The President will announce a new government-backed warranty program for all new GM and Chrysler vehicles purchased during this restructuring period. He said the following ....... and with a straight face !!!!!!!
"if you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always. Your warranty will be safe. In fact, it will be safer than it’s ever been. Because starting today, the United States government will stand behind your warranty."
Can you imagine the paperwork required to get a defect repaired?
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