Tag Archives: lemon laws

Chevrolet Offers New Car Refund

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General Motors (GM) new marketing plan aimed at clearing out remaining inventory of Chevrolet vehicles, will allow customers to return their vehicle for a refund if they are not satisfied with their purchase. Chevrolet’s “Love It or Return It” offer will allow customers of any new 2012 and 2013 model year vehicles, to a full refund as long as there is fewer than 4,000 miles and the customer has driven the vehicle for at least 30 days.

Buyers who choose to return their vehicle will get all their money back, including sales tax. Unfortunately, expenses such as any additional taxes, licensing, registration and extras such as extended warranties will still have to be paid by the customer. GM hopes the plan will encourage customers to give Chevrolet vehicles a try, winning back some of the market share lost to import oriented markets. The promotion will be offered until Sept. 4, 2012.

Chevy Captiva Park Brake Could Disengage

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General Motors (GM) have announced a recall for certain 2012 Chevrolet Captiva sport passenger vehicles because they may fail to conform to the park brake performance requirements of the federal motor vehicle safety standards. According to the recall report, the park brake cable may not be fully seated and could separate from its connector. The park brake could become inoperative and the vehicle could roll away unexpectedly. Dealers will inspect and secured the cable as necessary. Owners wanting more information on the problem can contact the Chevrolet owner center at 1-866-694-6546.

VW Acquires Remainder Of Porsche

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Volkswagen (VW) has announced that they have reached an agreement to acquire the remaining 50.1% of sports car maker Porsche, after a seven year battle between the two German automobile manufacturers. In 2005, Porsche began buying up VW in an attempt to protect both car makers from corporate takeover. By 2008, Porsche had already owned 42.6% and admitted to a complete takeover of VW as they try to buy up 75% of the company. The plan was put on hold because of legal problems and tax hurdles that ended up putting Porsche almost $12.5 billion in debt. The failed takeover has allowed VW to turn the tables, and the complete takeover of Porsche by VW is expected to be finalized by August 1st, 2012.

Under the current agreement, Volkswagen will take over Porsche’s sports-car operations, leaving Porsche SE a stand alone holding company. By completing the deal this year, instead of in 2014 the companies said they would save an extra $400 billion in costs through the integration. According to Volkswagen Chief Executive Martin Winterkorn, the agreement will allow both companies to move forward and become stronger, something they have not been able to achieve the last three years as the takeover left both car makers in limbo.

Automobile Sales Up For June

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Automobile manufacturers reported strong vehicle sales in June despite analysts predictions that the automobile economy is likely to slow for the summer. The average increase for dealership sales was 22% with Toyota and Honda showing the strongest gains. Consumer interest in larger vehicles, such as pickup trucks and sport utility vehicles (SUVs) is being attributed to a sudden drop in the price of fuel, and low interest rates and the release of new models is bringing in consumers who have been delaying purchasing a new vehicle because of lack of confidence in the economy.

BMW And Toyota Share New Technologies

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German automobile manufacturer BMW and Japanese automobile manufacturer Toyota have announced that they will be expanding a 2011 agreement between the two companies to share strategic technologies in four different areas. BMW and Toyota emphasized that they have no intentions of building stakes in each others companies. Both say they share the same strategic vision of sustainable individual future mobility and feel their alliance will only strengthen both companies competitive position in sustainable future technologies. The agreement includes:

  • The joint development of a fuel cell system.
  • The joint development of architecture and components for a future sports vehicle.
  • Collaboration on power train electrification.
  • Joint research and development on lightweight technologies.

The agreement will also end any further discussions of BMW working with General Motors and will eventually dissolve a joint venture with France’s PSA Peugeot Citroen to share components for hybrid cars.

Audi Sunroof Could Shatter

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Volkswagen is recalling certain 2012 Audi Q5 vehicles because the sunroof was installed with a glass that could shatter in extremely cold weather conditions. If the sunroof breaks while the vehicle is being driven, the occupants could be injured by falling glass, increasing the chance of an accident. Volkswagen will be notifying owners of the problem starting in August, and will replace the sunroof glass free of charge. For more information on the defect, owners can contact Volkswagen at 1-800-822-8987.

Toyota Acceleration Pedals Still A Problem

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Toyota’s 2009 unintended acceleration problems continue as Toyota announces a recall for certain 2010 Lexus RX350 and 2010 Lexus RX450H vehicles manufactured between November 2008 through September 2010. According to the recall report, the accelerator pedal could get trapped under an unsecured or incompatible floor mat, allowing the vehicle to accelerate out of control. An accident could result if the the driver fails to rectify the problem quickly. Lexus will begin notifying owners of the problem starting in August, and will modify the accelerator pedal and replace any floor mats not specified for the vehicle. Owners wanting more information about the problem can contact Lexus at 1-800-255-3987.

Chevrolet Cruze Fire Risk

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General Motors (GM) has announced two recalls for certain 2011-2012 Chevrolet Cruze vehicles, both of which could result in fire, possibly causing injury or death to the vehicle occupants.

  • The first defect involves fuel tank strap attachment welds which may have been omitted during manufacturing. In an accident the tank could come loose resulting in a fuel spill that could ignite in the presence of an ignition source. GM will inspect the vehicles for missing welds and will secure the tank bracket attachment with fasteners as necessary.
  • The second problem involves the engine shield belly pan. Spilled or dripping oil could accumulate in the shield, and the hot engine or exhaust system surfaces could cause it to ignite. Dealers will modify the shield to prevent the fluid build up and will apply a protective tape to the electronic power steering wire harness to vehicles with manual transmissions.

Owners wanting more information about the problems can contact the Chevrolet owner center at 1-866-694-6546.