Saab owners will now feel the fallout from the Saab bankruptcy as the company announced it will cease warranty coverage for cars sold in North America. Everybody is getting börked. UPDATE!
With news that Saab has finally declared bankruptcy and is now as close to being officially börked as it's ever been, many might question whether they should buy one of the more than 1,600 new Saabs for sale at dealerships across the United States. Should you? No. At least not yet. Here's why.
General Motors has announced that it is cutting Saab out of the 5-year/100,000-mile GM powertrain warranty, instead saddling the Swedish brand with a 4-year/50,000-mile warranty. In other words, Saab reliability is so poor that GM has to cut warranty coverage lest the resulting repairs push the automaker further…