“We are confident we can reduce the losses and sustain a profitable business in the future with everything we've known.”

In context

“trajectory with a very clear and non-negotiable mission at Ford to deliver best-in-class quality. I'll close with this. The remaking of Ford is not without growing pains, but is unlocking opportunity to serve our customers in growing ways we never thought possible. My confidence comes from the fact that we have built a world-class team, and we are executing a compelling strategy. No other company has Ford Pro. We intend to fully press that advantage. No company has a more compelling product lineup with an attractive mix of ICE and partially and fully electric options for both work and retail customers. We also know we have a lot to prove. We look forward to proving our EV strategy out. That has become more realistic and sharpened by the tough environment. Thankfully, we scaled years ago. We are confident we can reduce the losses and sustain a profitable business in the future with everything we've known. We look forward to proving that we can be profitable on smaller vehicles as well, not just on EVs, but across all of our powertrain choices. It's time to prove our recent quality gains are repeatable and will flow to the bottom line. Plenty of work ahead, but the direction is crystal clear to us. We are building a high-growth, high-margin, more capital-efficient and more durable Ford. John? John Lawler: Thanks, Jim. And I want to thank the entire Ford team for their hard work and continued focus on executing our Ford+ strategy. And more importantly, we are working aggressively to remake Ford into a higher-growth, higher-margin and more durable business, as you said. And frankly, a higher-performing company. Our automotive business is solid and consistently generating strong free cash flow”