with audi mercedes-benz and gm among many vehicles that will steer, accelerate and break on their owngoogle and its self-driving prototypes have made the silicon valley a hotbed for autonomous drive technology. sobering thought for auto executives in southeastern michigan. >> i think it is bringing this to the table in terms of people are interested in this i think certainly that's the case. >> i'm really pleased. silicon valley pushing so hard because it's really making -- what it's done is to wake up the industry here in michigan. >> initially the auto company's and tech firms doing research will be focusing on self-driving cars and vehicles talking to each other, they're also working on developing smarter infrastructure using radar like this in order to develop smarter street signs so that the roads are safer. smarter cars for a new era in autos. coming from a part of the country that put america on wheels. phil lebeau nightly business report ann arbor, michigan. >> that is nightly business report for tonight. thanks for watching. >> and i'm tyler mathisen thanks for me as well. we

mercedes-benz. we will see what they have to say about china. bmw and audi -- let's not forget china has the number one car market. let's see what there is to say about that. they are bringing out new models. we will see if there are any updates there. ryan: we will be joined by the head of market strategy. he will talk about commodities and talk about china. anna: look at his take on the big foreign exchange move and the new zealand dollar. ryan: it is 6:30 here in london 7:30 in brussels -- you are the stories you need to know. anna: graces second-quarter earnings have beaten incomes. the earnings are the first in his capacity as the ceo. we will bring you the conversation with him at 7:45 u.k. time. lawmakers have approved the second wave of measures demanded by creditors with a majority. alexis tsipras called on greeks to pull together and accept sacrifices needed to stay in the euro. the reforms will simplify court decisions and impose eu rules on the failing banks. growth in south korea has weighed on consumer spending in an economy already struggling.