Saab suspends all warranty coverage, cars to be sold as-is

According to a leaked memo to Saab dealers obtained by Autoblog, the bankrupt automaker is ceasing all warranty coverage on its vehicles in North America.

The memo was sent out Monday following a Swedish court's approval of Saab's bankruptcy petition and – as we suspected – all new vehicles will be sold "as is."

The North American branch of Saab also is suspending the payment of new car, powertrain, emissions and parts warranties, along with recall campaigns, certified pre-owned coverage and no-charge maintenance programs. There's no telling if the suspension is a permanent action or simply a temporary one –Saab will likely need to sift through its bankruptcy proceedings before that picture becomes any clearer for consumers.

You can read the full text of the memo after the break.