Ford Motor Co at Wolfe Research Global Auto, Auto Tech, and Mobility Conference Transcript
Okay. We're ready to kick off our first presentation of the day. [Meyer], if you don't mind, please leave Jim Farley alone.
Our first speaker of the day from Ford Motor Company may be the most highly anticipated at this conference. And to introduce this, I think I should just state the obvious. It's no secret that Ford has experienced a number of challenges over the past few years, challenges that have resulted in disappointing profitability and free cash flow. And those challenges ultimately led to management changes, they've led to strategy changes.
But what's intriguing about this company from an investor perspective is that embedded inside the company, there should be a strong, profitable and cash-generative core. And to illustrate that, I snipped from one of Ford's presentations. It's something that they showed in early 2019, that the company's global truck and van business, at that point, was delivering $10 billion of EBIT. And of course, you know that Ford Credit has been in the zone of contributing something
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