MAAT INDEX

CLAIM #23791 · Ford Motor Company (F) · 2023Q1 earnings call · May 2, 2023 · due Dec 31, 2023

Yeah. The league business is largely sitting in Pro, John. We see that continuing through the year. We see Pro -- strength in Pro as we go through the year.

John Lawler · CFO

PENDING
graded after results covering Dec 31, 2023 are reported

In context

s the $2.5 billion, and that's primarily reflecting the fact that commodities aren't coming down as quickly as we thought. So that's where we see costs unfolding through the second half of the year. Rod Lache: Thank you. Operator: The next question is from John Murphy with Bank of America. Please go ahead. John Murphy: Good afternoon guys. Just a first question on fleet, because that seems to be leading the volume recovery here early in 2023. Just curious how much of a tailwind that was for you and where that shows up in the numbers, whether it's all in Pro or do we actually see something actually showing up on the Blue and in e side? And how much do you expect that to continue to be a tailwind as you go through the course of this year and maybe even for the next year or two? John Lawler: Yeah. The league business is largely sitting in Pro, John. We see that continuing through the year. We see Pro -- strength in Pro as we go through the year. There's considerable pent-up demand. We now have the new Super Duty. We'll be launching the Transit in the second half of the year, and we expect that to continue. So that's where we see quite a bit of opportunity as we go through the year, as we expect the profits in Pro to double this year versus last year. On Blue, what we saw in the first quarter for Blue was about flat pricing. It was up 1/10, a strong mix, really strong mix and some volume increases in Blue in the first quarter. And that strong mix was on F-Series. And that's because last year, we had the TICO issue, which kept our series mix down, plus we were launching Escape this year in the first quarter. So when you look at it, that's where we see things unfolding. When we go through the rest of the year on Blue, we expect that

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SEC filings for F · Claim quote is verbatim from the 2023Q1 earnings call.