Monday, August 22, 2011

Welcome to government motors

Where warranties are just wall paper.........

Now we get word that Government Motors is gearing up to rip off GM warranty holders. Specifically (at least for now) those holding on the 2007 and 2008 Chevy Impala.

Let us flashback to GM Bailout Time: Obama his own self promised Americans that were GM unable to make good on their warranties, the government would.

From one of his famous problem-solving speeches:

“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.

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.”

When Obama asserts plainness or clarity – prepare for the worst kind of obfuscation.

GM is now trying to claim that their bankruptcy – which they used to illegally rip of bondholders – also allows them to rip off those who are seeking to have their GM cars repaired as per their written guarantees.

(I)n a recent filing with the U.S. District Court in Detroit, GM noted that the cars were made by its predecessor General Motors Corp, now called Motors Liquidation Co or “Old GM,” before its 2009 bankruptcy and federal bailout.

The current company, called “New GM,” said it did not assume responsibility under the reorganization to fix the Impala problem, but only to make repairs “subject to conditions and limitations” in express written warranties. In essence, the automaker said, Trusky sued the wrong entity.

“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.

So all Obama has to do is change his name, and he’s not responsible for the terrible economy he’s fostered? Same guy, same failed policies, different name – so vote for him again in 2012.



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