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Bankruptcy? What happens to my car warranty then?

56 messages,  Last post on Jun 04, 2009 at 10:00 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Pontiac, Chrysler, Saturn, Saab, GMC, HUMMER, Jeep, Volvo, Land Rover, Car Warranties, Automotive News, Legislation

What if My Carmaker, Dealer or Warranty Company Goes Under? - We're facing the most tumultuous period of modern automotive history. With daily reports on the possible sale or elimination of major car brands, the potential bankruptcy of automakers General Motors and Chrysler, and the closure or consolidation of hundreds of dealerships, consumers are asking a lot of "what ifs." (more) -


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#52 of 56
Re: Chrysler has already filed CH 11, GM looks imminent [corvette] by dtownfb
Jun 03, 2009 (5:51 pm)
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Replying to: corvette (Jun 03, 2009 5:27 am)

Interesting! I did not know that. Thanks
#53 of 56
Re: state of ct... [explorerx4] by steve_ HOST
Jun 03, 2009 (9:48 pm)
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Replying to: explorerx4 (Jun 03, 2009 2:43 pm)

That is interesting. Here's a short blurb about it:
 
Fiat Agrees To Honor State's Lemon Law With Chrysler (courant.com).
#54 of 56
Re: state of ct... [steve_] by steve_ HOST
Jun 04, 2009 (8:45 pm)
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Replying to: steve_ (Jun 03, 2009 9:48 pm)

Now Public Citizen is weighing in:
 
"Leading national consumer groups late Tuesday appealed the decision of the federal bankruptcy court overseeing the Chrysler bankruptcy proceeding, asking the court to preserve consumer protection laws and the rights of victims injured by vehicle design flaws and defects to seek compensation from Chrysler.
 
With the stroke of a pen, the bankruptcy court exempted the new Chrysler/Fiat company that will emerge from bankruptcy proceedings from accountability to consumers who have suffered or will suffer injury or loss caused by defects."
 
Ruling that Undermines Lemon Laws in 25 States Should Be Overturned
#55 of 56
Re: state of ct... [steve_] by cadillacmike
Jun 04, 2009 (9:43 pm)
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Replying to: steve_ (Jun 04, 2009 8:45 pm)

Steve, the court ruling only kills off existing vehicle liabilities, not new sales, right? Still a screw up on the part of the court. The STUPID military network here is BLOCKING my access to the site because it is an "advocacy group???
#56 of 56
Re: state of ct... [cadillacmike] by steve_ HOST
Jun 04, 2009 (10:00 pm)
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Replying to: cadillacmike (Jun 04, 2009 9:43 pm)

Heh, well, I'm pretty sure that Ralph Nader runs Public Citizen. Maybe the armed forces are afraid he'll get their HumVees mothballed.
 
I'm not positive but I think the bankruptcy may kill off only the existing liabilities, and even then, there may be some exceptions. The New GM or New Chrysler may offer different warranty coverages but their new car sales should be covered under lemon or warranty laws.
 
Someone (me?) posted a link not too long ago about lemon law checks bouncing as a result of the bankruptcy filing.

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