Saab has suspended warranty coverage on all of its vehicles in North America. Additionally, new vehicles must be sold “as is.” Click below to read the rest of the story.
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However, General Motors, Saab’s former owner, said today it would honor warranties on all models sold when it owned the Swedish automaker.

The suspension took place on Monday, the same day a Swedish court approved the automaker’s bankruptcy petition to liquidate and begin paying creditors. Two receivers were appointed to oversee Saab’s assets.

Effective Dec. 19, “warranty coverage is suspended indefinitely for all new Saab vehicles sold. During this period, the warranty booklet must be removed from the owner information packet,” Saab Cars North America said in a statement provided to Automotive News.

“For any vehicle sold or leased during this period, the customer should be affirmatively advised that the vehicle does not carry any warranty coverage and is sold ‘as is.’ ”

Saab Cars North America also said it has suspended the processing and payment of all claims, including but not limited to:

• New-car warranties

• Powertrain warranties

• Emission warranties

• Parts warranty

• Safety belts, airbags

• Towing

• Recalls and campaigns

• Certified pre-owned coverage

• Goodwill

• No charge maintenance

“Saab owners should be advised to keep receipts of all related warranty work done or services performed until further notice,” Saab Cars North America said.