GM will cover some warranties for Saab, because it has to

2012 Saab 9-5

Some Saab owners will be getting a bit of relief from General Motors as they announced that despite previous statements that new-car warranties would be suspended with the automaker’s bankruptcy, they will be covering some vehicles throughout the proceeding.

“If Saab can’t cover warranties, we will provide warranty reimbursement for Saab cars built while GM owned the brand,” says GM spokesman Jim Cain. This includes mostly cars built prior to January 1, 2010 and Saab 9-3 models, and excludes redesigned 9-5 and 9-4x models.

The way Saab handled it is to list the owners still covered under their warranties as creditors to be offered coverage with funds from the sales of the brand’s assets. Saab does not have any control over its funds while its case is still in the hands of the Dutch bankruptcy court.

For Saab owners and potential buyers, parts are also still available, but purchases on post 2009 models are ill-advised.

– By: Alexandra Koken

Source: Consumer Reports