GM Files First Day Motion Affecting Dealers

Among GM's First Day Motions in its Chapter 11 bankruptcy proceeding is its motionfor an order authorizing GM to honor prepetition obligations to customers and dealers and to continue warranty, customer and dealer programs in the ordinary course of business. That motion is found here. The order was signed the same day and is found here.

GM seeks the authority to, in its sole discretion, honor, perform, replace, renew, amend or terminate its Customer Programs (defined to include warranty programs, recall programs, sales incentive programs, dealer support programs, and customer rebates and allowances). The warranty programs include both customer warranties and dealer reimbursement for warranty parts and labor. Sales incentive programs include both consumer and dealer focused programs. Dealer support programs include payments of hold-backs, floor plan assistance, regional marketing support, vehicle delivery and handling, etc.