Jerry Dubrowski
Jerry Dubrowski
business fixing focused north quickly
We're focused on fixing and returning, I should say, our North American business to profitability as quickly as possible.
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.
continues continuing focus north operations quickly restoring
Our focus continues to be on continuing our North American automotive operations and restoring them to profitability as quickly as possible.
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.
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.
assumption believe certain change funding less mean minor number people
Other people can make certain assumptions that could change that (funding) number. A minor change to one assumption can have a change in the funding status. It doesn't mean their number is any more or less correct. We believe our number is appropriate.
We don't think it is appropriate to do that.
allow bankruptcy continue court remain union work
We'll continue to work constructively with Delphi and the union and the bankruptcy court to allow Delphi to remain an important supplier.
comment
I think the story is speculation, and typically we do not comment on speculative stories.
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.
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.