I think it goes like this:
The old GM is responsible for lemon law, liability, etc. on old GM vehicles.
New GM will be responsible for all aspects of New GM vehicles.
Indicator -
Chrysler is bouncing lemon law checks, and telling claimants to get in line at Bankruptcy court.
Quote:
Chrysler reportedly bouncing checks to owners of lemon law vehicles
Chrysler is telling customers with lemon law claims to get in line – by filing a claim with the courts, in effect joining the automakers other unsecured creditors seeking payment. In that scenario, however, defective car owners aren't expected to see much more than "pennies on the dollar."
Consumer groups have reportedly met with auto task force members to discuss the matter, but as of yet, there is no word on any remedy in the works.
|
http://www.autoblog.com/2009/05/18/c...mon-law-vehic/
.
__________________
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer
STANDARD DISCLAIMER
camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever,
whether express, implied, or statutory, including, but not limited to, any warranty of merchantability
or fitness for a particular purpose or any warranty that the contents of the information will be error-free.