“Our global hybrid sales were up 20% last year and we expect them to be up 40% this year.”

In context

“ou. Jim Farley: Thank you, Lynn. And hi, everyone. Thanks for joining us. Last year turned out to be a fundamental year, a foundational year for our company. We launched some amazing [Technical Difficulty] Operator: Pardon me, this is the conference operator. We've seen that we've lost audio from the speakers location. Please stand by as we regain the signal. Pardon me, this is the conference operator. We have rejoined the audio with the main speaker location. Sir please continue. Jim Farley: Hi, everyone. I'm not sure where we got cut off but I want to just highlight how important last year was not only financially but a foundational year for our team. Our power choice and our powertrains really came through, and you can really see that on the F-Series, which I'll talk about in a second. Our global hybrid sales were up 20% last year and we expect them to be up 40% this year. We're now the number one and number two best-selling hybrid trucks in the U.S. Maverick is number one and we're the number three hybrid brand in the U.S. behind Toyota and Honda. But unlike them, our hybrids really sell best on trucks for our side. We launched some awesome tech. BlueCruise just passed 150 million miles of hand-free use, but more importantly, the growth is up 25% quarter-over-quarter and the gross margins for BlueCruise are at 70%-plus, the same for Ford Pro Intelligence. And boy, can Ford do work vehicles. The new Super Duty and Transit are off to great starts as is the new Ranger. We are really focused as a team on the segmentation. You can see the speed, the accountability for results and focus within the company. And our underlying business is getting better, as John w”