Ford Motor Company (F) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone. My name is Layla and I will be your conference operator today. At this time, I would like to welcome you to the Ford Motor Company first quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, please click on the raise hand icon, which can be found in the black bar at the bottom of the webinar window. At this time, I would like to turn the call over to Lynn Antipas Tyson, Chief Investor Relations Officer. Thank you, Layla. Welcome to Ford Motor Company's first quarter 2025 earnings call. With me today are Jim Farley, President and CEO, Sherry House, CFO, and Kumar Galhotra, Chief Operating Officer. Joining us for Q&A will be John Lawler, Vice Chair, Andrew Frick, President Ford Blue and Model E, and Interim Head of Ford Pro, Kathy O'Callaghan, CEO of Ford Credit, and Steve Crowley, Chief Policy Officer and General Counsel. Today's discussion includes some non-GAAP references. These are reconciled to the most comparable U.S. GAAP measures in the appendix of our earnings deck. You can find the deck along with the rest of our earnings materials and other important content at shareholder.forward.com. Our discussion also includes forward-looking statements about our expectations. Actual results may differ from those stated. The most significant factors that could cause actual results to differ are included on page 20. Unless otherwise noted, all comparisons are year-over-year. Company EBIT, EPS and free cash flow are on an adjusted basis. Lastly, I want to call out two near-term IR engagements. May 28th, John Lawler will participate in a fireside chat in New York with Daniel R...