Jerry Dubrowski
Jerry Dubrowski
We don't think it is appropriate to do that.
actions address beginning burden care cost excellence health improving marketing position product progress quickly signs work
We are disappointed with Moody's actions because we are beginning to see signs of progress in product excellence and in a revitalized marketing strategy. There is more work to be done in improving our cost position and health care burden and we are working as quickly as we can to address these issues.
accounting continue corrected exhaustive financial proper reporting review rush sure
We are demonstrating that we want to make sure we get all of our financial reporting correct. We're not going to rush a filing. We conducted an exhaustive review of all our accounting issues. We've addressed and corrected those that we thought weren't proper and will continue to do so.
focus others running trying
We'll let others opine on that. We're trying to focus on running our business.
build comment commenting heard might secure steps taken
We aren't going to comment on steps that might have been taken to secure parts. We've heard some speculation about a build up of parts, but we aren't commenting on that either.
bank consider jobs people run
If there are people still in the JOBS Bank after we run the program, we'll consider what to do about that.
helpful
It's really not helpful to have that up-10, down-10
create discussion employees gm help include larger return
If we can also include in that Delphi, help to create opportunities for Delphi employees to return to GM as part of the larger discussion on Delphi reorganization, that's advantageous as well.
best companies continue financial pension plan protect sure
The best way to protect a pension plan is make sure the companies have the financial wherewithal to continue to operate.
except ongoing
They're ongoing investigations, and there's nothing more we can say except that we're cooperating.
actions announced bankruptcy business energy focused north past turning view winning
As we have said in the past, we do not view bankruptcy as a winning strategy. We are focused on turning around our North American business and implementing the actions that we've announced to date. That's where our energy is.
claims committee creditors given gm potential seek size surprising
It's not surprising the creditors committee would seek to nullify some of the claims GM has, given the potential size of our claims.
deal indication
This is not an indication that we feel differently about the deal than we did previously.
agreement change commitment reaching unions
This does not change in any way our commitment to reaching a consensual agreement with Delphi. We are working with Delphi and the unions to reach an agreement.