15 Quotes by Mark Oline

American Axle continues to suffer from exposure to GM and certain platforms within GM.

It was a modest first step, but the heavy lifting is still to come. This was probably one of the easier elements to resolve.

It's a distinct possibility that a work action does take place somewhere through the course of this bankruptcy.

It's concerning that it was at this late date that the company is not able to publish its financial statements. If the amounts remain as stated in their press release, then it's not that material.

They certainly distinguished themselves ... but they are not immune to the pressures faced by other suppliers, mainly lower production in North America and commodity costs.

The UAW has a lot of incentive to negotiate concessions out of court, given the lesser influence it would have in a bankruptcy scenario.