GM remains committed to our 3 Year/36,000 or 4 Year/50,000 mile new vehicle Bumper to Bumper limited warranty, as well as our industry-exclusive 5 Year/100,000 mile, fully-transferable powertrain limited warranty with no fees or deductibles. Now, as announced March 30, 2009, the U.S. Treasury Department is providing an important back-stop to our coverage.
Specifically, the U.S. Treasury Department has introduced an innovative new program to give consumers who are considering purchasing a new GM vehicle the confidence their warranty will be protected. As announced by President Obama on March 30, the Administration is confident that GM will emerge as a stronger, more competitive company, and is committed to working with us to make this happen. This important announcement means your warranty is safe - PERIOD.
What does the program mean for consumers?
- If you buy or lease a new GM vehicle during our restructuring period you will be eligible for the warranty protection.
- You do not have to do anything to participate in the government's warranty back-stop program. It's automatic.
- The U.S. Treasury will work with GM to implement it's program to safeguard your warranty.