Jerry Dubrowski Quotations

We're focused on fixing and returning, I should say, our North American business to profitability as quickly as possible.

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.

GM would continue to be constructive and cooperate with the courts and with Delphi and the unions to reach a consensual agreement.

GM is firmly committed to improving its performance in North America,

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.

Our focus continues to be on continuing our North American automotive operations and restoring them to profitability as quickly as possible.

I think the story is speculation, and typically we do not comment on speculative stories.

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

We don't think it is appropriate to do that.

We aren't going to comment on steps that might have been taken to secure parts. We've heard some speculation about a build up of parts, but we aren't commenting on that either.

We are disappointed with Moody's actions because we are beginning to see signs of progress in product excellence and in a revitalized marketing strategy. There is more work to be done in improving our cost position and health care burden and we are working as quickly as we can to address these issues.

We are demonstrating that we want to make sure we get all of our financial reporting correct. We're not going to rush a filing. We conducted an exhaustive review of all our accounting issues. We've addressed and corrected those that we thought weren't proper and will continue to do so.

We'll let others opine on that. We're trying to focus on running our business.

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 work constructively with Delphi, the unions and the bankruptcy court to find a solution that allows Delphi to remain an important supplier to GM.

We're struggling to keep up with demand there.

We all know the consequences if we can't reach an agreement.

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.

We continue to work with Delphi, the court, and the unions to reach a consensual agreement that makes sense for all parties.

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.

This is not an indication that we feel differently about the deal than we did previously.

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.

They're ongoing investigations, and there's nothing more we can say except that we're cooperating.

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.

It's not surprising the creditors committee would seek to nullify some of the claims GM has, given the potential size of our claims.

The best way to protect a pension plan is make sure the companies have the financial wherewithal to continue to operate.

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

If there are people still in the JOBS Bank after we run the program, we'll consider what to do about that.

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.