By Leftlane Staff
Wednesday, Sep 6th, 2006 @ 7:55 am

General Motors is planning to offer longer warranties in an effort to boost confidence in its vehicles, according to Bloomberg sources. In 2005, GM extended warranties on Buick products to to match Toyota ’s 50,000 mile offer. Earlier this year, GM’s Bob Lutz hinted in a posting on the company’s corporate weblog that GM might extend warranties across the board. “We absolutely need the consumer to have as much confidence in us as we have in ourselves,” Lutz wrote. “And we have some ideas about that to accomplish that; we’ll have something more, something bigger, to say about it in the coming weeks.” Hyundai started offering a 10-year, 100,000-mile warranty on 1999 models after quality problems earlier in the decade. U.S. sales rose 82 percent to 164,190 from a year earlier. It’s not known how long GM plans to make its warranties. An announcement could come later today.

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