We consider Lear to be a role model for all suppliers. They are recognized as a GM Supplier of the Year because they exceeded our expectations in 2005. Lear is one of the best in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world.

Korean suppliers are important to General Motors' success. We buy $7 billion from them and personally, I am very pleased with their performance.

As much as GM plans to raise its product competitiveness by trimming $2.1 billion in buying and supply chain costs every year, we ask for the active support and cooperation of Korean auto parts companies.

We plan to raise this drastically.

We have had a lot of tough issues. We need your help and we need your commitment.