“All of these units are expected to be recovered in the second quarter.”

In context

“tart. In the first quarter, we expanded our Super Cruise equipped fleet by more than 100% year-over-year or about 230,000 units. Tariffs had a relatively small impact in Q1 and there were other headwinds and one-time factors that impacted the results, which we will discuss. They included some cost pressures and lower full size pickup wholesales because of planned downtime for plant upgrades. Behind the scenes, our supply chain team worked with speed and agility during the quarter to overcome the effects of a fire at a supplier factory that could have severely impacted production of full size pickups and SUVs. As things played out, we were able to quickly move some of the production and recover and repair tools from the damaged site, limiting the impact to about 7,000 units in the quarter. All of these units are expected to be recovered in the second quarter. The team in China also deserves recognition for delivering positive equity income while restructuring the business. They are launching very competitive new products and growing sales volume and market share. For example, all new Buick will be launching in China starting in the second half of this year and they will be new energy vehicles and the premium models will be marketed under the Electra sub brand. Buick will also lead the development of a sophisticated ADAS smart cockpit and chassis designs across our Chinese vehicle portfolio. As I said, we started the year strong after growing revenues 9% and delivering record results in 2024 because the fundamentals of our business remain strong. We managed everything under our control and we continue to thoughtfully plan for the future. This i”