is obama going to back hummers warranties after they are owned by the chinese?

Question

obama declared the government would back gm and Chrysler warranties. Hummer is sold off to a chinese company. Do americans still have to back their warranties?

Answer 1

No the Chinese company would take care of the warranty.



CS7 - Did you even read the article you linked to? Hummer was sold so the new owner takes over warranty.



What happens to my warranty?



If you own a car from a brand that's up for sale or is likely to be closed, your warranty will be honored. A warranty is a contract between the car company and you; if the car company is sold, the new owner takes over the obligation. If the car company closes, the parent company is still responsible for the warranty. You may have to travel a bit further to get your car serviced, particularly if your local dealership has closed, but your warranty will continue to be honored.

Answer 2

i would assume the govt would have to back gm warranties only on the hummers produced under gm, not some chinese company

Answer 3

Yes.



Same with Pontiac, Saab, Saturn.

http://autos.yahoo.com/articles/autos_content_landing_pages/860/your-car-company-is-dead-now-what/