Jerry Dubrowski
Jerry Dubrowski
believe change gm past position reason strategy winning
We've said in the past that we don't believe it's a winning strategy for GM and we see no reason to change this position today.
best continue enable gm goal interest outcomes pursue remains
Our goal remains to pursue outcomes that are in the best interest of GM and our stockholders and that enable Delphi to continue to be an important supplier to GM.
continue cooperate courts gm reach unions
GM would continue to be constructive and cooperate with the courts and with Delphi and the unions to reach a consensual agreement.
america committed firmly gm improving north performance
GM is firmly committed to improving its performance in North America,
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.
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.
agreement allow both emerge general gm ongoing reach trying viable
Our discussions are ongoing with both the UAW and Delphi about trying to reach a mutually satisfactory agreement that will allow Delphi to emerge as a viable supplier to General Motors and make sense for GM and its shareholders.
discovered identified moved preferred recognize review
We would have preferred not to restate earnings, but it is important to recognize that we have had a very comprehensive review ongoing. Where we have discovered or identified errors, we have moved quickly.
agreement continue reach unions work
We continue to work with Delphi, the court, and the unions to reach a consensual agreement that makes sense for all parties.
bankruptcy court remain solution unions work
We'll work constructively with Delphi, the unions and the bankruptcy court to find a solution that allows Delphi to remain an important supplier to GM.
demand struggling
We're struggling to keep up with demand there.
agreement consequences reach
We all know the consequences if we can't reach an agreement.
alarm assume expect otherwise pension people plans reason rely thousands
There is no reason to expect that G.M.'s pension plans will be terminated, and to assume otherwise is to unnecessarily alarm the many thousands of people who rely upon those plans for their retirement.
comment
I think the story is speculation, and typically we do not comment on speculative stories.