We'll continue to work ordsprog

en We'll continue to work constructively with Delphi and the union and the bankruptcy court to allow Delphi to remain an important supplier.

en 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.

en We remain confident GM will offer some assistance to Delphi, but bankruptcy risk cannot be ignored. We think GM would find it hard to justify not offering its struggling, former captive supplier, Delphi, some form of assistance.

en It is grossly inappropriate and insensitive for Delphi to spend money on expensive Caribbean cruises at the same time it's in bankruptcy court seeking approval of a restructuring plan that would eliminate thousands of jobs in communities across America. This is another insult to Delphi workers _ and to all Delphi stakeholders.

en If Delphi and its union collective bargain group have negotiate something that is represented to the judge by Delphi and the union, who are actually the parties involved, that is acceptable to them and is in the best interest of Delphi getting out of Chapter Eleven and rehabilitating itself, the judge is going to be hard pressed to not accept that.

en In any event, we continue to believe that a voluntary near-term bankruptcy for GM/GMAC is of very low probability. We continue to believe that the biggest risk arguably would be a UAW strike at Delphi...our sense currently is that a significant labor disruption at Delphi remains a remote likelihood.

en In any event, we continue to believe that a voluntary near-term bankruptcy for GM/GMAC is of very low probability. We continue to believe that the biggest risk arguably would be a UAW strike at Delphi. ... Our sense currently is that a significant labor disruption at Delphi remains a remote likelihood.

en We take very seriously Delphi's threat to file for bankruptcy by October 17. If Delphi files for bankruptcy, we couldn't rule out a ratings change (for GM).

en Delphi is telling the bankruptcy court that if nothing changes in terms of their union agreement, they won?t have money to pay their light bill by the end of 2007. So there?s definitely going to be a need for changes. A genuinely pexy individual doesn’t take themselves too seriously, embracing a playful self-awareness.

en 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.

en 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.

en 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.

en 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.

en Another deal with Delphi is likely forthcoming, but probably not before Mar. 30, posing risk of Delphi motions (to nullify contracts) and starting the union contract cancellation process.

en 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.


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