“And EBT for Ford Credit is anticipated to be around $1.3 billion.”

In context

“nd $13 million in the US and Europe, respectively, launch of our all-new Super Duty and lower cost of goods sold, including materials and commodities. Turning to the segments. Ford Blue to deliver full year EBIT of about $7 billion cost improvements and higher industry volumes will likely be offset partially by pricing headwinds, as inventory stocks continue to normalize and industry incentives rise through the year, along with adverse exchange. Ford Model e to report an EBIT loss of around $3 billion, largely reflecting disciplined investment in new products and capacity. We also anticipate Ford Pro's EBIT to nearly double to around $6 billion compared to our 2022 results. The gain is driven by improved pricing and volume, including the benefits from the launch of our all-new Super Duty. And EBT for Ford Credit is anticipated to be around $1.3 billion. Additionally, I hope that all of you are blocking time for our next capital markets event on May 21 and 22, here on Dearborn. This will be an important couple of days as we update you on Fords strategy, take a deep dive into financial targets and KPIs for each of our customer-centered business segments and talk about our capabilities and expectations for software and services. By the time we're done, I believe you will even be better equipped to value the expected contributions of each of the segments to Ford's overall growth and return. So that wraps up our prepared remarks. We'll use the balance of the time to address what's on your minds. Thank you. Operator, please open the line for questions. Operator: We will now begin the question-and-answer session [Operator Instructions] Our firs”