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Buyers can take a new GM car off the lot and drive it for up to 60 days. If they don't like it, they can return the car without penalty between the 31st and 60th GM's money-back guarantee
The scope and duration of automotive warranties can vary significantly, but they generally cover areas such as: bumper-to-bumper warranty, powertrain warranty, corrosion warranty, emissions warranty and others. [2] There is also an "extended car Warranty" also known as a "service contract" which is purchased separately.
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 ...
The General Motors 60° V6 engine family is a series of 60° V6 engines produced for both longitudinal and transverse applications. All of these engines are 12-valve cam-in-block or overhead valve engines, except for the LQ1 which uses 24 valves driven by dual overhead cams. These engines vary in displacement between 2.8 and 3.4 litres (2,837 ...
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June 19, 2009: Deadline for filing all objections to the sale of General Motors. June 22, 2009: Deadline for making competing bids in the auction of General Motors' assets. June 25, 2009: Final hearing on the bankruptcy loan. July 10, 2009: Deadline for completion of the sale, requested by the U.S. Treasury and General Motors. [9] [10]
In 2018, GM petitioned the NHTSA to allow a car built on a Chevrolet Bolt without steering wheels or brake pedals on U.S. roads. In 2020, GM withdrew the petition after the agency took no action.
Popular Mechanics named the X platform cars on their list "10 Cars that Damaged GM's Reputation" as they "promised a revolution in how the corporation designed and built cars. unfortunately, the reality was that these four- and six-cylinder cars probably suffered more recalls and endemic problems than any other GM vehicle program." They also ...