not only is it a cool car but it feels like it's a luxury car. and kia wasn't known as that kia was the company where if you had a job and $199 you got a car. >> right. >> so is this considered luxury >> yes. absolutely. we see the luxury brands moving down into kind of what i would call the mainstream marketplace. we said to ourselves w move up? we had customers coming in for optima and credenza saying int more. i love the products but i want something bigger more luxurious. as a marketer we respond to our >> absolutely. also it's infused with technology. that seems to be the theme here at the show. >> right. >> can you tell us about the 've made over the last year? >> this year we're introducing uvo 3. allows you to control your iphone or your samsung galaxy, any device that you bring into the vehicle with your voice. >> re introducing with apple car play and android auto. so basically on the screen in the car it willscreen on your device. >> interesting. >> and that's really cool nowadays. because before you had a different screen and you had

there is a contraction in some of the luxury car market.segments have contracted by 15% and 10%. launching a red-hot product into a red-hot market segment makes its optimistic for the future. matt: i have been hearing at the auto show this week that this has gotten tighter for everybody. is it more difficult for cadillac as well? are you still increasing your share of the luxury market? >> cadillac is doing really well at the moment. i am pleased with the performance. last year, we grew 7.5% on a global basis and we face different opportunities in different geographies. in china, it's the fastest-growing luxury brand. in the u.s. where we are already established and have a large customer base, the focus last year was in terms of elevating the brand in terms of stature in the kind of clientele we are attracting. i would say there it is mission accomplished. it may surprise your viewers but in terms of average transaction cadillac year to date is the number one brand in the mainstream luxury market. we are a couple of hundred dollars ahead of

the largest luxury ballroom in washington and in the washington area. it will be a very, very special job. we are proud of it. we are two years ahead of schedule. we will be opening in september. so that's much in advance of what it was supposed to be. it was supposed to be september two years from now. we are right on budget and increased the scope of the work quite a bit. we are still on budget and have gone to a higher agree of finishes and marbles and fixtures, bathroom fixtures,

i love the products but i want something bigger more luxurious. as a marketer we respond to our customers. >> absolutely. also it's infused with technology. that seems to be the theme here at the show. >> right. >> can you tell us about the technological advances you've made over the last year? >> this year we're introducing uvo 3. if you recall, it's our in-vehicle connectivity that allows you to control your iphone or your samsung galaxy, any device that you bring into the vehicle with your voice. >> okay. >> now we're introducing with so basically on the screen in the car it will replicate the screen on your device. >> interesting. >> and that's really cool nowadays. because before you had a different screen and you had to figure out how to operate it and things like that. now you just use the device in your hand. >> right there. >> looking at the future i know that with regard to kia there's a significant number of minorities that own kias. but a low number of minority automobile dealers. i believe it's 5%. that's roughly 1,000 out of all auto

of luxury. i wonder if she's bringing the wine. and simone boyce catches up with kevin hart to talk about his p (vo) with thousands of qualityr pre-owned vehicles... rand exceptional customervservice, head to your neighborhood enterprise car sales and let the people who buy more vehicles than anyone... pflip your thinking about buying that are affordable. dari: an exclusive tuscan castle considered one of the top hotels in the world. alison morris introduces us to fancy wines in tonight's lap of luxury. >> reporter: welcome to the lap of luxury. i'm alison morris. this week we visit a restaurant in the time warner center where we're talking to bante wines about affordable luxury. >> really, really wonderful family-owned and operated business. they have the best wines available >> 1919 it started. it started as a small wine importing house. it was started by my grandfather. >> the family business survived prohibition and established its new york headquarters on long island. in the 1970s, christin

bit, but only at the luxury level?y level, at least in new york, you're seeing a lot of building. that is the price point where things have to be built. and now a lot of other global phenomena and are happening. currency changes, changes in europe, and you are seeing a lot of demand and supply. >> kevin, i want to turn to you. what do you define as a luxury property? kevin: we're looking at prices $4000 to $10,000 a foot. vonnie: does location matter? kevin: of course, location, location, location. mark: kevin, tell me about this expensive luxury condo in soho. you split it, carved it into two. will that increase the chances of finding a buyer? kevin: of course it has. we have seen traffic pick up since we made a decision and filed with the attorney general to make that change. it's just a reaction to the market. for that location, for that point, we -- gross price point, we felt that we were out of the market. change physically. we reduced to the price of the penthouse by 30%. it brought the gross prices down . that i

is there still chinese growth for the luxury market? michele: i have no doubt.he number of people who are entering the middle class, the average income of the people, the culture, how they have been able to develop very fast, from travel,ree -- luxury to it is great potential. there is also the traveling aspect. there are more travelers, more curiosity. and changing destinations. they may be modifying spending behavior. francine: do you have to adapt your strategy? do you have to find out how the chinese consumer spends, how the chinese consumer travels? michele: absolutely. i am trying to understand where they travel, and where they will go. there has been a clear evolution. from the beginning, only hong kong and macau were the achievable destinations. then you had australia, europe, and sometimes in mexico. a love of traveling. recently inside asia. there is in improving relationship between japan and china. francine: what surprises you the most about the chinese consumer? michele: the speed. francine: at which they shop or travel? [laughter] michele: the spee

. >> reporter: he had the luxury of casting his super tuesday ballot in his houston precinct. crews told a media horde he expects to win and is ready the take donald trump, one-on-one. >> it's all about delegates. donald trump is likely to have a whole bunch of delegates. we're likely to have a whole bunch and i think there will be a big drop off for the rest of the field. >> reporter: texas is the bigst super tuesday prize. 155 delegates up for grabs on the republican side. to get all the delegates, cruz needs to get 50% of the vote. voe voters we talk to are fascinated and furious w donal trump. >> he's the one that will turn this country around. he has no endearment to anybody. the more the people talk bad about him, the more people love him. >> we do not know what he stands for because he doesn't tell us what he stands for. he just says he's going to make us rich again. make us great again. he puts platitudes out there without detail. >> reporter: a texas size record turn out is expected in the gop primary with more than a million votes already cast in early voting. for ni

yachting provides the ultimate in five-star luxury for the discerning elite. >> i've always asked what is a super yacht and what is a mega yacht. we consider a super yacht 150 feet and above. because of the nature of the boats, we cater to the folks that can afford a multimillion-dollar boat. >> it's not unheard of for a vip client to pay as much as much as $30 million for a luxury yacht. >> i guess that's why chartering is appealing, because you don't need to have a multimillion-dollar budget, just 1/10 of that. super yachts are available for chartering from 25,000 to 250,000 per week. they can charter a boat whether it's the med or the caribbean or south pacific. >> whether by helicopter, limo or private jet, guests are often chauffeured to their luxury vessel. >> a typical yacht charter,

do you believe there is still chinese growth for the luxury market?ichele: looking into the medium to long-term, i have no doubt. the number of people who are entering the middle class, the average income of the people, the culture, how they have been able to develop very fast the beltsng curve from luxury to traveling it is great , potential. then there is also the traveling aspect. they have become more travelers, more curiosity. millions, more than 100 million people and changing , destinations. so this is also a surprise which may be modifying most of the spending behavior. francine: do you have to adapt your strategy? do you have to constantly look at numbers to figure out how the chinese consumer spends, where they spent, and how they travel? michele: absolutely. i am trying to understand where they travel, and where they will go. there has been a clear evolution, because from the beginning, only hong kong and macau were the achievable destinations both for visas. then you had australia, europe, and sometimes in mexico. and then, a lot of travel

from lexus to bmw to mercedes, suvs now drive the luxury auto market.n fact, it's one reason bmw and mercedes have outsold cadillac since the recession seven years ago. >> the market for suvs was really strong, it was growing, everybody saw it. and they haven't addressed it. the srx is way long in the tooth, way overdue for being replaced. they also have some voids. they need a smaller sport utility vehicle, so they have got to start introducing a lot of new product and keep it very fresh. >> lighter and quieter, with a refined interior, packing an array of tech features, the xt-5 is the first of a wave of new models coming from cadillac. and the president of the brand knows every one has to be spot-on for caddy to make a comeback. >> it's like a boxing match. you can't win the fight by landing one heavy blow per round. you need knockout punch after knockout punch. >> the xt-5 rolls into daddy showrooms in april. and with it, the hopes of a brand looking to make a splash with luxury suv buyers. phil lebeau, "nightly business report," cane point, califor

matt: i see some luxury brands reaching to the luxury side, taking a bite out of the playbook in orderuse it for their regular customers. ?re you trying to go sportier that has gone tremendous growth, and we just have to continue that growth. we are expanding the portfolio. fromll have more models top to bottom, so, yes, it is becoming -- i would say a grown-up family member. time, thehe same luxury market has gotten tighter. there is still growth, but it is not the kind of growth we have seen in recent years. how do you respond to that? have seen tremendous growth, 13%, unbelievable last year. wider, butportfolio we are also developing markets, very strong growth in asia, and we have had a tremendous run in the last few years in the united states. well also,ebounding so we are cautiously optimistic. you have a brand like cadillac trying to push the price up. they have got a feeder brand. you do not have a feeder brand. worry about, do you that? that's something more affordable is going to hurt the mercedes image? foremost, there is no luxury brand in the u.s. that has so many cars in

it's a luxury that you can afford. and i think people should because there's nothing like >> forren even more luxurious tuscan experience, guests can stay at the hotel. >> our hotel is actually nestled right next to the 12th century castle. and the castle sits on top of a hill overlooking 7,000 acres of vineyards and woods. >> open march through november, it has just 14 rooms. for $1200 a night in season, stay in the only suite in the world with its own private wine cellar or book a three-night retreat for $35,000 which includes a hot air balloon ride, private cooking lesson and a ferrari rental. >> the ultimate tuscan experience, it really is. and i think it should be on everybody's bucket list because it brings you right back to the another era, and you really feel like you get a sense of history, a sense of place. and when you drink the wine, you just get a sense of enjoyment. >> thanks so much for joining us i'm allison morris, i'll see you next time on the lap of luxury. >> on the night before a history-making bas

the luxury part of the market has outpaced the general market, so there's a positive for luxury cars.re a big portion of luxury market but you see suvs coming in as well. both to compete in the luxury market. on the sports sedan and then koppelman that with cars like this one. sports the first compact sedan. we think it is an alternative to these established competitors whether they are from germany or asia. complement on power trains. buys and comes in and xe?- the brand awareness has always been there and been strong, but we were missing some important features like an all-wheel drive engine and body style. now we have a full complementary lineup, plus we have the most aggressive pricing in our history. have the best leading customer care package, five-year, 50,000 mile warranty and free maintenance throughout the entire time. there's no reason not to consider it these days. exceptionalve an deal network -- dealer network. >> without the physical presence and presence of our dealer partners in the local communities, it would be difficult to make that customer connection and not poss

pressurening yuan puts on luxury brands. our exclusive interview with the ceo of ferragamo. ♪ anna: welcome back, everybody. this is "countdown." you are looking at a live shot of hong kong. the hang seng is a little weaker at this hour. let's get to the bloomberg business flash. >> shares in valiant pharmaceuticals surged the most in three months yesterday after bill ackman joined the board and their ceo was ousted. at the same time, valeant accused its former cfo of engaging in improper conduct and led to the company filing a financial misstatement. schiller refused to resign from the board, saying he did nothing wrong. deutsche bank may have its credit rating cut by moody's on concern that germany's largest lender will struggle to carry out an overhaul and improve profit. moody's says through changing leadership and recalibrating its the outlook has only worsened for deutsche bank. have fallentrograd in after-hours u.s. trading after they posted a surprise fourth-quarter net loss caused by unprecedented asset write-down a

have luxury companies been inward focused?ou have to look beyond that period to understand why they put the brakes on m&a. a lot of luxury companies went eyeugh an enormous physicians are in the late 1990's and early 2000. they have been digesting that we are growth is slowing in areas like china. that means they have to switch from buying businesses and expanding them to actually running them. that means they have their hands full. ofhave been through a period that. lvmh has been able to turn around a brand by becoming a bit more exclusive and distributing its brand. -- straightened out but so 1000 euro products are growing more in the market. vonnie: even with the game, burberry is down 22% last year. and it has already made a lot of the cuts and difficult decisions that a private equity firm would do. but is it a good target for private equity, the other big group in luxury retail now? andrew: i do not want to overplay the fact it may be lvmh. there are plenty of arguments that burberry would be better for private equity. e

dari: alison morris visits them in tonight's lap of luxury. >> reporter: welcome to the lap of luxury. i'm alison morris. we visit a luxury men's wear >> this focuses on the artisans and craftsmen that create the culture of italy. it brings us here to one of my personal favorites. suiting is what they're known for. they have a broad array of products more in the casual line. it's a very elegant and casual line at the same time. >> i think making a suit is an art. you have to be very creative and you have to love what you do. >> reporter: that art has been part of the brand since 1957 when john lucca's grandfather started the company in napa. the fine tailoring is an essential part today. >> in our factory, when they're working on a jacket and they go like they are keeping a baby in their hands. they're really, you know -- >> it feels wonderful. >> reporter: at the heart and soul of the company, the fabrics. what makes it unique, they create their own. >> we design internally our own fabrics. then we go to the mills. >> reporter: their eight fabrics are highly limited, able to produce

it is the quintessential italian whose luxury company founded back in 1927.-owned until it went public in 2011. from the opening of the first national stores the company has expanded to become a key player in the global industry with shops in over 90 countries. thank you for staying with us. we were talking about the challenges. you are talking about the opportunities, geopolitics. what is the one opportunity you cannot miss? is there a target consumer you need to reach? michele: the most difficult is millennials. nobody is very clear where they start or finish, but roughly 2.3 billion people age 18 to 30, they are moving fast, spending money in a different way. francine: why different? michele: they are always connected and they are always comparing prices. at the same time, they behave conservatively. sometimes they buy products which have already been successful. this is what would be interesting to understand. also, the destination of how they will spend time. probably, leaping in a different way, the other we will reserve for the future. francine: this i

tomorrow, we'll visit a luxury tailor. they make their own fabrics and dressing the hottest names in hollywood. i have more from the event last night, including a visit from tyson beckford. dari: just watching that made me want to take a trip to rome. that's really nice. that was a good night. >> reporter: truffles, truffles, rice balls. steve: had to get you in the mood to spend money. >> i was worried nobody was buying. you've got a rice ball, red wine, you're set. steve: over time, they'll make the truffles back and then some. thank you. let's talk about the weather. it was nice and warm. it's 77. it wasn't perfect. nick: just some sprinkles. i have some updated numbers. the new high 79 for central park. that's the new record. and now the new record at newark, 81. new record at bridgeport, 66. they're up a degree from the top of the hour. still a very warm record-holding day. 63 the low this morning. that's as low as it got. the average low should be 33. 74 and 12 the old records there. the 12 in 1929. we'll see a lot o

middle class workers, head into the rental market and find prices driven up by lack of availability or luxuryhey can't afford. is the rent too high where you live? rent too high, why? it's the "inside story." ♪ >>> welcome to "inside story." i'm ray suarez. the bursting of the real estate bubble and the great recession sent shocks into the housing market that are still with us today. owners who lost their houses become renters by the thousands. owners trying to sell and recover their equity, found markets frozen, and started renting their properties because they couldn't unload them. incomes grew grudgingly in the years of the slow recovery of the job market, so people reaching ages where they might have imagined buying homes are still renting. buying a home felt risky. that's one set of variables. in specific markets the number of young people grew faster than the population over all. and in someplace where new units were coming online they catered heavily to one end of the market, high-end renters looking for luxury units. and all of those variables hitting different metropolitan areas in d

when adrian and his crew say "luxury," they mean it. the attention to detail in each igloo is incredible, making beautiful and out the images tour of what iglu- ahead and book a night or two in one of their igloos, just don't forget to pack a jacket ... or three! what caught jeff's eye people are are some videos to prove it. we'll be right back after this short break "announcer: now with the fox19 mobile app, you'll never be without fox19 news. from fox19.com to text and email alerts for breaking news and weather. it's all right here in the palm of your hand." you decide 2016 "when i win ohio and hey, what are you doing? getting the coats. for a half hour? bob just got time warner cable. he's getting more. more what? more than 30,000 movies and most for free. look, he's dvr-ing like 6 shows at once. let's go. ah, this grass is so much greener than on our tv. why are your shoes off? because i'm on their bed. i don't want to be rude. discover how much more is included. are those meatballs still circulating? switch to time warner cable tod

coming up next, forget luxury sports cars and private jets.e details on the hot new toy for the super rich. >> rides like a rolls royce. cup holders ac, leather seats and a back up camera but this set of wheels can also take you over sand dunes. the ultimate weapon in the status wars coming up. sales event is on. with extraordinary offers on the exhilarating is... the thrilling gs... and the powerful rc coupe. ♪ this is the pursuit of perfection. >>> welcome back to the halftime report. well known biotech venture capitalist steven burrell agreed to settle charges that he siphoned investor money for personal uses. he will accept a lifetime ban from the securities industry. now, they say he stole these funds essentially to fund a quote/unquote lavish lifestyle, vacations and private jets. well known venture capitalist in the biotech world with a settlement with the fcc. >>> time to trade in tires for treads. personal tanks are taking the reins from sports cars as the newest go-to luxury rides for the super rich. our cnbc wealth ed ditor robert f

we make uber luxury materials and combine it with fun.ernible] mark: the chief executive of bacardi was there and you can read more about luxury with bloomberg. pursuits in a bloomberg. coming up, a busy hour with key insights on the oil industry. we talk with lorenzo simonelli, the chief executive of ge oil and gas. we find out how oil prices are affecting drilling, exploration and equipment. that is coming up right here on bloomberg television. ♪ . . vonnie: it is 11 a.m. in new york, 4:00 p.m. in london and midnight in hong kong. mark:mark: live from london, i mark barton. this is the european close. we are going to take you from new york to london to madrid in the next hour. here is what we are watching -- what will draghi do with less than 24 hours to go before the ecb faces a choice? draghi will try to pump new life into the economy. what are the odds of a rate cut and more bond buying? for thethe new strategy world largest clothing retailer. how they are moving toward more online sales and cutting back on store expansions. mark: ho

mercedes-benz resets the bar for the luxury suv. that's why i run on quickbooks. details. i use the payments app to accept credit cards... ...and everything autosyncs. those sales prove my sustainable designs are better for the environment and my bottom line. that's how i own it. (avo) how mu18%? 20?in does your dog food have? nutrient-dense purina one true instinct with real turkey and venison has 30% protein. support your active dog's whole body health with purina one. bounty is two times more absorbent. more "sit" per roll. so one roll of bounty can last longer than those bargain brands.

the largest luxury ballroom in washington and in the washington area. it will be a very, very special job. we are proud of it. we are two years ahead of schedule. we will be opening in september. so that's much in advance of what it was supposed to be. it was supposed to be september two years from now. we are right on budget and increased the scope of the work quite a bit. we are still on budget and have gone to a higher agree of finishes and marbles and fixtures, bathroom fixtures, windows, et cetera. we want to make this one of the great hotels of the world. i think it's coming out that way and when it's completed, you will be proud of it. it's a great thing for the country and washington. it was sitting shallow for many, many decades but it was for many years, it was a magnificent building and there was fights as to whether it would stay up and groups got together and never allowed the government to take it down. we started it about a year and-a-half ago and will have it finished way ahead of schedule. i think you will be proud of it as people who l

this luxury shopping mall was once a graveyard. it was built on the site in 1993. a residential neighborhood was also once a cemetery. today, the graveyard is an apartment complex owned by the housing and development board or hdb. over 80% of singapore's residents live in similar hdb homes. assistant professor lee ock explains how land development works in the city. >> singapore has employed more essential life, and most developments in the past, these approaches definitely helped more efficient planning and faster development. they want to keep the majority of land for the public propose like housing or transportation and/or other sort of necessary uses. >> this is singapore's biggest buddhist temple. over 70% of the state's multi ethnic population are descendents who moved in the early 19th and 20th centuries. they brought the customs of burials with them. >> when singapore became independent, the city was home to over 200 secemeteries, today only 60. a number of dug up graves can be seen around the graveyard. in 1998, the government imposed a time limit on buria

expensive, luxurious. best of all, i'm the only guest. oh, did i mention it comes with a castle?g like that? who? why? then this man arrives and kind of answered that question. all of this belongs to michael lee chen, local boy turned billionaire, one of the richest men in the world and my host. he's invited me for dinner. >> let's have some rum. >> sounds like a plan. the drink is in order. >> cheers, mate. ♪ >> a lot of crab holes. this time of year, port antonio is literally crawling with crabs, i'm told. lit be really easy. just scoop up the little bastards, then it's back to the pool. >> hot. >> it's sweltering, freaking hot and dark. >> find something? >> yeah, yeah. >> awesome. >> but it doesn't seem to bother the hotel chefs who willingly risk dismemberment for the sake of procuring dinner. >> where are your friends? >> one crab down, 49 left to go. i'm frankly anxious to get this over with, so when the opportunity arises to stick my paw down in a hole where there's a pissed off crab, i could care less. are those fire ants? wonderful. please attack my nut sack. anything t

. >> a developer licensed the trump name and built a high-rise luxury condominium development called trump plaza residents, right on the water. incredible views of lower manhattan. two years ago, jerod kushner, who is married to ewald contract, and announced that they would be building a sister project, a nearly identical tower that will be luxury rentals. it would be called trump the street. for the last 20 years, donald trump has built very few buildings. he has built some, but his business is really licensing his name to other business developers. this is some version of that. we don't know the financial arrangement between him and his son-in-law, but he is using the trump name on the building that he is building. a corner of the financing is coming from the eb5 program. in other words, the team won out and found 100 people, i believe entirely from china, who each put in half $1 million, provided the loans to build the building. mark: a quarter of the financing of the building. given the politics of it, why take the money from china, is this the only place where this project can f

. >>> and later flying in luxury. the coup who booked free rides on a high class private jet. how do they do it? and how can do, too. it's thursday, march 10th. >> announcer: from abc news, this is "world news now." >> good morning. i'm kendis gibson. it is thursday. >> i'm reena ninan. a little under the weather, huh. >> a little under the weather. we're almost in the homestretch, almost at friday and almost be able to recover from this cold. let's get started with the democrats. another big night facing off for the second time this week hoping to gain momentum ahead of next week's key races. >> hillary clinton can, bernie sanders clashed again last night and face aid string of tough questions. but they stood ianed in their opposition to donald trump. highlights now from abc's bazi kanani. >> just days after their last debate and less than 24 hours after that stunning upset in michigan. >> which some people considered one of the major political upsets in modern american history. >> it was a very close race. i've won some, i've lost some. >> reporter: hillary clinton and berni

it is fantastic. >> and it is just one in the collection of five luxury hotels. all one common denominator. splendor. perfectly blends history and the full service spa serving you around the clock. and don't forget to take advantage of your own private steam and treatment rooms. cromato upstyle hotel isld and new school. 22 rooms and suites with a sea view right at the caldera edge. and the newly restored villa with only seven villas, the villa is the most private destination. sunbathe poolside at the soaking up the stunning views. and finally the sun rocks boutique. a couples only hotel perfect for weddings andfive more great reasons to visit santirini. the best part of coming to tahiti was our vacation started on the aradise. >> welcome aboard. >> thank you. air tahiti carrying me off to the white sands and clear blue sea. the best thing about flyings the vacation starts the minute you get on board. thank you. before escaping to the real life utopia, extolling the virtues of this one of a kind airline. >> our wonderful polynesian spirits will put them them in t

a man is stabbed to death outside a luxury apartment building.rutal crime. >>> police now investigating a a shoot-out that left a police captain injured. we will have more on the officer's condition, and the moments, that led up to the gunfire that has also left a man dead, and another injured. >>> and a cloudy start, when we wait for some showers and keep that umbrella a haines. how long this rainy stretch of weather will last coming up. >>> it is sunday march 13th, good morning i'm rahel solomon. meteorologist justin drabick is outside on the sky deck. the justin, still dry, sunny but some rain is coming. >> we do have some rain coming, a slow moving system so this rain will linger in the workweek. this is is a dreary forecast but we a

>> we're positioned between the mainstream and the luxury brands and we wept attainable luxury and it'sa very successful formula. matt: it's one that not a lot of car makers are aiming for. who do you see as your competitors in this space? because you're still fitting yourselves below cadillac but above a g.m.c. david: -- duncan: absolutely. people are buying top levels of the mainstream car or an alternative to that tier one luxury vehicle but we offer more equipment for a lower price, representing a better value for money. matt: we had a great story on the bloomberg terminal yesterday pointing out that buick's growth is a lot stronger than what people realized. 43% globally and you sell over a million cars a year in china. the last emperor of china was a buick man. what kind of success have you got there and what kind of growth can you look for since you're so entrenched already? duncan: we're a top three brand in the market in china, over a million unit last year. that helps us get a global sells record last year. the growth rate in china is moderating somewhat for the whole industry

but alison morris pulled a newest piece for a ride it's the lap of luxury. >> welcome to the lap of luxury i'm alison morris we visit italian automake hadder ferrari year. it has been in existence for 17 years in the pages of the spring. we bring in 200 judges. these are as close to normal people as you can get who come in. they spend the day driving 13 at the high performance cars that model year. this was the one that was the run away winner. >> a ferrari very easy. racing -- racing, racing. >> ferrari used to be a racer in 1947 he created it what we know now as a ferrari. but the ferrari of 1947 is not the same one of now. he was really purely racing him. but racing dreams had a cost and so ferrari dropped road cars to finance those dreams. >> he decided to produce same circuit and give to people that will be driving this car on the road. first road car to bare the ferrari logo. 125s. >> something is that you can it shall >> the ferrari logo is also something you can't miss. and it has a rich history. the flag of italy. the yellow shield. >> is the color of modern of the flag. it is of

luxury cars just seem like they would be top awarded. there better be some awardse paying for, right. the final answer. chevy. the most awarded car company two years in a row. wow, it's like a luxury car. i was shocked. it's like, this is chevy? current qualified gm lessees can get a sign and drive lease on this chevy cruze limited for around $179 per month. your local chevy dealer. shop kohl's... s and saturday early birds... for the new sonoma goods for life collection... apparel for him and for her...e kids. save on sonoma for your home too. plus get kohl's cash. applause) >> stephen: welcome back, everyone. let's hear it for jon. batiste and stay human. (cheers and applause)onight. >> jon: thank you, stephen. too.tephen: doesn't he look fantastic? (cheers and applause) i wish i could have the same daring fashion sense you do. what if i told you i could teach you to have my kind of style in just eight easy steps? >> stephen: i'd say, i hope it comes with a video.n luck, because it does! jim? >> hey, everybody. i'm jon batiste. welcome

many renters face a real fight. >> reporter: high rise condos at a luxury downtown address. borrow at least five renters, their experience at the view was ugly and costly and they blame the same landlord. >> it's completely absurd if you think you can keep our money and we're just gonna forget about it. >> reporter: sandra santiago lost nearly $2,000. vanessa who i reached at her new home in pennsylvania burned for $2,000. >> i really just want justice to be done. >> reporter: both blamed this guy. landlord v. j. comar. before moving in, sandra took pictures and listed rug stains and scratched floors. moving out, he kept the nearly $2,000 deposit, blaming her for that preexisting damage. >> it's completely false. we did no damages. we actually fixed stuff in the unit. >> reporter: vanessa claims he kept her $2,000 for damages she documented before moving in. >> it infuriates me every time. >> reporter: she sued comar in small claims court but that failed. >> i do have the proof. i have been unable to get a hold of him. >> reporter: florida's law requires the landlord to prov

how does it feel to wear these super luxury high end designers when you're only 6?it's really fun. i like wearing cool clothes. because kids in my school say i love your outfit. >> reporr: many tiny trendsetters pages filled with children wearing an the latest fashions like 4-year-old ryan secret with his signature faux hawk smiling for 119,000 followers and 6-year-old gavin giving his best blue steel look to his over 200,000 followers. behind the kids are the parents, fueling heroine sta gram stardom. haley's mom says her first post was when haley was just three. >> first first picture was like it literally broke the internet. >> and that instagram fame catapulted haley onto the runway and for some kids, that can mean big money. >> for some parents it's just posting cute photos of their child but for others there's another goal. it's getting exposure. it's setting their kids up for modeling or angting careers. >> what do you say to critics that say you're just capitalizing on your daughter's good looks. >> for us this is a hobby. she just happens to get paid it. i

luxury cars just seem like they would be top awarded. there better be some awards behind what you are paying for, right. the final answer. chevy. the most awarded car company two years in a row. wow, it's like a luxury car. i was shocked. i mean it's like, this is chevy? current qualified gm lessees can get a sign and drive lease on this chevy cruze limited for around $179 per month. find new roads at your local chevy dealer. >>> officials at denver international airport say the airport will be operational following a powerful spring blizzard. the storm shut down miles of highway in wyoming and nebraska. that's a big deal because out there they are used to that. >> reporter: ski resorts were making that point yesterday. as we look outside, nice morning, camera wiggling a little bit down the shore. breezes not that strong just yet, but they will be getting breezy later on. temperatures, 51 degrees in philadelphia. the dewpoint, 38. winds calm in the city and 46 in the ocean water off atlantic city. as we look at temperatures across the re

luxury cars just seem like they would be top awarded. there better be some awards behind what you are paying for, right. the final answer. chevy. the most awarded car company two years in a row. wow, it's like a luxury car. i was shocked. i mean it's like, this is chevy? current qualified gm lessees can get a sign and drive lease on this chevy cruze limited for around $179 per month. find new roads at your local chevy dealer. thief. him he got caught taking a 52-inch television out of walmart. he pleaded no contest. authorities hope lots of people see the sign and realize there's an embarrassing price for breaking the law. relating to an incident with her father in december. her lawyer said the state of utah has no evidence to back up the charges. she called 911 for help when her elderly father became unruly. >>> an independent baseball team in illinois invited adam laroche and his son to join the team. the white sox requested that he cutback on the amount of time his son spent in the clubhouse. he was asked to join the team as an assist

vonnie: thank you, sam. ♪ ♪ we are talking luxury cars.y carmaker's showing off its first suv at the auto show this week. bloomberg pursuits matt miller spoke to a carmaker ceo. have a listen. global luxury car market, these types of cars, suvs account for over 50% of sales. over 50% of slightly more than one million of this type of car. market predominately the united states, canada, asia pacific, in particular china is affected. the other regions are significantly growing. the segment has grown by over 40%. the last five years is forecast to grow. is a beautiful car engineered brilliantly. it sounds amazing. when you are selling a product like this, do you have a dealership network? >> we are in good shape. when we started our offensive in , maserati waslan globally around 300. we have close to 110 dealers. we will increase this by another 20 approximately by the end of the year. saw 12 and a half thousand cars. they will only be available in the last quarter. year, we grow but next should go into the market with .ull availability all ye

it's tonight's "lap of luxury." >> reporter: welcome to the lap of luxury. this week we visit ferrari whose >> car of the year has been in existence for 17 years in the pages of the magazine. it's our big issue in the spring. we bring in now 200 judges. these are as close to normal people as you can get who come in. they spend the day driving 13 of the high performance cars that are coming out and following model year. this was the runaway winner. >> the origin of ferrari is very easy. racing, racing. this used to be a racer. he created what we know as a ferrari. the ferrari of 1947 is not the same one as now. it was really purely a racing team. >> reporter: racing dreams had a cost. ferrari developed road cars to finance the dreams. >> he decided to purchase exactly the same cars that were racing on the circuit and give those cars on the roads. >> reporter: the first road car to bear the logo, the 125 s. >> it was something that really you could -- you couldn't miss. >> reporter: the logo is also something you can't miss and has a rich history. the flag of

new luxury?he sales of high-end vintage clothing and luxuries are soaring.ving this phenomenon? ♪ mark: this is bloomberg markets. i am mark barton in london. hyde in newroline york. i love talking about all things vintage. market, secondhand high-end is soaring off the shelves. what is driving this phenomenon? mark barton's desire for all things old and y.ntage- they are wholesaling to stores. there is a shortage rather than the u.k.. you cannot move for a vintage store. how do you ensure you are buying luxury? that you have the best quality? >> we are very careful to pick trend relevant products. vintage is a big pool ultimately. we want to curate which we think high-fashion customers are looking at from a vintage perspective. we have traveled for the last funny three years throughout the world to find dealers, collectors, options, and look at and theelements longevity, the timelessness, of what we are buying. caroline: where's the demand coming from? are you seeing international growth? from asia? they previously fueled the drum up in luxury demand. is it

luxury cars just seem like they would be top awarded. there better be some awards behind what you are paying for, right. the final answer. chevy. the most awarded car company two years in a row. wow, it's like a luxury car. i was shocked. i mean it's like, this is chevy? current qualified gm lessees can get a sign and drive lease on this chevy cruze limited for around $179 per month. find new roads at your local chevy dealer. a look here, the view out over philadelphia international airport, clear and nice out there right now. 5:13, 50 degrees,. >>> would you agree, karen? , clear, nice? >> reporter: temperature-wise i agree. as we look outside right now we can see the fog that's a big deal as you're traveling out right now. this is 309 north of montgomeryville. you have to be careful as you're traveling around in this right now. it's misty and low clouds reduce going visibility in some -- reducing visibility in some spots. this is 42 at creek road. traffic is moving okay. we've got construction crews out there, whenever we have reduced