AutoExec Summary
MG Motor Australia has launched a new market-leading 10-year, 250,000km warranty for its entire vehicle range, including combustion-powered vehicles, electric vehicles, and plug-in hybrids. The warranty also includes a seven-year, unlimited-kilometre anti-perforation and paint warranty. However, commercial use reduces the warranty to seven years or 160,000km. The move aims to increase customer confidence and brand loyalty. MG has also reduced prices for its ZS EV and MG 4 models. Mitsubishi offers a similar 10-year warranty with 200,000km coverage, but with servicing restrictions. It remains to be seen if other companies will adopt longer warranties. Hyundai, Kia, GWM, and SsangYong have previously introduced extended warranty periods in the Australian market.
Brands mentioned: MG Motor Australia, Mitsubishi, Hyundai, Kia, GWM, SsangYong.