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The bottom line!!!


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#1 OFFLINE   medman

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Posted 05 March 2009 - 11:01 AM

Okay.....I live in Ontario, Canada....and today, in the newspaper, it appears that GM may indeed be heading for bankruptcy....if they can't pull it off soon....

So...my question....who honours warranties, and will there be parts should they go under....??

Thanks
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#2 OFFLINE   danthechevyman

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Posted 05 March 2009 - 02:16 PM

Okay.....I live in Ontario, Canada....and today, in the newspaper, it appears that GM may indeed be heading for bankruptcy....if they can't pull it off soon....

So...my question....who honours warranties, and will there be parts should they go under....??

Thanks

Bankruptcy is for restructuring of there debt and to break contracts with dealers in divisions which they want to eliminate anyways GM will still be around as a leaner meaner company.

#3 OFFLINE   homerlex

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Posted 06 March 2009 - 03:53 PM

I asked my local dealer the same question. He skirted the issue and said "I don't have a crystal ball. We have to wait to see what happens." Real reassuring :wacko:

#4 OFFLINE   copperbeech

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Posted 07 March 2009 - 09:40 AM

It must be hell being a sales person at a GM dealership these days and into the foreseeable future; even more so at Saturn.

#5 OFFLINE   JOliver

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Posted 07 March 2009 - 11:29 PM

We'll post an official response from GM very soon - but don't worry. All is well your vehicles will still be covered even IF and that's a very BIG IF the company files bankruptcy.

Moral of the story - don't worry.




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