Following the recall of 1.37 million Chevrolet, Pontiac and Saturn compact autos and roadsters over a faulty ignition switch, GM announced it will offer you $ 500 off the acquire or lease of any new automobile to affected owners. But it truly is not marketing the rebate or telling dealers to encourage it. The program runs by means of April thirty.
More on the GM Ignition Recall
The February 2014 recall impacts all model years of the Saturn Ion, plus the 2005-2007 Chevrolet Cobalt and Pontiac G5 compacts. The 2006-07 Chevrolet HHR hatchback and 2006-07 Pontiac Solstice and Saturn Sky roadsters have also been affected by the recall. The recall requires a faulty ignition switch that may slip into the Accessory or Off position and disarm the airbags.
The Detroit News reports GM repurchased at least 13 Chevrolet Cobalts in 2005 and 2006 right after customers reported problems. The automaker will not repurchase any vehicles now, but owners will obtain $ 500 off the acquire or lease of any new 2013, 2014 or 2015 Buick, Cadillac, Chevrolet or GMC motor vehicle, which would be in addition to the affected car’;s trade-in worth.
The ignition issue has been linked to 31 crashes and 13 fatalities when airbags did not deploy, but court documents from 2013 display that GM knew about the concern as early as 2004. The Nationwide Highway Traffic Security Administration and a congressional committee have opened investigations, and federal investigators right now launched a criminal probe.
“Every thing would be completed individually,” GM spokesman Alan Adler told us of the $ 500 deal. “The dealers are not pushing this on them, and they’;ve been advised not to do that.”
Adler then sent us an official statement from GM: “In retaining with our dedication to assist customers concerned in this recall, a unique $ 500 cash allowance is offered to obtain or lease a new GM car. We have been quite clear in our message to dealers that this allowance is not a revenue device and it is only to be utilized to aid customers in want of support. Neither GM nor its dealers will market place or solicit owners using this allowance.”
GM expects substitute parts to be obtainable this April, according to the Detroit News. In the meantime, the automaker will furnish loaner or rental cars to impacted owners and tow any impacted automobiles to dealerships if owners truly feel they’;re unsafe to drive.