If you are contemplating buying a used Chrysler product you may want to look at other models, and if you currently own a Chrysler product, you may want to consider selling it. Pursuant to Chrysler's bankruptcy, the company will not be held accountable for defective products it manufactured prior to the bankruptcy. As can be seen from a random Google search, product defects can surface years after the vehicle is manufactured and can manifest in a crash ranging from severe burn injuries from a defective part to paralyzing or life ending spinal injuries resulting from a defectively designed roof. Courtesy of Chrysler's bankruptcy, victims will not be able to file suit against the manufacturer for products manufactured prior to the bankruptcy exit date of June 10, 2009.
General Motors sought the same protection in its bankruptcy but was essentially shamed into agreeing to accept liability for any future claims against vehicles built under its old ownership, as long as the incident occurred after July 10, 2009. However, current and pending product liability claims were wiped out by the bankruptcy.




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