Ford Motor Company (NYSE:F) Deutsche Bank 2022 Global Automotive Conference June 15, 2022 10:15 AM ET Company Participants John Lawler - CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Emmanuel Rosner All right. Good morning, everybody, and thank you so much for joining us for this session of our Global Automotive Conference. I'm Emmanuel Rosner, and I'm the lead U.S. autos and automotive technology analyst here at Deutsche Bank. I'm incredibly pleased to be joined by Ford this morning for ...

Summary of Ford Motor Company Conference Call Company Overview - **Company**: Ford Motor Company (NYSE:F) - **Event**: Bernstein 38th Annual Strategic Decisions Conference - **Date**: June 1, 2022 - **Participants**: James Farley (President and CEO), Toni Sacconaghi (Bernstein Analyst) Key Points Industry Dynamics - The global auto market historically sees around 90 million units sold annually, but this may change due to the rise of electric vehicles (EVs) and autonomous driving, potentially leading to a contraction in unit sales over time [3][4] - The total addressable market (TAM) is expected to shift significantly, with a greater emphasis on software services and shared mobility rather than traditional vehicle sales [4][5] - The competitive landscape is becoming increasingly fragmented with new entrants in the EV space, particularly from China, which may lead to consolidation among traditional internal combustion engine (ICE) manufacturers and new EV players [6][7][8] EV Market Insights - Ford aims for 50% of its sales to be EVs by 2030, with a planned investment of $50 billion in EVs by 2026 [1] - The cost premium for EV powertrains compared to ICE powertrains is currently estimated at $25,000 to $27,000, driven by battery costs and other components [30][34] - The company believes that the second-generation EV products will significantly reduce costs through improved manufacturing processes and battery technology [32][33] Profit Pools and Revenue Composition - The shift towards software and services is seen as a major opportunity for revenue growth, with potential for significant profit pools in areas like advanced driver-assistance systems (ADAS) and fleet management [15][16][20] - The largest fleet operators in the U.S. are currently rideshare drivers, representing a significant market opportunity for tailored EV solutions [16] - Ford's strategy includes focusing on integrated systems and telematics for commercial vehicles, which are expected to drive profitability [20][21] Competitive Strategy - Ford is focusing on its strengths in commercial vehicles and passion brands, while restructuring its ICE business to fund future EV initiatives [58][59] - The company plans to simplify its vehicle designs and reduce costs through radical changes in manufacturing and distribution models [31][32][49] - Ford's approach to marketing is shifting towards enhancing customer experience rather than traditional advertising, aiming for a more integrated service model [45][54] Future Outlook - The company anticipates a challenging transition period as it balances the growth of its EV segment with the decline of its ICE business, but is committed to achieving positive contribution margins for its first-generation EVs by 2026 [65][66] - Ford aims for an EBIT margin target of 10% by 2026, with a focus on execution and talent acquisition to navigate the competitive landscape [67][68] Additional Insights - The competitive nature of the industry may pressure pricing for new technologies, but Ford believes that unique software offerings and customer experiences will help maintain profitability [17][18][21] - The digital ecosystem in China is evolving differently, with state-run companies having different motivations compared to Western firms, which may impact competitive dynamics [39][40] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting Ford's commitment to transitioning towards a more sustainable and profitable future in the automotive industry.

Ford Motor Company (NYSE:F) Q1 2022 Earnings Conference Call April 27, 2022 5:00 PM ET Company Participants Lynn Antipas Tyson - Executive Director of Investor Relations Jim Farley - President & Chief Executive Officer John Lawler - Chief Financial Officer Marion Harris - Chief Executive Officer, Ford Credit Hau Thai-Tang - Chief Industrial Platform Officer Doug Field - Chief EV & Digital Systems Officer, Ford Model E Conference Call Participants Rod Lache - Wolfe Research John Murphy - Bank of America Merr ...

Summary of Ford Motor Company Conference Call Company Overview - **Company**: Ford Motor Company (NYSE:F) - **Event**: Exane-Jefferies Spring Automotive Conference - **Date**: March 8, 2022 - **Participants**: Hans Schep (General Manager Commercial Vehicles, Ford Pro), Philippe Houchois (Jefferies), Stuart Pearson (Exane) Key Points Industry Position and Market Share - Ford is the **number one commercial vehicle brand in Europe** for the last seven years, dominating the pickup segment with over **40% market share** [6][4] - In 2021, Ford was the **number one brand in 9 out of 20 markets** in Europe, with strongholds in the UK and Turkey [6][4] Strategic Developments - The creation of **Ford Pro** has been pivotal in enhancing Ford's commercial vehicle business, focusing on customer needs and operational efficiency [4][11] - Ford has revitalized its product portfolio over the last **10 years**, launching new products and dedicated Ford Transit Centers to cater to commercial customers [7][8] Ford Pro and Global Strategy - Ford Pro is a **global business** that integrates vehicles and services, including both internal combustion engine (ICE) and battery electric vehicles (BEV) [13][16] - The initiative aims to provide a **holistic capability** for customers, including telematics, financing, and charging solutions [15][16] Revenue and Profitability - Ford Pro's revenue potential is significant, with estimates around **$45 billion** globally [17][18] - From 2023, Ford will provide more detailed disclosures on the profitability of Ford Pro [18] Electrification and Sustainability - Ford aims to be **carbon neutral globally by 2050**, with a target for its commercial vehicle lineup to be **zero emission capable by 2024** [23][24] - By the end of the decade, Ford expects that **70% of its sales** will be zero emission vehicles in Europe [24] Challenges and Market Dynamics - The company anticipates ongoing **supply chain challenges** and component shortages, particularly in the first half of 2022 [31] - Ford has seen **5% price increases** in the commercial vehicle market, with strong demand allowing for continued pricing power [41][43] Competitive Landscape - New entrants in the market primarily focus on last-mile delivery, which represents only **10% of use cases** in Europe, while Ford offers solutions for the remaining **90%** [52] - Ford's partnership with Volkswagen is seen as beneficial for scaling manufacturing and developing future solutions [29] Charging Solutions - Ford has acquired **Electriphi**, a company specializing in depot charging software, to enhance its charging services for customers [54] Conclusion - Ford is positioned strongly in the commercial vehicle market with a clear strategy focused on electrification, customer service, and leveraging partnerships to maintain its competitive edge [11][29]

Ford Motor Company (NYSE:F) Q4 2021 Earnings Conference Call February 3, 2022 5:00 PM ET Company Participants Lynn Antipas Tyson - Executive Director of Investor Relations Jim Farley - President & Chief Executive Officer John Lawler - Chief Financial Officer Marion Harris - Chief Executive Officer, Ford Credit Conference Call Participants John Murphy - Bank of America Rod Lache - Wolfe Research Dan Levy - Credit Suisse Ryan Brinkman - JPMorgan Emmanuel Rosner - Deutsche Bank Colin Langan - Wells Fargo Brian ...