....or Imp-alas or Kadillacs or whatever, even if the warranty is no good...
U.S. will guarantee GM, Chrysler warranties, Obama saysNew GM said not responsible to fix Impala made by old GM(snip)
In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday.
"Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech. "Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty."
(snip)But in any event........we gotta save Government Motors!(snip)
The current company, called "New GM," said it did not assume responsibility under the reorganization to fix the Impala problem, but only to make repairs "subject to conditions and limitations" in express written warranties. In essence, the automaker said, Trusky sued the wrong entity.
"New GM's warranty obligations for vehicles sold by Old GM are limited to the express terms and conditions in the Old GM written warranties on a going-forward basis," wrote Benjamin Jeffers, a lawyer for GM. "New GM did not assume responsibility for Old GM's design choices, conduct, or alleged breaches of liability under the warranty."
I admit to having owned a 1938 Oldsmobile 76 sedan, a 1950 Oldsmobile 88 sedan, a 1963 Pontiac Catalina hardtop, a 1963 Pontiac Starchief stationwagon, 1963 Corvair 700 Coupe, a 1968 Chevrolet Impala Sport Coupe, and a 1970 Corvette Roadster. In 1974 I bought a 1974 Dodge Polara hardtop.
I have been GM and Chrysler free since 1976, and now only buy Ford vehicles.