The talks are constructive; progress is being made. But a lot of significant issues have yet to be resolved.
The suggestion that we have an outline of an agreement to review with you is unfortunately, just not true.
It assures the retirees will be fully notified and have a right to participate in the process.
At this point, we expect Delphi to file the motions Friday morning.
I can't tell you today what those packages will be. That's going to be subject to discussion.
All I would say is the talks are constructive and progress has been made. But I'm not going to speculate on how close an agreement is. In my experience in talks like these, close and near are awfully subjective terms.
Steve Miller has been very vocal, very blunt in saying he believes the days when industrial workers in America can have a middle-class standard of living are over. We think that's a very arrogant and wrongheaded notion and also a very dangerous view of America's future.
I'm not going to get into dissecting election results or predicting the future.
Clearly gas prices can impact car buyers' product decisions.
And there'll likely be a four- to six-week interval between the initial filing and an actual hearing. Then the judge has a 30-day window to render a decision. It could be well into the spring.