mike jackson, autonation ceo. this is bloomberg. ♪ alix: breaking news. johnson will be resuming shipment of covid vaccines to the eu, norway, as well as iceland. after the review they confirm the benefit/risk profile is positive. ending the show on that news. coming up, kay bailey hutchinson, former u.s. ambassador to nato will join "balance of power." this is bloomberg. ♪ [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. ev

autonation ceo mike jackson.ted airlines reporting the fifth consecutive quarterly loss y up tick in demand. more of an exclusive it's financial literacy month. the importance of financial excavation entrepreneur natalie mol molina nino. >>> when this country set its sites on traveling to the moon, the education system was shifted to focus on science and technology this country today is facing a wealth and an income gap unlike anything that we have seen in almost a century it's time that we shift the educational system to include the financial education that will get us to that moon shot. the first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. join the fight with the alzheimer's association. dave doesn't need a posh virtual receptionist, because he cloned himself. while his clone watches the phones, dave can work on his code. and lead his team. dave trusts his clone like he trusts himself. so, in summary, we're going t

confrontation and they put the judicial system under the mental strain as autons daughter of course reports. it's almost like something out of a bad hollywood movie remember derek show the ex cop whose actions led to the death of george floyd well someone threw a severed pig's head at his defense witnesses former hall and the police think someone was trying to send a message it is the suspects in this found listen with targets in mr broad's his testimony because mr broad no longer lives in the city of santa rosa it appears the victim was falsely telling it is retired cop perry brought apparently made a big mistake when he testified that george floyd's death was an accident in normal times maybe that wouldn't be such a big deal but children's trial is going on at the very same time we're seeing nonstop protests and clashes with police in minnesota over the more recent police shooting of 20 year olds do want a right. with us falling deeper and deeper into a freefall of partisan division there's always a politician that's looking to turn chaos into an up. we're too nitty believe it or not does

transmission for autonation as well as ups. emily: you talked about a lot of things.thing from robo taxis to driverless vans to driverless trucking. i wonder, why focus on all of those things at once and now? why is that the best approach in your view? >> we have spent years advancing the core capabilities of our technology and the core capabilities of the driver. we have reset levels of maturity on that product. we have deployed it in that fully autonomous ride-hailing business in phoenix. looking at other products and applications of our driver, other commercial lines, while there is some specialization when you go from ride-hailing to trucking to local delivery, the core fundamentals of what it means to be a good driver carryover well from one product to another. the software and all of the ai and machine learning for understanding the world around you, for protecting the behavior of others, for making safe and natural driving decisions as well as all the machinery under the hood, the infrastructure, the data plans, all of that carries over well and that will allow

about keeping up with the current virus restrictions monitored by local authorities known as the autons i get to enforce all the rules as well which was tricky because every week the rules changed a few times the order came in and they weren't even sure of the rule or time one of one of them was googling right in front of me when i was supposed to be doing and feel that confusion apparent in a rare public apology from the german chancellor just a day after announcing a strict lockdown during the easter holiday which would have seen even supermarkets closing their doors and americal said she made a mistake would not happen not because it wasn't needed but because it was too last minute and had confused people. germany's vaccination campaign has been sluggish because of delays in the delivery of vaccines but also the decision not to give the astra zeneca shot to people under the age of 60 after reports of blood clots only 10 percent of germans have been vaccinated so far the country is facing a 3rd wave of the virus who germany's top disease control body warning this one is showing signs

happen for a few months, possibly into next year steve, we heard from mike jackson, the ceo at autonationblems they've seen in the auto industry he thinks will last well into next year. >> yeah, it kind of depends, becky, on what the definition of temporary is it's getting a little bit longer than that. you have surge in consumer demand in the u.s. and around the world. it's going to surge more soaring prices for shipping containers in the months ahead future prices. they do raise guess how temporary the global supply issues will be how much do they push up inflation. mark szakonyi of the journal of commerce said the volumes have been getting so strong it's like christmas every month and it's just going to get wackier. in nine consecutive months through march they had 20,000 teus it's not that the ports aren't working or the containers and ships aren't there there are some covid-related issues, the real problem is the whole global supply system is overwhelmed. bruce kasman says they have surpassed the level. he has his doubts it's going away any time soon i think the bottleneck pressures

chip shortage is a major deal, the car dealers are feeling the effect of the global chip shortage, autonationm motors seeing first better quarter ever for price increases for new and used vehicles, lauren, exactly what you're saying, we are seeing prices go up. i want to bring in our resident car guy which is bob nardelli, ceo of chrysler for many years and also worked at general electric and knows firsthand the unintended consequences of higher regulation, higher stand for these emissions. jump in here. >> i lived through this period, the obama period when they were increasing, if you will, the regulations on emissions and, again, i would say the autoindustry was trying to do right voluntarily. they were using best available technology, maria, throughout this entire process and we were making tremendous strides. the interesting thing about the standards is the keyword is fleet wide. so if you're not able to meet those standards, what it could force an oem to do is reduce the amount of trucks, large suvs and then only offer its customers small compliant vehicles that would then on a fleet-wid