GM: No Confidence for Saab
By Gunnar Heinrich
GM is wasting no time in washing its hands of Saab. And with that, Saab’s set to fall into a grey area should GM file for Chapter 11 protection. While Cadillac or Chevy warranties would be insured under the Federally backed GM Total Confidence Plan should GM go bankrupt, Premier Channel VP Mark McNabb has told Saab USA dealers that GM chose to exclude Saab from the government backed warranty plan. Love lost? The letter >>>
April 08, 2009
About the Author: Gunnar Heinrich is publisher of Automobiles De Luxe online and is executive producer of the Automobiles De Luxe Television series on PBS member station CPTV.
J-W Vester - Saab USA | Apr 8, 2009 | Reply
Please note that the U.S. federal backing for GM’s ongoing product warranties should not be confused with the GM Total Confidence Plan, which is a different topic altogether. Saab can’t be part of this most recent GM initiative, as Saab doesd not offer the GM 100,000 mile Powertrain Warranty because of low interest in it from customers and dealers. Instead, Saab keeps offering other valuable owners privileges such as 3 years/36,000 miles no-charge scheduled maintenance as part of its very competitive warranty package – which in itself remains backed by General Motors as usual. Hope that clarifies, thanks.
gunnar | Apr 8, 2009 | Reply
So to clarify the crux of the post’s point – will Saab’s warranty be federally secured like other GM brands?
National Transport LLC | Apr 9, 2009 | Reply
@gunnar I’m sure it will!
Gunnar | Apr 10, 2009 | Reply
We can hope.