Jerry Dubrowski
Jerry Dubrowski
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.
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.
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.
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.
helpful
It's really not helpful to have that up-10, down-10
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.
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.
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.
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.
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.