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from Automotive News

The Chrysler group will offer a lifetime full-powertrain warranty on all 2006, 2007 and 2008 Chrysler, Dodge and Jeep vehicles delivered starting today.

Chrysler CEO Tom LaSorda described the program to dealers during a morning conference call.

Chrysler will continue to cover the rest of the vehicle with its three-year, 36,000-mile basic limited warranty. Vehicles with diesel engines and SRT packages are excluded.

Many Chrysler dealers had requested an expanded warranty, saying it would help them compete with offers such as General Motors' 5-year/100,000-mile powertrain warranty.

The warranty offer comes as Chrysler prepares to become an independent U.S. automaker owned by the private equity firm Cerberus Capital Management LP.

Jim Arrigo, a Chrysler group dealer in Palm Beach, Fla., called the warranty move
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