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Dealer repairs of the Callaway Twin Turbo Corvettes were covered by the standard GM 12 mo./12,000 mile warranty, with Callaway Cars, Inc. reimbursing dealers for time and materials on repairs to the added components. This was the only time where GM has allowed a factory orderable non-GM performance enhancement on the Corvette.
The GM Instrument Cluster Settlement was a 2008 class action settlement awarded to owners of certain General Motors vehicles with allegedly defective speedometers.The settlement allows the owner or lessee to get their instrument cluster replaced under the terms of a special coverage adjustment to their factory standard warranty.
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
Warranty claims are important for consumers because they help mitigate the cost of repairs due to manufacturing defects or other covered issues. [4] For manufacturers, managing warranty claims efficiently is crucial for customer satisfaction and maintaining brand reputation. [citation needed] Filing an automotive warranty claims can be very ...
Critics of Chapter 11 Bankruptcy as a restructuring process argued that consumers would be unwilling to purchase a car from a bankrupt automaker, as the ability of the automaker to support the warranty is key to the purchase decision. Advocates have argued that the government or private lenders could establish a fund to enable warranty coverage ...
Coverage type. What it covers. Best for. Rideshare coverage. Protects you while working, as well as during the "waiting for rides" period when using rideshare apps. Uber, Lyft and other rideshare ...
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