General Motors Co. guarantees customers a three-year, 36,000-mile bumper-to-bumper warranty on every vehicle the Detroit automaker sells.
But what if in the second year of the warranty, the government arbitrarily capped the reimbursement payments for GM dealerships by nearly half and forced them out of business?
Technically, the customer would still have their warranty. But it’s hard to fulfill that warranty when there’s no mechanic.
That’s essentially what the Michigan Legislature and Gov. Gretchen Whitmer have done to some 18,000 Michigan residents who were catastrophically injured in auto accidents, often through no fault of their own.
Auto insurance companies literally