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Ferrari Wants To Charge Owners With $7,500 Yearly Battery Fee

Carscoops

Ferrari offers $7,500 annual battery subscription for extended warranty and potential replacements. Subscription aims to boost revenue and ease customer concerns about battery life in hybrids, EVs. The extended warranty also covers all defects related to the battery, providing owners with some added peace of mind.

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Subaru Settles Fuel Pump Class Action, Lawyers Get $15.5 Million vs. $81,250 For Owners

Carscoops

The automaker will extend fuel pump warranty to 15 years after initial service date. Subaru will compensate owners of select 2017-2020 models with defective fuel pumps and extend warranties to 15 years. However, it’s not the owners of defective Subarus who will walk away with the healthiest payday.

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WSG uses Bumper PayLater finance service after successful dealer pilot

Motor Trader

Mobile Mock Ups – Landscape – 6 Warranty Solutions Group (WSG) has struck a deal with Bumper to use its up front interest-free car payment service for customers. Over the past few months, WSG has been piloting Bumpers PayLater solution for customers renewing their warranty.

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Blink Charging, EVSTAR Introduce Protection Plan for EV Charging Infrastructure

AutoSuccessOnline

a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has announced in a press release a strategic agreement with EVSTAR to introduce extended warranty coverage options for Blink customers. Blink Charging Co. ,

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Lotlinx Industry Survey On Inventory Carryover & Markdown Strategies Reveals Major Disconnects And Challenges Faced By Dealers For Modern Retailing

Dealer World

This task is fraught with challenges that can directly impact profitability, customer satisfaction, and overall operational efficiency. The majority of dealers (18%) manage inventory carryover with price markdowns, dealer trades, and extended warranty offers, followed by 16% conducting aggressive marketing campaigns.

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Guide to Extended Toyota Warranty

Car Examer

This guide will walk you through the key aspects of Toyota’s extended warranty, helping you understand the benefits and how to keep your vehicle covered. Book inspection Up to 10 Years / 100,000 Miles Toyota Warranty Every new Toyota vehicle comes with a standard 3-year manufacturer warranty.

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EVs are up to 50% more expensive to repair than ICE

Motor Trader

This drives up labour costs, as repairs often require trained professionals, sometimes through the manufacturer or specialised dealers.” ” EVs contain unique components such as large battery packs, electric motors and power electronics, all of which are expensive to manufacture and replace.