06-03-2009, 07:44 PM | #1 |
Drives: rsss on order lotsa other cars Join Date: Feb 2009
Location: sw fl.
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New Gm
l was watching congressional hearings today. Subject about liability came up. lt was said the new G.M.& Chrysler would be responsible for honoring car warrentys etc. but will have no responsibility if cars have defects causing accidents or injurys. Since l think we all know it is almost impossible to sue the goverment , a 60% shareholder in G.M. does it make a difference? They said the dealership would be responsible, doesnt make sense they only sell the product. l dont know if it applies to old G.M. & Chrysler or new or both but a valid question. Ya l know this will soon be buried but had to ask. thanks.
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06-03-2009, 07:52 PM | #2 |
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Let's just hope it's a non-issue, I guess.
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06-03-2009, 08:09 PM | #3 |
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Um ya....I don't really see how that would work out. If GM vehicles start exploding right and left then I am pretty sure GM would have to do something. Besides a dealer can't afford that type of lawsuit. Sounds like they are trying to pull this off to prevent any future class action lawsuits. I am curious to see how this plays out.
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06-03-2009, 08:14 PM | #4 | |
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Quote:
By the way, you can sue the government. Democracy is a brilliant thing.
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06-03-2009, 10:52 PM | #5 | |
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I think it goes like this:
The old GM is responsible for lemon law, liability, etc. on old GM vehicles. New GM will be responsible for all aspects of New GM vehicles. Indicator - Chrysler is bouncing lemon law checks, and telling claimants to get in line at Bankruptcy court. Quote:
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06-04-2009, 09:56 AM | #6 |
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Ya you can sue the Government, but good luck. Sovereign Immunity was pretty much done away with for the states but the US still enjoys a great deal of protections.
From what I've read, I would expect that the surviving corporation would deal with the brands that still exist for large liability losses. The surviving corporation would also deal with warranty work on the dissolved brands. Some form of insurance pool (likely formed with federal dollars but not specified) would be formed to provide protection for the surviving corporation against claims made on the old corporation. |
06-04-2009, 01:46 PM | #7 |
Drives: 2007 Tahoe Join Date: Mar 2009
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Welcome to the world of government take over (nationalization). We are fu*ked!!!!
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06-04-2009, 07:52 PM | #8 |
Drives: 350z Join Date: Apr 2009
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So basically you bought a car before they went bankrupt your screwed if it has a defect that gets you or your family killed.
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06-05-2009, 10:21 AM | #9 |
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