Interesting...
Theoretically, with this weird legal construction of "old GM" and "new GM" the attorneys are correct: The warranties should be paid by "old GM" a.k.a the US government alias the tax payer.
Too bad the lawyers didnt do their homework first...
Over here, we get Korean Chevrolets (formerly Daewoo of Korea) sitting next to a corvette in the showroom. Next to that, another GM subsidiary Opel of Germany is building fine cars: Its the only GM division that makes profit. In fact it makes such good profit that when they went under, they couldnt afford to sell Opel for cash because it would be butchering the chicken with the golden eggs.
I just dont get why GM is still building and selling cars in the USA if their products have such a bad name (doesnt everybody complain here on TBN ??) and their car factories only eat the money earned in overseas branches.. If they just pulled the plug from their US factories, and started selling Korean and German made models, they would A. make money, B. solve all their quality issues and C. save the US taxpayer a boatload of money...
...uuuhhh... Now wait... GM building their cars overseas ?? thats not what you guys want, you all want US built cars and buy them nonetheless... And government bailout is the ultimate and logical consequence...

In Europe we dont care WHO built it, we care if they built it RIGHT. If a German manufacturer builds crap, even the Germans just wont buy it.
The US economy isnt really a free market because its bound by chauvinism. Without that, the market (the customers) would quickly punish a manufacturer so they have to stay focused and responsible. GM isnt focussed at all. In Europe, only French brands can sell junk, because they are French so its ok for them to be different: "different" people like Citroen
