General Motors Co.
has lined up tens of thousands of cars from rental agencies in case it runs out of loaners offered to owners of 1.6 million recalled Chevrolet Cobalts, Saturn Ions and other older GM cars.
Enterprise, Hertz and Avis have agreed to help GM in the event of a loaner-car shortage by shuttling active rental cars to nearby dealers. GM will foot the bill to accommodate angry and apprehensive owners of cars with faulty ignition switches linked to a dozen deaths.
The goodwill gesture could be a double-whammy for GM: The Detroit automaker could be paying for customers to drive something other than a Buick, Cadillac, Chevrolet or GMC. Fords, Chryslers — even Hyundais — could be part of the loaner fleet.Read Article