“And I am confident we will achieve our targets and grow from there.”

In context

“mmer, we have been available to bargain 24/7 on behalf of our represented team members and our company. They have demanded recorded contract. And that's exactly what we have offered for weeks now, a historic contract with record wages that have increases that are substantial, record job security, and world-class healthcare. It's an offer that rewards our team members, but does not put the company and their jobs at risk. Accepting unattainably high cost that would put our future and the GM team members' job at risk is simply something that I will not do. Clearly, given the industry's changing pricing and demand outlook and higher labor cost, we have work to do to ensure we achieve low-to mid-single digit EBIT on EV margins targets that we have laid out for 2025. The work has already begun. And I am confident we will achieve our targets and grow from there. So, when you add up all the things we have talked about so far, it should be more clear than ever that we have taken and will continue to take decisive steps to grow our revenue while sustaining strong 8% to 10% EBIT margins in North America through 2025. We are optimizing both our ICE portfolio and our cost structure to continue to deliver strong profits. We are strengthening our EV business. And then, we will accelerate further. And we have assembled a world-class team to deliver new high margin reoccurring revenue streams from software defined vehicles. It does remain a truly exciting time for us. Now, I'll ask Paul to take you through the third quarter financials in greater detail. And then, we will move to G&A. Paul Jacobson: Thank you, Mary, and good morning, everyone. I would like”