The not-so-pleasant news continues. Saab Automobile, which declared voluntary bankruptcy on Monday, has suspended warranty coverage on all of its vehicles in North America, according to a report. The suspension came into effect the same day the company’s bankruptcy petition was approved by a Swedish court.
Effective December 19, “warranty coverage is suspended indefinitely for all new Saab vehicles sold. During this period, the warranty booklet must be removed from the owner information packet,” Saab Cars North America said in a statement to Automotive News, which carried the report.
The suspension covers new-car warranties as well as powertrain and emission warranties, parts warranty (including safety belts and airbags) and items such as towing, goodwill and recalls/campaigns, among others. All new 2011 Saab models were last covered by a 4-year, 50,000-mile warranty that included roadside assistance, and no charge scheduled maintenance for three years or 36,000 miles.
The Swedish automaker also told its North American dealers that new vehicles must be sold “as is.” According to a Saab spokesperson, the company now has less than 3,000 light vehicles in its US inventory.
General Motors, which owned Saab from 1989 and handled Saab sales and covered warranties until February 2010, has however stated that it will honour warranties on all models sold when it owned the Swedish company.
“In the event Saab cannot or will not fulfill its obligations to administer the warranty programs with its US and Canadian dealers through Saab Cars North America or otherwise, GM will take necessary steps to ensure that remaining warranty obligations on Saab vehicles marketed by GM in the United States and Canada will be honoured,” GM said in a statement.
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am wondering how Eurokar in SG will response to this latest news …..
independant workshop for Saab will have more business opportunity
So, the resales value of SAAB will drop like 40% within tis month?
i doubt, SAAB owner appreciate their toy – most of the time.
will not dispose their toy due to this news. not sure in US but certainly not here & Spore
guys you all should see general motors facebook page. currently it’s sort of being taken over by saab fans. never in my life have i ever seen fans of a carmaker being so united. respect to all the saab guys. true petrolheads.
yes, some awesome posts by SAAB fans at GM’s wall:
http://www.facebook.com/generalmotors?sk=wall
yes, interesting posts by SAAB fans on GM’w wall:
http://www.facebook.com/generalmotors?sk=wall
Incident like this will definitely push more people to buy those “big brand” cars, even though they could be more boring to drive and own…
no other cars has so many switches and buttons as saab `s interior, that what i like about saab
saab represented something really different in a market where cars are sort of predictable. now its gone. and yet cars like chery and geely exist. why????
I wonder will there be another SAVE SAAB campaign by all Saabers around the world?
in usa cannot simply back away from warranty – will get SUED
sue who ? lol