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Even if GM goes into bankruptcy, it will be chapter 11, not 7. They will honor their warranties no matter what. The company is not going to simply disappear, it will just re-organize. If they fail to honor their waranties, they will cease to exist. No one would ever buy a car from them again.
As current Saturn technician, i'm activley seeking other employment before the ship sinks.
I won't work for Saturn if it's owned by the Chinese.
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