It is a complicated situation with global supply chains. Certainly I am aware, from comments that have been made to me by our members, that they have concerns about the viability of GM, Ford, and Chrysler because at some levels they do share some suppliers. If any of the dire scenarios that some analysts have been painting about the loss of the Detroit three occur, it would have a pretty direct and immediate impact on our members as well, because, as I say, having integrated into the North American industry and having localized their operations in North America, they do share some suppliers with those companies.
On March 9th, 2009. See this statement in context.