Jim Gillette
Jim Gillette
James "Jim" Gilletteis an American singer, notable for being the frontman of glam metal band Nitro. Originally a member of the band Tuff, Gillette released a solo album in 1987 and then formed Nitro with guitarist Michael Angelo Batio...
among auto bankruptcy concern deal force great profitable remain survive suspect union whether willing
There's a great deal of concern among auto suppliers about whether they can remain profitable or survive with union contracts. If Delphi's willing to force renegotiation through a bankruptcy filing, I suspect other suppliers would do the same.
basic competing components fall gain picture price unlikely
Things like generators, ignition coils and basic brake components do not fall into Delphi's picture because there are so many suppliers competing on price out there it's unlikely you can gain any kind of a competitive advantage.
brand buying changed consider happen happening jaded ohio percentage reality view year
The world has changed dramatically. Even from a year ago, the percentage that would not consider buying an import brand has declined. When you live in Michigan, Ohio and Indiana, you get a real jaded view of what the world really wants. What we like to happen and what's happening in reality are two different things.
balancing difficult few major offshore oil prices
That's been a major glitch in the whole offshore thing, because oil prices have been going up for a few years. It's a very difficult balancing act.
terms
There are always improvements to be made, but in terms of the low-hanging fruit, that's gone.
advantage
It's going to give them a significant competitive advantage.
fragile
There are a lot of fragile suppliers out there.
cheaper everybody figure gm needs parts tried
Some suppliers have tried to tell GM that not everybody needs to be global, not all the parts need to be global. But they just figure that's the way they're going to get the cheaper price.
gm number paying pricing
GM contends they have been paying above-market pricing to Delphi for a number of years to keep Delphi in business.
amount based decision extremely lose miller predict stand
All the suppliers are extremely nervous. They stand to lose a considerable amount of cash. This is going to be a decision Miller makes on his own based upon where he's at. ... How do you predict a decision like that?