Saab emblem in snow

As previously reported, Saab has announced that it is ceasing all warranty coverage on its vehicles in North America in the wake of its official bankruptcy in its home country of Sweden. That's bad news for anyone who's purchased a vehicle from Saab here in the States expecting to receive a few years of warranty coverage, but Saab Cars USA CEO Tim Colbeck is hoping to offer a solution. Speaking to The Detroit Bureau, he said:

"We're committed to develop a way to handle warranties for all owners of 2010 and 2011 Saab models. [The goal is to] reinstate (warranty coverage) as quickly as we can."

That's all well and good, but there's currently no plan to actually make it happen. While both Saab Cars USA and Saab Parts, the company that provides spare parts for Saab vehicles, are both still in business, Colbeck says that his company cannot reimburse dealers for warranty work at this time. That means either the dealer or the customer will be stuck holding the bill.

In one bit of good news for some Saab owners, General Motors has announced that it will step up to the plate and provide warranty service for any vehicles built while it owned the Swedish marque. According to Consumer Reports, that means Saab 9-3, 9-5 and 9-7X models built before January 1, 2010, should be under warranty from GM until those warranties expire.