we have two motors simple technology. the passenger compartment just needs hosing down. everything is made of metal there's no plastic. the first prototype for the european market is already running around the company grounds if it breaks down you don't need to screwdriver and span and to repair it. my kind of car washable with those chinese telecom giant chua way is battling for its business in europe with the u.s. pushing allies there to avoid the firm saying it's a trojan horse for beijing while he's now open to cybersecurity lab in brussels in a bid to show more transparency and build europe's fifth generation mobile networks . the security labs launched comes amid lobbying efforts by washington to shun wall way over concerns its equipment could help china carry out digital espionage while way executives hope the new center will reassure e.u. policymakers about the company's cyber security efforts we believe that both trust and distrust should be based on facts. not faded thanks not speculation not that it's through. and we believe that fact must be verifiable. and v

what will general motors do for all of those workers? all that, much more on "making money." ♪ charles: president trump tweeting up storm this weekend ahead of his visit to ohio later this week. said yesterday, spoke with mary barra, ceo of general motors about the lordstown, ohio plant. i'm not happy it is close when everything else in our country is booming. i asked her to sell it. she blamed the uaw union. i don't care. i just want it open. he blast ad plan for the general motors and uaw to wait until september saying talks should immediately. edward lawrence at the white house. reporter: charles, president very upset focusing on jobs, trying to pressure general motors selling the plant or reopening or retasking that plant for another car, specifically the one in lordstown, ohio, he would like to see all the plants gm will close to be reborn. this morning president tweeting about his concern, the meeting happening between the union leaders and gm and the president saying that meeting is happening in the fall but it should be happening

you know the geneva motor show and this is what i like most about it has it has the most market place feel still out of any of all the other car shows less it's less like an industry gathering you do have buyers still coming here and looking at the cars spending up to sixty seven digits on the on cars especially from the italian designer houses now a key trend here seems to be combining electrification with luxury so we're going to see a lot of luxury s.u.v.s a lot of luxury sports cars but for those with more common faces let's say there are more future concepts here like autonomous right sherry at least one of production already flying cars so if you're looking for the future of transport the geneva motor show is still a good place to be all right just yes or no janelle are you headed also to read only some. indeed of course it would be good to see how the mood very is especially since it seems car this goat is remaining in jail i would predict it's business as usual but of course we'll have to see ok we'll catch up with you on that when they're reporting from the geneva motor show

just in time for one of europe's biggest auto exhibitions we'll bring you the latest from the geneva motor show. i'm stephen beard thanks for joining us. washington will end its preferred trade status for india and turkey expanding president donald trump's effort to overhaul what he considers bad global trade deals the decision to target india's a surprising one committal wisdom holds that the u.s. needs good relations with the south asian nation as a balance to china but some exporters there are now there now stand to pay more for the change going into effect in sixty days it's a move that has observers scratching their heads. one hundred and ninety million dollars in import fees saved on five point six billion dollars in goods the trade concession known as the generalized system of preferences or d.s.p. was meant to help developing countries like india compete in a crowded u.s. market now it's drawn into present trump's anger over u.s. trade deals. i think if it is imposed which i am hopeful it will not be then we will become to that extent uncompetitive indian products will become uncom

listen. >> what's going on with general motors. get that plant open or sell it to somebody and they'll open it. everybody wants it. sell it to somebody or open it yourself, get it going now. >> reporter: in addition, the president had somewhat unkind words for john mccain as well as the leadership of the uaw. this is the uaw plant as well as that plant in lordstown. the president said when it comes to the leadership of uaw, he has no use for them. he want to talk to the rank and file. >> i want to deal with the people in the union, not the heads of the union. [ cheering and applause ] >> because the heads of the union are not honest people and they ought to lower your dues by the way, they ought to stop with the dues, you're paying too much dues. they could have kept general motors n n., they could have ket and the gorgeous plant in lordstown. lower your dues. >> reporter: you can't always get what you want, from the rolling stones, president trump gave the folks here at the tank plant quite a bit of what they want. jeff flock in l

he is someone we used interview live from the geneva motor show in years gone by. meeting of parliament, premier li keqiang said the government has set its 2019 economic growth target at 6.0% to 6.5%, lower than last year's goal of around 6.5%. it's also set its 2019 target for consumer price inflation at around 3% and its budget deficit goal at 2.8% of gross domestic product, li said. 0ur china correspondent, stephen mcdonell, joins me now from beijing. lots of numbers, lots of statistics that financial markets love, they wa nt to that financial markets love, they want to know where the chinese economy is heading. but many economists question the numbers coming out of china, it don't they? yes, absolutely, i mean people really do not know whether we can trust the veracity of these statistics, but a lot of analysts will point i guess the trend. they would said he did not trust the mall, you probably would not have trusted them last you the year before, and maybe it is the same sort of differential and so given that, when we hear premier le keqiang speaking of a tou

and the latest from the geneva international motor show. the geneva international motor show is being held for the eighty ninth time dish here. mineral british car maker bentley has been in business a bit longer for the company's one hundredth birthday and they're showing a very special model. radishes are very important here for a six hour seventeen ring. and that we're very proud of the fact that we have two very very special moldings to commemorate the seventeen are in. the right area which is something that we have to it which we're calling the number one number and on course the number of years stone it's a timber kings carl very fine. as posting history. the development of the suit the charge for the whole fleet so that one of them all and we thought to commemorate that we would develop this particular call only one hundred of them will be built worldwide sorry very very exclusive. it shares the same drive train is this continental g.t. convertible which has a w twelve twin turbo that pumps out four hundred sixty seven kilowatts and n

motor magazine this week a super sporty s.u.v. skoda introduces the kodiak r s tearing up the track in the key of proceed g.t. . and the latest from the geneva international motor show.

take a listen. >> and what is going on with general motors? get the plant open or sell it to somebody they will open it. everybody wants it. sell it to somebody. open it yourselves. get it going now and the uaw will help you. [applause] reporter: uaw will help, not sure if he got that from leadership or rank-and-file here. also before he left to come here i would report to you, that he told our blake burman in washington that when it comes to china trade, it may be that he keeps sanctions in place, sanctions, i mean tariffs in place, really loud in here, tariffs in place until of at agreement has been implemented, so he is sure that the chinese will live up to the terms of the agreement. again here is how the president put it. >> we're not talking about removing them. we're talking about leaving them and, for substantial period of time, because we have to make sure that if we do the deal with china, that china lives by the deal. reporter: i leave you perhaps folks with a picture of the president walking off toward a m-1 a-1 tank. waving to the

that story a bit later in the show because we start in europe where first big motor show of the year gets on the way tomorrow gallery in geneva switzerland today as an industry be set by problems legacy comical struggle to make progress on electric cars and self driving cars chased by newcomers like tesla or google while echoes of the diesel gates scandal still reverberate. from straight policies china slowdown and brags it to the makes so really what i call a party atmosphere our reporters encountered there in geneva. the geneva motor show is an opportunity for car makers to toot their horn industry mammoth's white folks wagon have been known to rise to the occasion last year v.w. c.e.o. have at least used his appearance to herald in a new era of electric mobility but this time the political landscape in particular the continuing uncertainty over britain's departure from the e.u. is putting a damper on proceedings we were told that it would only be hit for several months and off towards we would find agreements and recover. but it's very hard to predict it so i would say. a brics it

president trump is stepping up his pressure on general motors to open a plant in ohio. the president posting angry tweets over the weekend, criticizing the automaker and the united auto workers union for not reopening the lordstown ohio plant. he suggests gm should sell the plant to a new owner. last night he tweeted he wasn't happy after he spoke with gm's ceo, saying he asked her to do something quickly but that barra blamed the. cheryl: here is the response -- blamed the union. cheryl: to be clear, gm says the ultimate future of the unallocated plants will be resolved between gm and the uaw. the last chevy cruz rolled off the line on march 6th. trump also took aim at david green over the weekend. he is the local uaw president. he labeled him a democrat, then green responded to president trump by saying the union is doing everything we can to convince ceo mary barra to reinvest in gm lordstown. the president pointed out that toyota plans to increase their investment in u.s. operations through 2021 to nearly $13 billion, that again is from david green. lauren: it is po

we have two motors simple technology take a passenger compartment just needs hosing down. everything is made of metal there's no plastic. plastic the first prototype for the european market is already running around the company grounds if it breaks down it only needs a screwdriver and spanner to repair it. that's the spirit so and sluggish those words are being used to describe south africa's economic performance in the first quarter of this year the country is set for another year of nias growth of just zero point eight percent this year running africa's second largest economy has posted growth below two percent south african president is tempting to implement a number of forms that could turn the nation's economic tide but there's a satisfaction among party members and labor unions have made that difficult. figures like that will likely have an influence on the com first credit rating meaning the law. of the country being able to pay back its debts these ratings are determined by rating agencies they give marks for economic performance to countries so investors can gauge

matt: thank you for joining us, carlos tavares here at the geneva motor show.oomberg. ♪ anna: welcome to bloomberg markets: the european open. the cash trade is less than 30 minutes away. ♪ times, china cuts its growth forecast and announces 2 trillion yuan of tax premier warns of a tough economic battle ahead. theresa may put -- puts -- tries to sway the eu to make

in our case, because the motors are smaller it is easier to make them electric motor driven.take the power and put it into a combined cycle plant which are much easier to build in the u.s.. so it is less expensive but also more efficient. >> a pass in louisiana is sold out. we have sold 8 million tons. that is sufficient for us to build a facility. we started early works -- the early non-flight related activity. we are just a few months away from completing the project financing. we should be deep into construction by the middle of the year. our first shipment is went for 2022. for our mississippi river project which is twice as big, we are on schedule their to start construction in the fall. >> for more on lng, i am joined by an engineering analyst. for perspective, how big of a year could this be for lng exports? >> it is going to be a big year. we will probably grow by five. it is going to be double or more what we grew last year. these are big numbers for sure. >> the question for me becomes -- we might get approval for the terminals. is the export terminal availability t

we want to switch gears to general motors. president trump taking direct aim at the company over a plant closing. here's just one of the tweets. general motors and the uaw are going to start talks in september, october. why wait? start them now. i want jobs to stay in the usa and i want lordstown, ohio, and one of the best economies in our history, opened or sold to a company who can open it fast. car companies are coming back to the united states and so is everyone else. we now have the best economy in the world, the envy of all. get that, big beautiful plant in ohio open now. close a plant in china or mexico, where you invest so heavily pre-trump but not in the usa. bring jobs home. we will bring in foxnews.com's automotive editor. gary, in one of his tweets, president trump says mary barra is blaming general motors. i have been in touch with one of their senior folks. he's saying it's not necessarily that but obviously it's a very complicated situation. >> they are in discussions with the union, they are going to be, there

ford motor is going to be adding jobs to its plant in kentucky.be boosting production of the ford expedition and the lincoln navigator this summer. that's going to create 550 jobs at the kentucky truck plant. this move from ford, again, this is just being released, is coming as president trump continues to keep up pressure on gm to reopen a key plant in ohio. the president renewed criticism of gm over the weekend and it kept on going yesterday. he said the a automaker is moving too slowly. gm says it's not going to be pressured to open the plant. could politics play in any business decision. let's bring in jeff bellstein. we're getting the news ford frod about the expedition, we're getting news that cadillac is going to be coming out with a new ct-5 sedan but the chevy cruz in lordstown, ohio, they can't seem to sell the car. is that just a car problem and not a general motors versus president trump problem? >> that's exactly right. we're looking at a situation where in this country people just are not buying sedans the way they did a generation a

welcome to drive it the d w motor magazine coming out the very first lexus s.u.v. we take the view x. for a spin for a sporty high tech come back to the subaru impreza. and the latest audi r eight. no audi model is more dynamic and powerful than the r eight now after four years the second generation r eight has been given a facelift we'll be taking this beautiful beast for a spin on the scullery racetrack some ninety kilometers from. i do the audi our car to start close says this already has not only been given an optical make over its engines been upgraded and the suspension and steering improved truth that gives it an edge over the previous model. at one point seven tons this piece certainly is no lightweight even sold he already is easy to handle most of the time but before we get into any details let's give the design a closer look. clothes says this version has a very different look from its predecessor with rounded off contours there's a new front section with the aerodynamic elements and the single frame grille has been made flatter and wider closed says tha

in oc sweep, general motors, trading america's workers.eather: get these people's jobs. 20 minutes until the top of the are, millennial meltdown, young adults say more stressful than ever before. >> i can't wait until the internship is over. >> i need it to be summer now. this has literally been the worst winter ever. heather: what is the problem? slow wi-fi, being stuck in traffic, the list of stressors sending them over the edge, they can't take it anymore. you. all of you. how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything, and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. heather: pro-life supporters slamming 2020 hopeful beto o'rourke over his latest comments on late-term abortion. >> >> are you for against trimester abortion? >> the question is about abortion and reproductive rights. that is a decision the woman makes. heather: serious xm 1

, youras family retired from general motors, and you're the last one there. then all of a sudden it's all gone. >> rorter: gm closing this factory as it focuses more on trucks and suv sales of the cruze sedan falling by almost half over the past five years. mccabe took these pictures of thele last oning the assembly line. now he and thousands of other or jobs are searching at other gm factories. >> when general motors a mary barra tells us there's all these opportunities for us to transfer, it comes aoss aso cold and calculated because i know they have kids, i know they have families. how would they react in the same situation as us?te >> rep lordstown is under reallocation and could reopen after september when gm and the unioer contract negotiations. but president trump, who visited ohio today, wantsnswers w. tweeting over the weekend, i want jobs to stay in the us want lordstown and one of the sst economies in our history opened ord to a company who will open it up fast. >> i'mlad he is supporting us and wants to help us. i just wishld he w come here and ki

hello and welcome to drive with an e w motor magazine this week magnetic test drive technology of the future. twenty five years for the toyota rav four. and the new v.w. t. crush. there are already four members in the volkswagen s.u.v. family and so far the german auto maker has not been represented in the rapidly growing compact s.u.v. market that's said to change with the new t. cross mom with the car test and strike munchies s.u.v.s are selling like hotcakes regardless of what some people make of that so most wagon is now expanded is range downwards starting at the top there is deterring and we have a to go on all space for a family with up to seven seats the normal take one about it then we have the to rock and right at the bottom we now have the t. crush there are those who say it's just a lifted polo successor to the polo cross in fact it's a completely different vehicle let's take a look. although the polo does form the basis of the compact is u.v. from the outside the t. cross has a design always on. from the front it's membership in the v.w. s.u.v. family becomes clear the do

tweet about general motors over the weekend. very critical. he said he spoke to mary barra he wants them to re-open a particular plant in ohio and says he wants general motors and the uaw, united autoworkers to begin talks now and don't want them to wait till the fall gm putting out a statement of their own saying any resolution of the situation is going to be done between gm and uaw in due course and we see this tweet about google, the president tweeting out, google is helping china and their military but not the u.s. terrible google putting out for its part a reaction to that suggesting that they are not, in fact, working with the chinese military and when you talk to aides at the white house about these tweets today, you don't get a lot of sort of backing up of the president's statements, i asked aides for whatever evidence the president has that google is working with the chinese military and they simply said they couldn't provide it. i spoke to sarah sanders about that within the hour and she said she didn't have it and aid

and the latest from the geneva international motor show.

and the latest from the geneva international motor show.

the impact of us tariffs on germany's key motor industry would be devastating, with vehicle exports toplunging by an estimated 50 percent. the eu has promised a quick and effective response, if washington now goes ahead with them. dr sam fowles, fellow, foreign policy centrejoins me now. just how will these talks go today in washington? well, they start off fairly far in washington? well, they start off fairlyfarapart in washington? well, they start off fairly far apart despite the good words. the eu has the beginnings of a mandate to talk about industrial exports. the us has said, we are absolutely not talking about anything unless it includes agricultural exports and the eu has said, we are definitely not talking about agriculture. there is a long way to come together, before. when it comes to the industrial exports from europe into the united states, that's what's so important. some the biggest economies in europe, notably germany. car exports account for potentially io% germany. car exports account for potentially 10% of the german economy. this is why you are seeing a disagreement

. >> a esta mujer no le arreglaron el auto por problemas que tienen su motor. >> le dijeron que teníaaba dañado, debían cambiarlo completamente. >> aparentemente, notaron que el aceite se perdquemaba. >> dañaba el motor y debían cambiarlo. >> lo llevó varias veces al taller para que lo arreglaran. >> desde septiembre de 2018 entraba y salía, hasta diciembre cuatro. >> en esa fecha le aseguraron que en un par de semanas le llegarían, pero pasaron tres meses y no estaba listo. >> a los tres meses dije nomás, debo ser al más, debo ser algo. >> llamo a telemundo48, llamamos a kia y dijeron que no tenía las partes disponibles. le prop proporcionaron un auto prestado sin costo alguno, muy pronto recibió la noticia que esperaba. >> estaba muy sorprendida, fue algo muy rápido, y en menos de una semana ya me llamaban, estaba listo mi carro, estoy muy contenta. >> vamos a pasar a otras cosas. >> nuestra colega entrevistó a activistas y miembros de la comunidad que tiene la respuesta a si se encuentra con agentes de ice. >> le preguntamos a personas de la comunidad si sabia lo que deben hacer si

we talked about the feud between general motors and the uaw and the president. we heard from mick mulvaney, his acting chief of staff, over the weekend about the possibility of overriding the veto. >> the president does not appear -- kevin: the president does not by thethreatened at all decision to override the veto. the democrats advanced a piece of legislation that would call back the declaration of a national emergency across the u.s./muska border, propping the president -- u.s./mexico border, prompting the president to use his first veto. once lawmakers return from recess in the house, senate majority leader mitch mcconnell oo --not seem perplexedt seem too perplexed to override a veto by any count. every 2020 republican in the senate up for reelection voted in line with the white house and not those 12 republicans who bucked the white house and went against him. david: that is a really great point. i hadn't noticed it. what about the other legislation having to do with yemen? there seems to be a bipartisan groundswell to curtail the president's activities i

this week's geneva motor show has shown hundreds of electric cars all vying for attention.rom the crowd? theo leggett takes us to the show floor. let us start with this one. as you can see, its defining feature is it is pretty small. it does not use up much road space. it is good for use in cities. clever. well, maybe not this one. it is a 1—off from ducati —— bugatti. it is a cool and $19 million. well, how about this, it may look like an old—style land rover defender, because that is what it is under the skin, but this one has been re—engineered by a uk firm to make it that bit better. you come around here and this one has got a bar in the back will stop gin and tonic in your boot. i call that quirky. well, how about this little number? it comes from estonia. it looks old, it is actually brand—new. it is an electric freewheel. it is a concept of ecological motoring. —— three wheeler. do you know what, we might have a winner. this is an ultramodern electric supercar. it has 1930s styling, that is quirky. and it does cost about 1.5 million euros. if you will excuse me i wil

>> general motors unallocated the plant.ells us it's closed and they're not telling us it's ieds idle. it's a strange place to be. a lot of trying to decide whether they should transfer out or wait this out and wait for some more future product to be allocated here. >> should the president be holding you personally responsible as he is doing? >> i don't think he knows me very well. i've been working really hard. i was in plant today working in the plant packing up some parts for cars. i continue to work every day tirelessly to get some product here. we have a driver it home ohio camp that the whole community has gotten behind to convince general motors we're part of their family and want to remain part of family and keep working here for another 53 years. >> what does he not understand this he needs to understand? >> i think just looking at numbers and recognizing that people here in the community are struggling. you can talk about a low unemployment rate but until you come here to the valley and see the people. we're that p

those workers, that community has worked hard to be productive for general motors and now general motors is turning on them. our goal is very simple, which is we need a plant there that is making automobiles and general motors ought to put a new product there. if the chevy cruze isn't selling, they ought to give us a new product. i hope this will still happen. they say they're going to make 20 new electric car models in the next five years and the rumor is those may be in china. let's make sure one of them at least is in lordstown. this would be the first time in almost 100 years that general motors was not assembling vehicles in ohio. think about that. they have other plants in ohio. they make transmissions in ohio, but this would be the differefie we don't have an assembly plant in the second biggest auto state in the country. i think it's about 10% of the payroll in the youngstown area. this is a big deal. >> when the president down plays the impact and he says the jobs are going to be replaced in ohio in something like two minutes, i venture to guess you don't see it that way? >> wel

-- a key battleground portion of the state, general motors continuing with plans to shut down a plant. i spoke with a local union leader there of the united auto workers association. they have been encouraging president trump to swing through lordstown, to talk to the folks who have been laid off by general motors and impacted by plant.osing down of the the president taking to twitter earlier this week, criticizing general motors and the union leader. meet the other 27 leaders and tries to get them to agree to her request to extend brexit to june 30. david: the extension depends in part on what happens during those 90 days, what will change. they say they will not change their position, but she cannot take the old deal back. who is going to give? reporter: french president emmanuel macron has said he doesn't feel like he can back the extension without guarantees. could it be a second referendum, something may has repeatedly ruled out? a neutral issued most eu leaders feel they haven't had any clarity from the u.k. for the last few years. david: now we will go to brussels on google's b

motor magazine coming up the bentley three and a half liter park ward aero saloon from the one nine hundred thirty five an audi for the long haul the new eighty seven. and the latest generation toyota rav four. the car you want to root for is one of the best selling cars on earth over four generations it has sold more than eight and a half million units a new fifth generation is said to continue this winning streak. it's a recent contest on the left stick ponders the continuing popularity of the s.u.v. and wonders chose who started the trend you know is the answer it was toyota in one nine hundred ninety four with the rav four. toyota was the first car maker to roll out a midsize and she'll be around for his fifth generation came out in twenty eight team and romney's going to see what changes have been made and how it handles. this is the first generation of the around four to be based on the modular uni body t n g a platform. that's short for toyota new global architecture that gives the car a lower center of gravity more torsional rigidity and weight savings. the foot to get out so person

now teaching aeration stand side by side at the geneva motor show.these tunnels swe says closest competitor in the luxury segment was the look on the british manufacturer was taken over the aston martin in the one nine hundred forty seven now aston martin has unveiled a new electric s.u.v. look on. the world of luxury i wrote to just sort of well this is a company in a problem with all that's old of a rolls royce so or what ever a teacher the cost is you know is it already in the spirit of the car. environmentally friendly electric technology in modernized classic cars. italian design expert pollard to me nearly sees this primarily as a clever marketing idea. months if not true they try to revive certain unique features from their history of others don't cop to draw upon what they can tie into them for a whole new story opens are treated yes and you can sell cars with stories just as easily as with good automotive design with most of the reviews of. the new trend is also attracting collectors such as. who have come to geneva to check out the car indu

it is designed as a concept of ecological motoring. do you know what?here. this is an ultramodern electric supercar. but it has 1930s styling. that is quirky, and it does cost about 1.5 million euros. so, if you will excuse me, i will give my bank manager a call. we will see you later. hello, yes, i need 1.5 million euros. for a car. that's fine, go for it. let's have a look at the market, and there are real concerns about global growth, global slowdown, really affecting the markets, as you can see at the moment. the asia session very much following their lead from wall street. we heard yesterday from the european central bank that it has slashed its growth forecasts and increased its forecast for inflation across the eurozone. lots of problems there, we will be talking about this a little bit later as well, coming up in the papers, so i will see you very soon. the operators of one of the uk's oldest nuclear power stations say they still hope to restart it, despite finding hundreds of cracks in the bricks which make up its core. it is a year since a rea