One way or another, I think it will be honoured. Even if GM goes into bankrupcy.

If the worst does happen and GM files for bankruptcy, they're already going to have a hard enough time selling cars due to lack of confidence. If they yank the warranty on the 15+ million GM vehicles on the road, people will have no confidence in buying their new cars and things will get even worse. As much as possible, GM has to put on the perception that everything is business as usual.

 

Its already bad for me, now there is no GM dealer in my town. Closed down a few months ago, and there has always been multiple GM dealerships here.