"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."
"Plaintiff here is trying to saddle new GM with the alleged liability and conduct of old GM."
By: Neil Roland And Richard Truett, Automotive News on 3/30/2009
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."
NOTE that that Obama also was talking in the future tense, yet everyone assumed, as is common in colloquial English, that he meant the OLD warrantees will be honored... I'd love to be on that jury. Did we even know there was an OLD GM and a NEW GM? Then who got the billions in bail-outs?
I wonder if any Republican will have the presence of mind to use this as a campaign issue. Oh yes, Obama the Trustworthy. Obama the champion of covering pre-existing conditions. Can't wait to see what he'll do with Obamacare.