let's look at what is going on n the beijing auto show. rning around a sales drop in china last year. let's get back to beijing and the auto show and speak to the p.s.a. group executive and vice president for china. carlos, thanks for joining us. we'll come to malaysia in a second but how is business in china these days after that surprise fall for you? >> well, first of all, i'd like to say that yesterday we have just enough, ourselves, for the first quarter in a worldwide basis and we have jumped, increased our sales in 44% in a worldwide basis. we have grown in all regions including china where we saw the decrease we showed last year. that is a very important sign. where we are just now in presenting the new aircraft we will be releasing in the second semester here in china we increased ourselves in 41% and , in asean our sales grew 30% this quarter. rishaad: absolutely. but this turn-around, is it sustainable? what measures do you have to take in order for that recovery to actually have legs in the uture? >> the auto industry is very co

robin brant is at the beijing auto show for us. good to see you. the show, this trade war, or is it all about the new cars they are trying to show off? what is they are trying to show off? what is the atmosphere like? it is about showing the world the new models these companies have. this market here is immense. 28 million new units sold last year. but talk to senior executives and they are worried about the prospect of a trade war covered eagerly for firms that could be trapped in the middle. i spoke to harold kruger head of bmw. they are not chinese or american, obviously, buta bmw. they are not chinese or american, obviously, but a global company. they make cars in the united states, but then export to china. they fear they could be hit if this trade dispute between america and china escalate is back. he said he will was worried about the impact on export economies and local economies. by that, he miss the united states, where they employ about 70,000, and of course in china. we have heard about reforms by the chinese government. the removal of t

the beijing auto show opens wednesday. we got tom mackenzie there for us the next couple days. ems the beijing auto show is more focused this year. china opening up the auto sector. how do you read the mood music so far? from the executives we have been speaking to in the lead up to this event, they have been underlining this is not only the largest car market, this is the car show they focus on every year. this is by far the number one event for them. and for the reasons it is of interest. it does throw up interesting challenges. sector,ication, the ev how much china is spending on ramping up electric vehicle production. onhave 174 electric vehicles display today, 124 our local brands. of course, the changes china has around foreign ownership. foreign car companies will be able to take majority ownership by 2022. vehicleare electrical -- electric vehicle makers, by the end of this year. go into gtv. 2018.p that chart from from 2016. 24.1 millionw vehicle sales. volkswagen taking up the biggest share. 15% market share for vw. honda and vw. sedan demand starting to slow, but suv'

phil lebeaueijing auto show what is attracting a big crowd here at the beijing auto show? is is the first time tesla set up a booth here at the beijing auto show. they're all coming here to see the model 3. we'll look at tesla's opportunity in china when "worldwide exchange" returns after this these birds once affected by oil are heading back home. thanks to dawn, rescue workers only trust dawn, because it's tough on grease yet gentle. i am home, i am home, i am home swho live within five miles of custyour business?-54, like these two... and that guy. or maybe you want to reach women, ages 18 to 34, who are interested in fitness... namaste. whichever audience you're looking for, we'll find them we're the finders. we work here at comcast spotlight, and we have the best tools for getting your advertising message out there. anywhere, any way your audience watches. consider them found. you know what's not awesome? gig-speed internet. when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids, and these guys, him, ah. oh hello. that lady

also coming up in business briefing, we'll be live at the beijing auto show to find out why china isngine of growth for the global car industry. a warm welcome to the programme. this hour, we'll be briefing you on all you need to know in global news, business and sport. and we'd like you to be part of the conversation. tell us what you think about the stories we are covering today of what you are spotting online. just use the hashtag #bbcthebriefing. the french president, emmanuel macron, is on his way home after publicly acknowledging he may not have convinced president trump to remain in the iran nuclear deal. he said he felt their personal relationship was excellent, despite criticising many of the president's policies in a speech to the us congress. our washington correspondent chris buckler has more. after a ll after all the hugs, the handholding, and even the air kisses, emmanuel macron and his visit was something ofa macron and his visit was something of a slap. mr speaker... inside congress, he heads out many of donald trump's america first policies in favour for a donald tru

serving the biggest auto market of the world the beijing motor show kicked off in the chinese capital it comes as the skyrocketing growth of new car sales appear to be slowing for the first time still chinese than sooners drove more than twenty nine million new vehicles off lots around the people's republic last year chinese drivers love their s.u.v.s which make up around forty percent of sales but electric cars also booming they jumped by more than fifty percent last year to seven hundred eighty thousand units now that may be a fraction of total new car sales but it still makes china the world leader in the evy he told business and with beijing's thailand quote us for electric cars sales are likely to increase further german manufacturers want a piece of that pie although having been slow in that he caught of element in you had a false flag and has even made the china business a freestanding unit within the company. and d.s. is exactly where he wants to be leading vokes wagon and just like his predecessor his sights are set on china this is where big bucks are made with a brand new s

beijing motor show and hejoins us now. —— is at. robin, what are the latest trends and what is the buzz at the auto show?ion new cars were sold in china last year, that is a vast market, as you say, the biggest in the world, that's why this event and others across the country in shanghai are such a big draw but there are signs growth in the car market is slowing gradually in line with the trend in the chinese economy. the other area of concern on the minds of the auto bosses at this event in particular is the prospect of a trade dispute between china and the us getting worse, are they about to see a trade war in which they could be stuck in the middle? we've been tooting too of the auto world's biggest names, bmw and fourth, they have a global presence but also a big significant presence but also a big significant presence in china —— talking to. it's neither american or chinese but bmw is worried about the prospect of a trade war across the pacific. at the beijing motor show this week it is launching a new electric suv but it's the bmws shipped in from abroad that other worries. their problem could be t

there is much buzz among carmakers at this year's beijing auto show as they look to the future and chinalans to open its cacar industry to foreign automakers.. a welcome and long-awaited decision in the industry. xi jinping's announcement earlier in the month called for -- any foreign carmaker wanted to make cars in the country must do so through a 50-50 joint venture with the chinese company. it also wants to reduce the 25% levy on imported cars. last year china imported 1.2 million vehicles. that's about 4% of the country's total sales. >> china is s a great mamarket r us and china will be the leading market for elelectro-mobility. vehicicles isr young and diverse in china so we hahave attached great importance to the needs of our young customers in the development of our new models. comments come in the rising trade tensions between china and the united states followed weeks of escalating terrorist threats. is next weekmp sending a negotiating team to beijing that includes treasury secretary steve mnuchin and a trade representative with the auto industry one of the issues high on the

but a report from the beijing auto show, it is not just a report from the beijing auto show, it is notjustse, but bmw is worried about the prospect of a trade war across the prospect of a trade war across the pacific. in beijing this would get the annual show, it is launching a new electric suv. but it is the bmws that our ship in from abroad that are the worry. bmw's problem to be that it is kind of stuck in the middle. on the one hand it has a big manufacturing base here in china. but it also makes cars in the united states, tens of thousands of them that are exported here to china. and they could be hit with a big tariff hack. as a trumpet springing $150 billion worth of new tariffs. china plans to retaliate by targeting made in america cards. some of them bmws. so the firm has multibillion—dollar investments at stake. we are clearly invested as free trade because free trade creates wealth on both sides and that is what we stand for. trade barriers is definitely something which is impacting most economies, the export and the local economy. but we are clearly in favor of free trade and t

. >>> sg of which, electric cars and suv are getting a lot of attention at the beijing auto show. this year for the first time ever tesla is at thishow trying to take advantage of new opportunities in the world's largest automutile market, as phil lebeau reports now, there are also a number of challenges. >> reporter: with nearly 100 unveilings of new models, the about auto show is all who can getat the mtention, and by that measure, tesla is doing well. its models are a common sight around china, and last year most one out of every five teslas sold in the wor was in china. the government is encouraging citizens to buy anct ec car. many tesla buyers have gladly paid well over $100,000. >> translator: from the design, om thefunctions, from the user experience tesla is really good. >> reporter: whileesla has created a growing and loyal following here in china, this is also where it faces more challenges, especially if the chinese auto industry becomes more competitive botnd here around the world. >> in the last two or three years there have been 23 new chines electric vehicle brands

opportunity to re-invest. >> excellent jerome, you are always great in expaining these favors. >>> the beijing auto showcking into high gear trade centers are front and center phil lebeau is with us from that auto show in beijing phil. >> reporter: david a lot of discussion about what china's 25% tariff on imported autos means to the people buying vehicles look at some of these numbers. you will see the difference in price between the u.s. and china. the base model sells just under 80,000 over here it costs 50,000 more the bmx in carolina starts over 57,000 in the u.s., that same vehicle sells for almost 120,000 over here. yet there is no slow down for demand of vehicles shipped out of south carolina coming over here this year the expectation is for almost 90,000 of those suvs to be shipped over here real quick, i want to point out, gem motors reports on thursday, likely a question or two whether or not it will explore doing business alone without a joint venture partner in the future. don't expect them to say that's their plan guy, back to you. >> okay. phil le beau in beijing. "squawk alley" is coming

delegation here to beijing will i guess reassure us executives who were present here at the beijing auto show they've been holding their breath for the past few weeks but here at this show they're not holding back their brands u.s. car companies enjoy a very high profile here in china general motors for instance sold around four million vehicles in china last year general motors now sells more vehicles here in china than it does in the united states the other dominant theme at this auto show is electric cars china government really is pushing green technology right now and it's such an ambitious goal it won thirty percent of all cost sales seven years from now to be those of electric vehicles and one of the ways that it's doing that . is offering generous incentives and subsidies not just to buyers but also to manufacturers and that could well entails that the government is able to meet that very ambitious target malaysian police say they believe two suspects in the killing of a palestinian hamas member are still in the country but they don't know who they are they have released a new photo f

the beijing auto show, herbert die says changes happening ever faster. >> a relationship with the jointtners. not as a w in the north, so we don't plan. >> extending the ultraluxury buyback mark with a crossover to take on high-end rivals such as -- the concept at the beijing on her show includes white leather, flat seats with massage and the therapy function. and a built-in porcelain service. archetype for new the rolls-royce and ferrari also had an suv to their lineup. hiring with big tech in silicon valley. is three directions. and so we worked not only as a supplier. a very important partner because the map is very strategic for that. it is our solution for navigation, for positioning. we have bmw and some of the local ones. >> this category provides mobility services. i will foresee more and more companies going to this area. this partner is also very important. >> you try to buy a stake in a european-based company called here technologies week as they had operations in chicago. at the u.s. reviewed that and in the end, did not approve it. what lessons do you take from that experie

. >> we will get a live report from the beijing auto show and get a look at a cool concept car. >> artificials out this is a concept car. look at the display screen facial recognition opens the door then when you look at the artificial intelligence incorporated into the concept vehicle this is the future of automobiles. it may look like the cars and trucks that we see on the road today but believe it or no tt,he smarts behind the dashboard is what the future is all about >>> china could be a huge market for tesla. but is the company willing to do what's necessary to make it big there. >> phil lebeau is live at the beijing auto show. hi phil. >> hi michelle, a lot of those questions will be answered on china's rules towards joent ventures but make no mistake, electric vehicles are number one in the world. by far, china leads the world in sales last year. it is more than double the number in europe, well ahead of the made to. japan is in fourth place tesla, 17% of its sales last year were in china 14,000 vehicles. it has discussed putting a plant in this country. the decision happy been made pa

japan up nearly 1% >>> the beijing auto show kicking off this week.t else but trade tensions are front and center phil lebeau is live in beijing, china for you this morning >> good morning from bay jieijb. as you look at the traffic behind me, it's not hard to see the auto market is going stronger than ever here in asia and china. in part because there are more vehicles built in the united states and shipped over to china than we've seen in a number of years. look at the growth over the last ten years. last year almost 270,000 vehicles were built in the united states and then shipped to china where they were sold. so where do things stand when it comes to trade tariffs and the trade barriers here in china when it comes to autos the current tariff is 25%. in early april when president trump sent out some tweets saying we may have to initiate some stronger tariffs on a number of products, china said how about if we raise the tariff to 50% on u.s. built models? a few days later president xi in china said let's compromise. let's see if there's a way of lo

seat and could completely revolutionize the concept of alter the ability just ahead of the auto china show in beijing chinese auto make a bite and unveiled it the s.u.v. concept hailing it as the most intelligent e-car ever designed china is heading firmly towards electrum ability some say the end result will match what the smartphone did to mobile telephones and in a major policy shift it removing foreign company ownership restrictions beginning with electric vehicles in twenty eighteen last year over twenty nine million cars rolled off chinese production lines an increase of three point two percent year on year. the proportion of the cars made there and still relatively small at seven hundred ninety four thousand but growth is phenomenal at over fifty percent something the government is determined to increase china's policy is very much committed to electric vehicle. or all the government rules and regulations are towards strengthening electric cars electric car production and also now more and more autonomous driving so china's government is really committed to the automotive future and is support

. >>> welcome back auto executives have gathered in china for the beijing auto show. on the horizon could be that potential trade war between the united states and tr china. phil lebeau is there in china and joins us live. how much are you hearing at the show there >> executives are worried about this we have done a number of stories talking about the impact of a potential trade war with all of the suvs built in the deep south and then exported to china but there are an increasing number of vehicles built here in china that are imported to the united states the number of sales pales in comparison to what are exported from the u.s. to china 58,000 vehicles were imported and sold in the u.s. ford will be building the focus in china and importing it starting next year volvo has been doing this for some time with its s-90 is he aga sedan. when we had a chance to catch up with the ceo and ask about the rising trade rhetoric between the u.s. and china, he was clear he's not happy about it. >> very concerned, of course it would be a major setback for the whole industry, also

tom has another high-profile interview coming up from the beijing auto show and magenta catches talk later today on bloomberg markets europe at 40 p.m. hong kong.- 4:30 p.m. in hong is get a. check of business flash headlines. the corridor iron ore shipments fell blaming maintenance work and poor weather as production costs rose. deliveries dropped just under 39 million tons, in light of the median forecast in a bloomberg survey. pocket expenses are seen as high $11 incompared with february. yvonne: u.s. treasury's dropping sanctions and a path to lifting them. more than any90%, day since april 24 of leicester and officials they don't use measures. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business ou

get a first look and feel of what car makers have in store for the world's largest auto market at the beijing motor show which just kicked off in the chinese capital now it comes as the skyrocketing growth of new car sales appears to be slowing for the first time still chinese consumers sold more than twenty nine million new vehicles off the lots around the people's republic last year chinese drivers love their s.u.v.s which make up about forty percent of new sales but electric cars also booming they jumped by more than fifty percent last year to seven hundred eighty thousand units not that may be a fraction of total new car sales but it still makes china the world leader in electric vehicle sales and with beijing's planned quota for each cars the sales are likely to increase further now speaking of market leaders china's own s a i seem older is the largest car producer in china thanks in part to its joint ventures with general motors and folks like. d.s. is exactly where he wants to be leading vokes wagon and just like his predecessor his sights are set on china this is where big bucks are made with a

on trade and they strain relations are being felt at the world's biggest annual cash show in beijing u.s. auto manufacturers are concerned it couldn't pay that access to the world's largest car market reports. amid the specter of a trade war u.s. auto executives are holding their breath in china but they're not holding back on their brands this is a market where their companies have to maintain a high profile general motors now sells more cars in china than at home almost four million last year. it's an important market for ford as well their presence illustrated of the deep economic connections between china and the united states but unless beijing and washington can settle their trade differences these cars could eventually cost twenty five percent more we always advocate anywhere around the world the benefits of free trade we feel very welcome in china here is a business we have great chinese partners in spite of strains in the china u.s. trade relationship president xi jinping has been holding out an olive branch he says that four years from now restrictions that have been preventing us ca

trade war the tit for tat measures are overshadowing one of the world's biggest auto shows that's kicking off in beijing i'm on this let's cross live to adrian brown who is in the chinese capital agents talk of this trade war trump is sending his treasury secretary to what can we read into this. well i think u.s. auto manufacturers executives who are here at this auto show the world's biggest have really been holding their breath darren you know for the past few weeks but i think they're not holding back their brands because even though there is this uncertainty over the state of trade relations between china and the united states the big u.s. auto manufacturers are here and they have to maintain a high profile. because this increasingly is the most important market for their cars for instance general motors sold more than four million vehicles in china last year that's how important this market is and of course china has threatened to impose a terrace of up to twenty five percent on imported u.s. vehicles if indeed things do lead to a trade war but now we hear the president trump is dispatching a high

they can get an idea of what car makers have in the pipeline for the world's largest auto market at the beijing motor show which just kicked off and the chinese capital allowed comes as the skyrocketing growth of new car sales appears to be slowing for the first time still chinese consumers drove more than twenty nine million new vehicles off the lots around the people's republic last year not chinese drivers law there as you've eased which made up around forty percent of new sales but electric cars are also booming they jumped by more than fifty percent last year to seven hundred eighty thousand units that may be a fraction of total new car sales but it still makes sign of the world leader in electric car sales and will beijing splenda quota for e-cards sales are likely to increase further speaking of market leaders china's own s i s a i seem older is the largest car producer in china things and part two it's john veterans with general motors and folks like. country back together. and she told me she was in. the fields. is yours whatever poured you apologise for that now they had overswing is in full hea

let's go to beijing now, where global car—makers are gathered for the annual auto show.sting timing giving the spat between the us and china as far as ta riffs between the us and china as far as tariffs and a trade war is concerned. is that overshadowing events there? i wouldn't say overshadowing body bits on the mind of senior executives we have been speaking to. —— but it is on the mind. events like this have a big draw. we have been speaking with bmw. their chief executive. also the ford senior man for the asia—pacific region. the prospect of a trade war is of concern, particularly for a bmw. it is a global company. it is an iconic german brand. neither chinese north american. but it could get caught in the middle if there is a trade war because it manufacturers in the united states and that exports cars here to china. the chief executive talks to me yesterday and he warned donald trump e has real concerns about the impact of new trade barriers upon local economies, as he described it. by that he means bmw's operations in the united states and in china. bmw employs 70

the beijing motor show, where global carmakers are showing off their latest electric and suv models. but, with trade tensions between the us and china simmering away, what does that mean for the autoatu is trending online after a surf competition in the south pacific. kaltaliu kalotiti wowed judges as he rode the waves into the semi—finals. that is despite his old, battered surfboard being held together with duct tape. his success prompted a campaign on facebook to find him a new board. hello there. well, wednesday was a classic april day — sunny spells and heavy april showers. these big cumulonimbus clouds developing through the day, bringing downpours, some hail, and some thunder. this gorgeous weather watcher picture comes from sue in wakefield shows one of those cumulonimbus clouds decaying in the sunset. now, as we head through the night and into the morning, winds from a north—west direction fairly brisk. but by the end of the night, and into thursday morning, they will become confined more to western areas, whereas southern and eastern england should be fairly dry with clear spells. it's going to be quite a chilly start to thursday, with temperatures for many into low to mi

is overshadowing one of the world's biggest car shows which is open in beijing on a series adrian brown is there. amid the specter of a trade war u.s. auto executives are holding their breath in china but they're not holding back on their brands this is a market where their companies have to maintain a high profile. general motors now sells more cars in china than at home almost four million last year. it's an important market for ford as well their presence illustrated of the deep economic connections between china and the united states but unless beijing and washington can settle their trade differences these cars could eventually cost twenty five percent more we always advocate anywhere around the world the benefits of free trade we feel very welcome in china here is a business we have great chinese partners in spite of strains in the china u.s. trade relationship president xi jinping has been holding out an olive branch he says that for years from now restrictions that have been preventing u.s. car manufacturers from fully owning local companies will come to an end. a promise to end those restrictions could go some way to heading off