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.
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.
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.
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're focused on fixing and returning, I should say, our North American business to profitability as quickly as possible.
It's not surprising the creditors committee would seek to nullify some of the claims GM has, given the potential size of our claims.
If there are people still in the JOBS Bank after we run the program, we'll consider what to do about that.
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.
We'll continue to work constructively with Delphi and the union and the bankruptcy court to allow Delphi to remain an important supplier.
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.
