Boy is that a tricky question.
On the one hand, thanks to the EPA CAFE "police," it seems every maker has to recommend the lightest possible oil to get that theoretical 0.6% to 1.6% "gain" in fleet economy. That builds CAFE "credits" to minimise or eliminate EPA fines.
Along with that argument, how long are most engine warranties? 3/36?? Even the Hyundai with 10/100 must have some catchy "gotcha's" and if I recall Hyundai until VERY recently used to recommend heavier viscosity oils.
On the other hand, and this is where I become VERY suspicious of the EPA CAFE nonsense, the SAME EXACT motor used in other parts of the world has FAR different viscosity recommendations.
For example, the same Honda motor that here "needs" a 5W-20, in most other parts of the world you are NOT supposed to use a 5W-30 oil beyond 0 C to +10 C (+32 F to +50 F).
No mention at all of any xW-20 oils. Same as with Ford products in other parts of the world.
FYI: Toyota in Australia generally recommends a 20W-50. Here, 5W-30, same motor.
What gives??
Since energy costs are easily 3X to 4X what they are here, you would think the Europeans would all jump on the bandwagon to get their theoretical 0.6% "gain" in fuel economy. Or do they know something we don't??
Their definition of a "light" oil is a 5W-30, and recently to meet the VW 506.x spec, Castrol developed their SLX II LongLife 0W-30.
It's hard to find detailed specs on this oil, but the pour point is rated at -39 C. Must be a beefy additive package to handle 24 month or 50,000km OCI!
On the subject of engine warranty, if anything DOES go wrong, you would probably need proof of having it serviced by the dealer anyway.
Car makers appear to have invented the old saying "excuses are like a** holes, everybody gots one and they all stink!"
I know that with my 2000 GMC Sierra pickup and Vortec 5.3 litre V8, when brand new with the 5W-30 oil, it made tickticktick noises hot and CLACKCLACKCLACK noises cold startup.
I've had 4 years and 67,000km to play with it, and in winter temps, especially colder than -20 C, it runs best on Mobil 1 0W-30.
In summer, especially towing my +8,000 lb trailer, that motor seems happiest with a heavy oil. At least 10W-30, preferably heavier.
In summer 2001 I towed the trailer down to Utah and Nevada and back, hitting temps +110 F. I had Mobil 1 15W-50 and it worked great. No, I would NOT use that oil in winter, but in blazing hot temps, it shines.
So, we're between a rock and a hard place. Do you use "common sense" and match the viscosity to your ambient temps and work load, or do you pray the 5W-20 or 5W-30 oil works as advertised?
Once you're off warranty, the dealer will tell you "TFB sir, you are SOL."
Jerry