Says in the U.S., achieved highest third-quarter market share since 2017. Says commercial electric van market has been more challenged than expected. Says to reduce electric vehicle losses in 2026 and beyond. Says internal combustion engine volumes will remain higher for longer. Says MSRP offset program will help make U.S.-produced vehicles more competitive over the next five years. Says very well positioned as the company invests to increase domestic sourcing and manufacturing footprint. Says near-term electric vehicle adoption will be lower than planned. Says top priority is to restore North America to historical 8%-10% EBIT-adjusted margins. Comments and guidance taken from Q3 earnings conference call.
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