Ford CFO Lawler on First Quarter, Outlook, EV Demand

The transcript discusses Ford's Q1 results, highlighting a 20% top-line growth and solid adjusted EBIT. The company maintains its guidance despite macroeconomic uncertainties. The auto industry faces challenges, including competition and pricing pressures, especially in the EV segment. Ford's strategy focuses on capital allocation and leveraging its EV market position. The company aims to enhance customer loyalty and competitiveness through innovation. Cost management, including potential job cuts, is part of Ford's transformation strategy to adapt to industry changes.

What was the top line growth percentage for Ford in Q1?

• 15%

• 20%

• 25%

• 30%

What is Ford's strategy to remain competitive in the auto industry?

• Focusing solely on traditional vehicles

• Expanding into unrelated industries

• Strong capital allocation and quarter over quarter performance

• Reducing production of electric vehicles

In which segment does Ford have significant pricing power?

• Electric Transit van

• Compact cars

• Two-row crossovers

• Luxury sedans

What percentage of Ford's EV customers are new to the brand?

• 40%

• 50%

• 60%

• 70%

How does Ford plan to handle cost efficiency in the future?

• By focusing on all cost areas and upscaling where necessary

• By expanding all parts of the business

• By focusing only on job cuts

• By reducing investment in electric vehicles