Ford CFO Sees China, Europe and North America Driving Growth in 2019

The transcript discusses Ford's financial performance, highlighting revenue growth and Ford Credit's success. Challenges in China and Europe are addressed, with plans for restructuring and new leadership. Ford's collaboration with Volkswagen is clarified as project-based, not a joint venture. Investments in electric and autonomous vehicles are outlined, along with cost-cutting strategies. Geopolitical risks like Brexit and tariffs are acknowledged. Ford's strong financial position is emphasized, with a focus on improving operating performance in 2019.

What was a key factor in Ford's revenue growth during the quarter?

• Expansion into new markets

• Reduction in production costs

• Strong product mix and favorable pricing

• Increased advertising

What were the two regions where Ford faced significant challenges?

• Middle East and Russia

• China and Europe

• Australia and India

• South America and Africa

What is the nature of Ford's collaboration with Volkswagen?

• A complete acquisition of Volkswagen by Ford

• Project-based collaboration without equity exchange

• A joint venture with shared equity

• A full merger of the two companies

What is the expected timeline for Ford's restructuring efforts in Europe?

• By the end of 2020

• Middle of the year

• Beginning of 2023

• By the end of 2022

What is Ford's investment plan for electric vehicles?

• $15 billion through 2025

• $20 billion by 2030

• $11 billion through 2022

• $5 billion by 2025

How does Ford plan to address the challenges posed by geopolitical risks?

• By relocating its headquarters

• By closely monitoring and mitigating external impacts

• By diversifying its supply chain

• By increasing its marketing budget

What was the state of Ford's balance sheet at the end of the year?

• Moderate with balanced cash flow

• Unstable with fluctuating liquidity

• Weak with high debt

• Strong with $23 billion in cash