Chevrolet planning to extend its warranties

First that is a great that GM will show it has faith in its product line. Secondly, the reason Hyundai went with the 10 year 100,000 mile warranty a few years back is because GM/ Chevy offered 5 yr. 100,000 bumper to bumper transferable to next owner, not the 3 year, 60,000 the article wrongly suggested.

CHEVY 100,000 MILE/5-YEAR FULLY TRANSFERABLE POWERTRAIN LIMITED WARRANTY(1) WITH NO DEDUCTIBLE.
CHEVY FULLY TRANSFERABLE 100,000 MILES/5-YEARS(1) OF 24/7 ROADSIDE ASSISTANCE PROGRAM.
CHEVY FULLY TRANSFERABLE 100,000 MILES/5-YEARS(1) OF COURTESY TRANSPORTATION PROGRAM.

This was one and still is the most comprehensive warranty on the market. It is amazing how I find so many articles with less and less fact checking. I great reason why the Seattle Times (New York is next) is going out of business. Now pride in information or truth.

quiet down kraut god, GM's newer stuff has a great track record.

My fault sorry for typos above guys (yikes)

If the company won't be around for another year........will it really matter?
Tough to sell a long-term warranty from a company on a respirator
DP

Didn't know you had a ouija board, if that is the case, help out AIG and those guys while you are at it.

Pheonix. The warranties will still be held by someone or something (worse case is that the government will be holding them and be responsible).

When the government put you and BK in the same sentence, it's never a good sign
Don't need no damn board
Another welfare check ain't comin' 1st of the month
GM's hand is dirty, and will be empty, at the end of the month.
DP

Wow I got something better than a Ouija board, lets see;

Task Force Open to Additional Auto Aid, Rattner Says March 16 (Bloomberg) -- President Barack Obama’s auto task force is “open minded” about giving car companies additional aid and will use “all the resources” of the federal government to achieve agreements that avoid bankruptcy, said Steven Rattner, the U.S. Treasury’s chief auto adviser.

U.S. auto suppliers may get some aid, and the task force plans to meet a March 31 deadline for assessing General Motors Corp. and Chrysler LLC viability, Rattner said in an interview. “We are open-minded about committing additional resources to ensuring a viable domestic car industry,” he said.

GM is in talks with bondholders to pare $27.5 billion in debt to $9.2 billion in exchange for equity, and the bondholders “are very effective in looking out for their own interests,” Rattner said. “I hope all stakeholders will recognize the gravity of the situation and the need for everybody to engage in shared sacrifice.”

Advisers to the ad hoc committee of GM bondholders said in a statement late today that they “stand ready to do our part to bring about a workable solution.” Bondholders are willing to discuss “any proposal that brings about the fundamental changes necessary to position GM for long-term success,” the statement said.

GM and Chrysler, surviving on $17.4 billion in U.S. aid, have requested as much as $21.6 billion in additional government loans. Obama’s auto task force is assessing the automaker proposals as it recommends whether to supply additional aid or tip the car companies into bankruptcy.

“We will bring all the resources of the government to bear on these various stakeholders and try to reach a fair compromise, a set of compromises,” Rattner said. He added, “Bankruptcy is not our goal nor a desirable outcome. Our goal is to end up with viable car companies.”

I HATE government intervention, and I can't express it any stronger than the word "hate", but this is when your enemies enemy is your friend. GM need to get back on its feet, pay back those damn loans and get the hell on.