“We are also targeting another $1 billion of industrial cost improvements.”

In context

“in improving customer loyalty and advocacy, as evidenced by our net higher net promoter scores. Our corporate reputation is also getting stronger, important to dealing with policymakers, our partners, and, of course, our communities. In fact, Time Magazine named Ford the most iconic company in America based on its very large survey base of its readers. We also expect to achieve the seventh straight year as America's number one auto producer, and we produce more than five vehicles in America for every one that we input. This year, we stable policy environment for our partnership with the administration this year, especially given a reset in the emission standards. We also expect year-over-year profit improvements driven by richer Ford Blue mix, Ford Pro growth, and reduced Model e losses. We are also targeting another $1 billion of industrial cost improvements. And to drive strong execution, the management's compensation is directly tied to hitting key milestones for cost and quality and software for the vehicles that will come out in the next few years. Our Ford Plus plan is now focused. It is not just focused on near-term short-term profitability. Let me be specific about some of the most important drivers for our long-term value creation. First, affordable EVs. We aren't just building compliance vehicles at Ford. We're launching a cost-efficient universal EV platform that will drive profitable growth in the lower price segments where the EVs have continued to thrive in America. We will launch multiple vehicles off that same platform, starting with the midsize pickup, bringing younger and more diverse customers into our brand. The universal pl”