Executive Chairman of Ford Bill Ford poses for a photo with the 2021 Ford F-150 King Ranch Truck in Dearborn, Mich., on Sept. 17, 2020. Strong demand for high-margin vehicles like pickup trucks has propelled Ford and its rivals to remarkably strong earnings this past quarter.

DEARBORN, MI – SEPTEMBER 17: Executive Chairman of Ford Bill Ford poses for a photo with the 2021 Ford F-150 King Ranch Truck at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Ford held the event to showcase its new advertising campaign, the start of production for the new F-150 pickup truck and the future of the Dearborn Truck Plant. (Photo by Nic Antaya/Getty Images)