“Volumes, we were up 9% in Q1. We expect to be about -- up about 6%-ish for the full year overall.”

In context

“r that Jim. And then, just maybe one follow-up for John. So curious if you could just put a final point on the puts and takes for your unchanged 2023 guidance. I think you mentioned in terms of costs for materials and freight maybe now a $2 billion benefit instead of $2.5 billion. Are there any other big pieces which are either more or less of a benefit or a headwind than you saw previously? John Lawler: Yes, sure. So, we had shared what we thought the bridge was earlier this year. And so as I said, we think pricing overall for us will be about neutral for the year. We said that our COGS are primarily material and logistics. We had said that it would be about $2.5 billion. We think it's about $2 billion now. That's primarily due to commodities not coming down as quickly as we had thought. Volumes, we were up 9% in Q1. We expect to be about -- up about 6%-ish for the full year overall. So, I think you can look at that, and those are the three areas that have basically changed versus what we had bridged before. We see past service pension at about a $2 billion negative. Credit, we don't change there, we're about that $1.4 million, and we're going to continue to invest in growth and then we stock exchange and other of about $1 billion. So, that bridge largely remains the same, except we got a little bit of movement between some volume and some commodity costs. Emmanuel Rosner: Perfect. Thank you. Operator: This concludes the Ford Motor Company first quarter 2023 earnings conference call. Thank you for your participation. You may now disconnect.”