Arizona Attorney General Terry Goddard says that Fiat and the new Chrysler Group LLC have agreed to honor the Lemon Law rights of existing Chrysler owners when the new company takes control, pending court approval.
Arizona’s Lemon Laws provide consumers with rights and procedures to obtain a refund or a replacement vehicle if a new car develops a significant problem that can’t be fixed after a certain number of repairs.
Goddard says there was a question whether the new Chrysler Group would be required to honor Lemon Law rights for cars sold or leased by the company before the closure of the “Old Chrysler.” But Fiat negotiated an agreement with a group of state attorneys general. It is contained in the Bankruptcy Court judge’s order issued June 1.
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