15 Quotes by Mark Oline

The extent of the wage and benefit reductions Delphi is seeking would be difficult for any union to swallow easily.

Short term, the main focus is Delphi as far as the ratings are concerned.

GM's opportunity for shrinking its cost structure appears to be narrowing,

It also reinforces the fact that GM will have to make even more significant cuts in their own cost structure going forward.

Recent incentive programs have established lower market pricing that makes GM increasingly vulnerable to volume declines which could occur as a result of a decline in economic conditions or simply a sustained falloff following recent industry sales spikes.

We have not yet seen any supply disruptions, but it remains a key risk, ... That risk will only increase as we get closer to a date where Delphi, if unable to achieve a contract with a UAW, needs to impose a contract.

We remain comfortable that the company will show solid progress in the sale through the end of the first quarter. We expect that a final agreement will take some time, but we want to see continued solid progress.

We probably won't know how significant their progress is until the second half of the year.

They showed some solid revenue growth, which was expected given their new business wins.