“So as I said in my prepared remarks, we do think that this is going to be the best quarter of the year for Model e.”

In context

“to the EVs you're selling in Europe. Can you just speak to that and just how you're thinking about the near-term since the full-year guide has pulled? Has Model e turn the corner here and how is Ford handling Mach E production in Mexico with respect to tariffs? Thanks. Sherry House: So, Model e did have a great quarter. It was about 40% better on a quarter-over-quarter basis and also a year-over-year basis. Now, that was driven by some positive pricing. Part of that had to do with our Q1 of 2024 when we had taken some significant pricing actions across our entire dealer inventory. So in some ways, there was a positive beat based on that. But we also saw some improvements in material cost with some pull aheads in material cost improvements that we were anticipating a bit later in the year. So as I said in my prepared remarks, we do think that this is going to be the best quarter of the year for Model e. James Picariello: Thank you. And just thoughts on the Mach E, just what's the planning for Mach E production in Mexico? Is there any change at all to the plan or is it business as usual? Jim Farley: It's business as usual. We do not plan on making any adjustments to lowering the production, the vehicles in doing very well right now. We actually have a very low day supply of the vehicle itself. It's essential to our overall compliance, delivering compliance here. So it's doing well and we've actually moved some of the products to Europe at a higher -- because of the higher run-rate they're seeing as well. So it's doing very well. No change planned. Andrew Frick: Yeah. It's interesting for me… James Picariello: Appreciate it, thanks. Andrew Frick: That we're in the fourth year of Mach-E and”