Ford says expects more normalized adjusted EBIT in Q2

Says hybrid trucks are a key growth area. Says a few weeks of tariffs are manageable. Says expects changes in tax policy and emissions policy. Says tariffs to Mexico and Canada would have a huge impact on industry. Says tariffs would mean higher prices for customers. Says closely monitoring situation in China. Says FY25 guidance reflects headwinds related to market factors. Says expects $1B net cost reductions from lower warranty expense and production costs. Says expects more normalized adjusted EBIT in Q2. Comments taken from Q4 earnings conference call.