We are well positioned for continued improvement over the course of the year, even against the backdrop of a challenging first quarter. Global order intake increased by 50% year over year, fueled by a strong recovery in the US, and this momentum will benefit our performance in the quarters ahead. We are consistently strengthening our cost base to fully leverage continued uptick, enhance resilience, and maintain disciplined capital allocation. At the same time, we achieved important strategic milestones on our path to a more profitable and focused company, including the integration of our Mitsubishi Fuso business into ARCHION Corporation.

Daimler Truck continues to operate from a position of financial strength. Our balance sheet remains very solid, and net industrial liquidity is robust, providing flexibility and confidence in a volatile environment. While Trucks North America operated in a historically low demand environment over the past year, the business continues to face tariff headwinds, with full tariff effects reflected in Q1 for the first time. Against this backdrop, underlying operational performance has remained resilient and is supported by strong order momentum. On this basis and backed by our consistent financial management, we are confident in our outlook for 2026.