Jim Gillette Quotes (7 Quotes)

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.

GM contends they have been paying above-market pricing to Delphi for a number of years to keep Delphi in business.

There are always improvements to be made, but in terms of the low-hanging fruit, that's gone.

It's going to give them a significant competitive advantage.

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.

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

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.