VEHICLES RETHINKS ITS BROADER PORTFOLIO. PHIL LEBEAU JOINS US NOW WITH FORD CEO JIM FARLEY. PHIL, TAKE IT AWAY.>> THANK YOU MORGAN. JIM, THANKS FOR JOINING US TODAY. WE JUST OUTLINED ALL OF THE CHANGES AND THE SPECIAL CHARGES THAT YOU WILL BE TAKING BETWEEN NOW AND THE END OF 27.I THINK EVERYBODY UNDERSTANDS WHY YOU'RE MAKING THIS DECISION. BUT WALK US BACK TO A COUPLE OF MONTHS AGO OR HOW LONG AGO WAS IT THAT YOU AND YOUR TEAM SAID, IT'S NOT WORKING WHAT WE PLANNED. WE HAVE TO COME UP WITH A NEW STRATEGY.A ...

Jim, thanks for joining us today. Uh, we just outlined all of the changes and the special charges that you will be taking between now and the end of 27. I think everybody understands why you're making this decision, but walk us back to a couple of months ago or how long ago was it that you and your team said, "It's not working what we planned. We have to come up with a new strategy. " And what was the thought process as you made the decision we've got to shift? >> Phil, well, thanks for having me on the sho ...