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Nows! Not the time to purchase any GE Appliances

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Acerone
I hate ants and ugly people.

Member since 3/07

6437 total posts

Name:
Chris

Nows! Not the time to purchase any GE Appliances

I see a lot of kitchen remodeling posting on the LIF home thread...

The bad new is GE want's out of the appliances business and their putting the 100 year old business up for auction. So for now I would put GE on the back burner until we find out who's going to win.

Message edited 5/15/2008 11:33:43 AM.

Posted 5/15/08 9:52 AM
 
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HelenZ
So worth the wait :)

Member since 10/07

2862 total posts

Name:
Helen

Re: Nows! Not the time to purchase any GE Appliances

wow good thing we didn't get an extended warranty! I think we have a GE stove & microwave.

Posted 5/15/08 1:36 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Nows! Not the time to purchase any GE Appliances

I had an all GE kitchen and the only extended warranty I had was on the dishwasher.

The GE dishwasher crapped out a year after getting it, replaced it with a much better Kitchen Aid.

Posted 5/15/08 1:40 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Nows! Not the time to purchase any GE Appliances

Here is the article from the trade papers

GE Discussing Options for Appliance Unit


FAIRFIELD, Conn.–General Electric is in the midst of discussions involving a possible sale, spinoff or partnerships for its appliance division.

According to a source close to the situation, discussions about the options for the division have been taking place for some time. Yesterday, newspaper reports surfaced that GE is planning to sell the division, and that the company is working with Goldman Sachs on a possible auction for the unit.

The source said, however, that the other options are still in play for the division. In recent years, GE has sold its plastics division and spun off its financial assurance division, and has created partnerships involving other units in the company. This strategy is consistent with the company’s strategy of concentrating on high-margin, high-growth businesses, the source said.

Jeff DeMarrais, director of communications for GE, said the company had no comment on the newspaper reports about the sale. The newspaper accounts said a sale of the appliance division could bring GE at least $5 billion. The division—which manufactures refrigerators, microwaves and washer-dryers—is one of the oldest within the company.

Posted 5/15/08 1:40 PM
 

ali120206
2 Boys

Member since 7/06

17790 total posts

Name:

Re: Nows! Not the time to purchase any GE Appliances

Posted by HelenZ

wow good thing we didn't get an extended warranty! I think we have a GE stove & microwave.



Usually, extended warranties are with outside companies so you would have been ok if you did purchase one with a GE product.

Posted 5/15/08 2:09 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Nows! Not the time to purchase any GE Appliances

Chat Icon Have I ever said how much I HATE GE appliances & service...

Posted 5/15/08 5:47 PM
 

Acerone
I hate ants and ugly people.

Member since 3/07

6437 total posts

Name:
Chris

Re: Nows! Not the time to purchase any GE Appliances

Not so much a warranty issue. The problem could be the parts. They could become an special order which may take weeks if the company is sold outside the USA...

Posted 5/15/08 11:07 PM
 
 

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