolet and Lincoln, Automotive News reports that both brands’ dealers still see a need for cars. The publication published a Q&A interview with Mike Bowsher, chairman of the Chevrolet National Dealer Council, who said Chevy dealers managed to hold onto market share last year despite the phase-out of the Cruze compact sedan and hatchback, thanks to products like the Spark and Sonic subcompacts and the Trax and Equinox crossovers. But, he acknowledged, “We do feel like we could use a car, especially in the low-MSRP range.” The comments follow similar recent comments from Tom Lynch, who chairs the Lincoln National Dealer Council. He told AN, “If weÂ’re not in segments where there is still a good amount of business, I think the company and the dealers lose out.” The Cruze was one of the victims of GMÂ’s November 2018 announcement of plant closures, with production having ceased with the closure of GMÂ’s Lordstown, Ohio assembly plant last year. GM sold 47,975 Cruzes in 2019 but a healthy 142,617 in 2018. At Lincoln, Lynch said the council has been telling the company it needs to stick with the sedan segment, despite plans to kill the MKZ sedan in the coming months and unconfirmed reports that the Continental isnÂ’t long for this world, either, despite the buzz of the suicide-door Coach Door Edition, shown in the photo above. Lincoln sold 17,725 MKZs and 6,586 Continental sedans in 2019, down a combined 15%, but still good for almost 22% of overall Lincoln sales. It's worth noting that Lincoln competes in a luxury segment that still expresses allegiance to four- and two-door cars. Even Cadillac, its cross-town rival, is staying active with the upcoming CT5 and CT4 sedans. Lynch pointed to Tesla as evidence that strong sedan products can resonate with consumers, though he conceded that “What that looks like for Lincoln going forward, IÂ’m not sure of.” For now, anyway, Chevy still offers the Sonic and Spark subcompacts, the latter of which saw sales climb 32.5% in 2019 to 31,281 (Sonic sales fell nearly as steeply).