The company is demanding that these dealerships close by the end of 2010. Many of the dealers scheduled to close are attempting to block the closure action which will then leave it to the bankruptcy judge to decide. GM, in the interim, will continue to provide inventory to its dealers.
Category Archives: General Motors
Will GM honor warranties and recall notices?
GM has announced that in addition to the governments’ standing behind GM’s warranties, it would also honor all warranties and recall notices.
Living in California and concerned that your GM vehicle may be a lemon? Call our offices for a free consultation at 888-Ex-Lemon (888-395-3666).
Will GM will honor its contract with the U.A.W.?
Yes, it is expected that GM will honor its contract with the U.A.W., whose members approved changes last week.
If you have any questions about how the GM Bankruptcy may affect your California Lemon Law case, please call the Law Offices of Delsack & Associates, LLC at 888-Ex-Lemon (888-395-3666).
Will GM’s supplier contracts be canceled?
The government has announced that supplier contracts, which normally could be canceled in bankruptcy, would remain in force and has established a new program to provide help to suppliers. Eventually General Motors will ask the approval of the court to allow it to end contracts with some suppliers who, while they may challenge the cancellations, will most likely have to reach some kind of a settlement with GM.
Will the government’s part ownership change the way GM operates?
Although the Obama administration states that will take no direct interest in the day-to-day operations of the new GM, it is nevertheless known to favor smaller cars and hybrid electric vehicles.
If you think your GM vehicle may qualify under the California Lemon Law, please call to talk with one of our attorneys. Our toll free number is 888-Ex-Lemon (888-395-3666).
General Motors Finally Files
After many months of uncertainty, General Motors filed for bankruptcy this morning. The company was forced into filing by the President who believes it is necessary to temporarily do this in order to save the troubled automobile maker. GM hopes to end up with 3,600 dealers instead of the 6,000 it has now and they will not be renewing franchise agreements when they expire in 2010.
