No worries if you have a GM car warranty
June 2, 2009 | 1:33
pm
General Motors has received permission from bankruptcy court to make good on payments for company-backed warranty repairs. The giant automaker, which filed for Chapter 11 yesterday, received the approval for the payments from the U.S. Bankruptcy Court in New York, thus eliminating a worry for consumers with cars still under warranty.
The company had already told dealers yesterday to go ahead with the repairs, assuming the approval would be forthcoming.
The court action also provides for warranty payments on new vehicles sold while the company is in bankruptcy.
-- David Colker
Photo: GM service bay Credit: Bloomberg News
