Ford CEO: Trump Is Wrong About Us and Jobs

The transcript discusses the current state of the vehicle market in North America, highlighting a plateau in growth and increased competitive pressures. It explores consumer preferences shifting from cars to utilities and trucks, and the impact on market dynamics. The company is preparing for potential economic downturns with a resilient business structure. It is transitioning from an auto company to a mobility company, focusing on electrification, autonomous vehicles, and mobility services. The transcript also addresses political criticism regarding job impact due to international operations, emphasizing the company's commitment to U.S. investment and job creation.

What is the current trend in consumer preferences in the automotive market?

• A shift from electric vehicles to gasoline vehicles

• A shift from trucks to passenger cars

• A shift from utilities to passenger cars

• A shift from passenger cars to utilities and trucks

How has the company prepared for potential economic downturns?

• By reducing the number of employees

• By expanding operations only in North America

• By restructuring the business to lower break-even points

• By increasing production of luxury vehicles

What is the company's new focus as it transforms into a mobility company?

• Reducing the number of electric vehicles

• Focusing on vehicle miles traveled and usage

• Expanding only in rural areas

• Increasing the number of vehicles sold

What opportunities does the company see in the future of mobility?

• Focus on traditional car sales

• Electrification and autonomous vehicles

• Expansion into rural transportation

• Increased production of diesel vehicles

What is the company's approach to mobility in big cities?

• Expanding only in suburban areas

• Collaborating with cities to address transportation issues

• Reducing the number of shared vehicles

• Focusing on traditional car sales

How does the company respond to criticisms about job creation in the US?

• By stating they have reduced jobs in the US

• By highlighting their investment and job creation in the US

• By focusing solely on international markets

• By planning to move all operations to Mexico

What is the company's strategy in dealing with political criticisms?

• By increasing their operations in Europe

• By reducing their operations in the US

• By ignoring political statements

• By emphasizing their commitment to American jobs