GM INCREASES WARRANTY ON ALL NEW VEHICLES

General Motors has announced that it will boost the powertrain warranty on all 2007 vehicles to five years or 100,000 miles.

From the WSJ article, "GM is counting on the new warranty plan to give consumers who still perceive GM cars and trucks as lagging in quality a reason to consider its vehicles, Mr. LaNeve [head of marketing and sales in North America] said. He said GM vehicles have made quality improvements, but acknowledged that there is still an image gap among some consumers. Due to improved quality, GM has been able to cut warranty repairs by 40% over the past five years."

WSJ.com
TheStreet.com