daimler and volkswagen -- bmw are also behind this. opinions vary how such a scheme would be.t: a glimmer of hope for soccer fans, the german soccer league on thursday to outline a proposal to restart the bundesliga season without spectators. the league may need special permission from the german government. there is one sticking point. the coronavirus testing could be key to any proposal for soccer. >> the german football league wants to get back to business. if the season fails to restart, they stand to lose 300 million euros in tv money andnd estimatd 700 50 million euros overall. contact in football is inevitable. the league has drawn up a plan with hygiene guidelines to play the remaining league games behind closed doors. it w would include limiting the number of people on the stadium grounds into 300, split into three zones. the german health minister has expressed openness to restarting the league on may 9 under conditions. >> if it can be achieved with a reduced or as far as possible excluded risk of infection, it can happen. it needs to be evaluated. >> one of the con

. >>> from the likes of german carmaker bmw and german engine maker rolls-royce. >>> make or break oilalks are delayed while president trump threatens to impose tariffs on crude imports but prices win back some ground after the head of russia's sovereign wealth fund tells cnbc moscow and riyadh are close to a deal >>> and british prime minister boris johnson is hospitalized. downing street calls the decision a precautionary step as the uk leader continues to suffer persistent symptoms ten days after contracting the virus. >>> welcome back let's just give you some march construction pmi data from the uk the number coming in at 39.3 as against february's 52.6. the poll expectation was 44 on this data, so 39.3 is obviously a more significant contraction and the number falling at the fastest rate in march since 2009 as i say, just another data point that reinforces the idea that the coronavirus lockdown is having a significant impact on all parts of the economy, both in the uk and elsewhere. >>> in terms of the measures to cushion the blow to the uk economy, we've got some news here from t

bmw is expected to resume operation in about two weeks.htsines from the new york area -- will slash flights from the new york area. united airlines has made a similar move. new york is the epicenter of the coronavirus outbreak in the u.s. that is your business flash headlines. story, i didthat not realize that the new york city area airports are all only operating from 10:00 a.m. until 6:00 p.m. it is a serious pullback in our capacity. romaine: not only are they only working that time, there are absolutely no overnight shifts. usually those airports are 24-hour operations. tomorrow, there will be a total of 13 departing flights out of those airports. that is basically what we will get going forward. on a typical day, we get close s. 300 departing flight no one who doesn't really need to travel is traveling through airports. you don't really see people traveling on the roads as well. analyst jamie baker says u.s. airlines could take multiple years to return to the level of output. while beforeo be a we get back to those 300 flights you wer

we begin with first quarter sales at bmw plunging more than 20%.us is heading all the german automaker markets. andflagship bmw brand, mini rolls-royce were hit and carmakers in europe have shut down their production line. bmw's are scheduled to redeem debt resume operations in two weeks. jamie dimon is warming a bed recession is on the way. tosent his annual letter shareholders and rights that the coronavirus pandemic will trigger a major economic downturn plus, he says it will moree financial stress than the crisis of 2008. -- jpd jay p morgan morgan cannot be immune and they may cut their dividend. alix: thanks so much. for more on banks, we are joined by mike mayo at wells fargo. he expects banks should grow book value and generate more than 10% returns the second half of 2021. it's great to catch up with you. fourth time you downgraded this, a total 40% decrease in earnings versus pre-virus levels. will it get worse and 40%? >> this is really amazing. each time, we are think we are where we need to be and then we have to cut again. banks are a

bmw plans to reopen european factories. the germany auto giant reported an 81% drop in first quarter profits and withdrew its outlook for the year the germany premier and prostive successor to angel merkel, he said he wants to see more support for automakers >>> volvo cars is set to reopen factories and offices in sweden after sites were closed down for three weeks due to the coronavirus pandemic the carmaker says it will still use shortened working hours and introduce new health measures to prevent infections volvo cars ceo hakan samuelsson joins us with more jeff and steve will also join the conversation thanks very much for being with us this morning. you are now moving forward into the reopening phase when it comes to the factories you were forced to shut down because of the coronavirus. tell us what you're going through right now. what led you to the decision that now is the appropriate and safe time to reopen these factories? >> good morning. first of all, you have to listen to the experts to monitor the situation in

>> a beautiful bmw for you. what do you think? >> i got to look at it. >> it's definitely frontline material. >> as long as the number is good, we're in. >> '07, mileage in the 60s. take a look. >> do you mind if i take a look? >> go ahead, go ahead. >> okay. okay. >> the car ran brand-new. >> yeah, these usually do. >> cold a/c, paint is still-- >> they usually do run great. >> [clears throat] good tires. >> it's all up to the number. >> i'm gonna put you on the money. i want to start this off right. 17,500. >> i was thinking more closer to 16,000. would that work? >> it would work if the car wasn't so nice. it was an original owner car. the customers took very good care of this car. >> but it's not like a 30k or 40k. it has 60,000 miles. >> it's retail-ready. 17,500. come on, man. >> 16,500, tops. >> coming up... >> you got like 30 seconds or so? >> sure, of course. >> wanna show you something. >> male announcer: selling your car? shouldn't you pay less when you use less data? now you can. because xfinity mobile gives you more f

he doesn't name them by name but likely ford, bmw, honda and volkswagen. marcus and laura, california set its own high standard and all car companies are alarmed at the idea of having to build basically california cars and then other cars. ford and bmw, honda and others have said we'll just stick to the california standards and that has angered the white house as you have seen in that tweet. >> all right. thanks, scott. >>> 5:16 for you that morning. something good to talk about and a friendly reminder to everyone in the bay area. a vacaville family decided to do some chalk work outside of their home while sheltering in place. the little girl, addison, wrote a message to everyone. it reads, stay at home and stay safe. don't you just love seeing things like that? i love that. >> it's really sweet. >>> and the coronavirus can't stop the fun for one little girl in nashville. she took to the streets to have a very intense dance battle with a special competitor, her grandfather. ♪ >> that's right, she sees her grandpa every day because they live across the stre

hsbc upgraded bmw shares to a buy. anna: a lot to talk about in terms of the car story an interesting to see the plans are around reopening car production. let us talk about man group. the world largest publicly traded hedge fund. net inflows for the first quarter, $5 million. standing at 104 billion u.s. dollars. these numbers are coming through. they are talking about negative fxects and other -- negative and other movements. final dividend, share buyback program proceeding as planned which is interesting. are callingsses into question buyback plans and share programs. on the market volatility around the virus. dani burger pointed out the pressures. coming a week or so after they had to close two hedge funds because clients were pulling out money and there was not patient money in there. matt: do not miss our interview with luke ellis from man group shortly after 9:00 a.m. u.k. time. let us get to the bloomberg first word news. top stories from the terminal. china's economy contracted for the first time in decades in

the pmis we are seeing a big reaction volkswagen down, daimler, bmw down 4%.ravel and leisure has been the hardest hit over the last month or so. we are seeing more losses accumulate for the airlines as well as the accumulation intercontinental being one of the hardest hit. banks are also in focus in a very big way major u.s. lenders will scrap dividend payments. you can see we'll show you the bank stocks. first, let's get out to steve to round out this move for what this means to be scrapping is this the right move steve? >> it seems to be the right move you've got a situation where the economy could be in greater crisis than we saw in 2008, 2011 it could well be from back in 1930's territory the last thing banks need to worry about is bonuses, buybacks and dividends. one of the big criticisms in the last financial crisis, 10, 11 years ago was the fact that the banks pulled a lot of credit lines to individuals who could have been okay if they were given a little bit of leeway it is logical that if the economy is facing a crisis, the banks are facing a crisis.

first or sales at bmw orange over 20% as the coronavirus hit all german automaker market.tre down, their production lines were scheduled to resume operation in two weeks. rolls-royce has extended its dividend for the first time, going public, the jet engine maker borrowing 1.8 million dollars to help survive the coronavirus. million in 17 years. and analysts are still trying to raise billions from loans. toairline reaching out international bank's, emirates was forced to ground their fleet, turning to buy into a hub for travel. that is your latest bloomberg business flash. stay tuned, more is next. this is bloomberg. ♪ beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. i'mie: live from new york, vonnie quinn. guy johnson is with me, to

we are home to bmw, boeing, continental tire and it has ground to a halt.t continue to be a ghost town and you mentioned the numbers, luckily we are not like new york or other parts of the country that devastated. we managed it and that will continue as he gradually opens up the retail in south carolina. >> let's look at projections showing south carolina may have already peaked and you can see on that graph it appears to have peaked beginning of april. this just a projection but i'm curious if you have enough tests and everything you need to ensure your residents in south carolina that you can reopen. >> absolutely. the physicians we talked to are gradually getting the test equipment, you never quite have enough but americans now are taking precautions on their own and using common sense, the distancing is working, everybody wants tests, you want to know whether you are likely to get the disease but i think overall we cannot continue to shut everything down and at some point the cure is going to be worse than the disease and americans are finding that out.

and then allow cars to park on the side no addition to the bmws and mopeds he paid the cabbie and sprinted across the street his parents lived on a flat on the third floor and then went up two flights of stairs the door to his parents apartment was wide open in the middle of the hallway bill brooks was lying on his back and neck brace tilted his head back at an unnatural angle. and for the dark wooden floor head resting on the pillow next to her husband's face she was wailing what the f is this he screamed? he killed himself. he hung himself with daisies leash. >> that is the upsetting way to start the talk nine days after that i lived in london at the time and was a journalist working for the wall street journal and i got in touch with with val because i heard about the suicide as a senior executive at deutsche bank there were rumors flying that he had committed suicide in part in to be extremely close to the bank ceo at the time and i wanted to figure out what was going on. they had three children but val was his step one - - the stepson so we divide up the task of calling the widow and

and renovated and was beautiful and people with a lot of money lived there who drove mercedes and bmws and we all lived in the same neighborhood and it felt like this strange liminal state to e live in a place that didn't want me there with people who didn't really want to see you . and to be ysolely pushed out and i wanted to kind of have the miami beach of this time be very present in the book. because i wanted it to say something about how faith can be beautiful andugly , how a place can be glamorous and brutal at the same time. to say something about the duality of the immigrant and migrant experience , how people are more than what you see on the surface, most of the people that lived in my community y were latinos and haitians and immigrants and migrants and most of them had educations and had professions back home and then came to miami and drove taxis. i had to go back to school and brought their families o and lived in poverty. i ieremember my father had friends who were taxi drivers who have been doctors and engineers but had to come and start from scratch because they had to

he had a really nice bmw, real nice. if you're at the white house are spent a lot of time in meetings and i had a meeting across the way from the west wing, old executive office building and it ended and had a few two minutes before my next appointment and i was walking down the stairs across old executive drive, the street that between the west wing and the eisenhower executive office building. right by the entrance to the basement of the west wing, he parked his car and he knows he left his keys in it. so i got it and moved it up west executive drive. remember, to park i was executive drive you have to be a senior aide to the president, you go through three checkpoint manned by people with automatic weapons. your carcass went for months and you pass over some kind of a device embedded in the concrete that i don't know what it does but maybe it x-rays you, i don't know. this is very secure. i took the car and drove it up w. executive dr. about 755 yards and after 9/11 they had the sniffer trucks, they look like ice crea

. >> reporter: in fremont on wednesday night jonathan reyes allegedly ran from a stolen bmw on 880 while the car was still moving. the empty vehicle crashed into the center divide. police say reyes fought with officers and was subdued and ended up being cited and released your also in fremont, crystal sylvester was freed from jail after a spree of school burglaries. nine days later he was arrested in connection with a theft of 23 cars from hertz car rental in san jose. he was again released on zero bail. and rocky music, busted from gastric and didn't sit idle for long. >> then he was down near our bart station in dublin when he decided to carjack the first victim. >> reporter: even try to carjack a second victim in san ramon but was arrested. robin lipinski is the contra costa county public defender. >>> this idea that dangerous and violent people are being cycled in and out of the jail is not accurate. >> reporter: public defenders say everyone needs to be protected from covid-19. they say law enforcement is being unnecessarily alarmist because recidivism is a fact of life. >> that was

>> i think it's inconceivable there's not life elsewhere is not likely to have a bmw to understand how rudimentary the crazy range of this environment to discover life on this planet in the environment it wouldn't have believed even when i was in college. yes, i don't thank you can have that experience about an expansion without your frame of reference you can see your hometown and see places you come from and never in that context at the same time in this place that feels very much normal to you. to be floating over the earth and looking down at the bright sun still shining on the spacecraft but yet we know how to get there and feel completely at home in a craft like that so it does make everybody think a little differently about our place on earth there is all one planet that is true but also places to see the hand of man in the arab israeli treaty border and canada and us so when human beings decide to direct that energy we can make those that are visible from space. the planet doesn't have those. >> on that note as one of the first women in space as an astronaut did you feel any se

he doesn't use names but it's likely ford, bmw, honda and volkswag volkswagen. california law still calls for higher standards. and they have said they will stick to california standards not washington's lower standards. >>> 6:15. a vacaville family decided 20-to-do some chalk work. the daughter after nurse, addison, wrote a message. it says stay home and save lives. i love that. it makes me smile. the coronavirus can't stop the fun for one little girl. she took to the vestreets to ha a dance battle with her grandfather. ♪ >> check out those moves. little kira sees her grandfather almost every day because they live across the street from each other. with social distancing had to come up with creative ways to see each other in other ways other than face time. look at the moves. if you have something good to show us, tweet u us #somethinggood. >> i love it. she will remember that forever. >> that's great. >> that is great. maybe i'll do a dance competition with you guys. >> just don't throw out your back. >> oh. all right, kari, today would be a good time to get o

sarah got a red bmw. >> such close friends or maybe more than friends?ching underwear together. >> come on. >> no. my first week they're like, look what we bought. they pulled up -- they both were wearing matching underwear. they were best friends. >> they were blowing through money so fast, they fell behind on rent payments for the law office, got evicted. so they moved the office into elisa and larry's home, which according to ginger now seemed more like elisa and sarah's home. >> up in their rooms they had no clothes of larry's. the closet was cleaned out. and in the bathroom, hers and sarah made the sink hers and hers instead of his and hers. >> like they knew he wasn't coming back? >> yeah, they were pretty much moving him out. >> well, not quite because all this time, remember, larry's body was still in the garage, still in the refrigerator. and as for the idea that sarah was an innocent child, elisa's puppet, that was nonsense, said ginger. >> everybody knows that she wasn't terrified of her. sarah had as much say as elisa had in the whole situati

he had a really nice bmw, really nice. >> uh-oh. >> you are at the white house, you are spending a lot of time in meetings. i had a meeting across the way from the west wing in the old executive office building, and it ended early, and i had a few extra minutes before my next appointment. i was walking down the navy stairs and across what's called old executive drive. it is the street between the west wing and the ike, eisenhower executive office building. right by the entrance to the basement of the west wing hubbard had parked his car. i noticed he'd left his keys in it. i got in it and moved it up west executive drive. now, remember, to park on west executive drive, you have to be a senior aide to the president. you go through three checkpoints manned by people with automatic weapons. your car is swept for bombs and you pass over some kind of devees embedded in the -- device embedded in the concrete that i don't know what it does. maybe it x-rays you, i don't know. this is very secure. i took the car and drove it up west executive drive about 75 yards. after the 9/11, they had four

italy seeings the biggest drop of 85% the auto stocks, though, are higher in today's trade with bmw leading the charge up around 5%. luxury retail among the best performing groups across europe right now. the collective focus turning to lvmh's xhentz on a recovery in china taking hold as the revenue picture starts to improve on the mainland slowly. while the stay at home plays that have worked over the past month so look at hello fresh, the meal kit company and the remote software working company team, both of those stocks are trading lower at this moment germany will start to reopen its economy, denmark will allow certain small businesses such as hair dressers, driving schools to open by next monday austria says shopping malls can resume operations may 1st. however what's key here is that these countries are still keeping their social distancing measures in place. guys, back to you. >> seema moody, thank you very much let's get a check on the latest coronavirus headlines. rahel solomon has those at hq. >> hi, dom good afternoon, everyone senate minority leader chuck schumer says coronaviru

there are still concerns in corporate's and we are getting headlines right now from bmw for example that vehicle deliveries fell 20.6%. first-quarter vehicle delivery dropping by a fifth. when we say something is decimated, that means it is reduced by a tense. -- 10th. times to.ecimated -- times two. no one is going out to purchase a car right now. no one is even allowed in the showrooms. i suppose you could purchase one from your neighbor but you would have to do it over the fence. european markets are opening higher as the death rate from the virus pandemic shows signs of low worrying in major hotspots from madrid to new york. haven demand has receded in treasuries and the yen but the dollar index continues to make gains this morning. we have a special guest. david bloom, global head of fx strategy. when i saw that people were optimistic and futures were up, i expected to see the bloomberg dollar index retreat a little but nevertheless, it is showing strength. what is going on with this march higher for the u.s. dollar? david: everyone needs the dollar. it is king. people were talking

. >> to me, efficiency equals margin, margin equals profit, profit equals another bmw. right?> why not? >> would you move? >> absolutely not. i live on the beach. i can't move. [laughs] >> by operating two locations hundreds of miles apart, they are eating into the profits. real estate expenses, around $50,000, including the mortgage payment. transportation costs, around $60,000. the damage that happens when we transport things, around $50,000. maintenance, taxes, utilities, another $50,000. at a minimum, we could save $210,000 a year. you guys have a successful business here. it does $4 million dollars a year. you didn't just wake up on the wrong side of the bed and trip into $4 million. you've done very well, but i can see why you guys called me. >> um, who called you? we--you all called us. >> what's that? >> you all called us. oh, you called him? >> well, i spoke to them. >> oh, you did? >> mm-hmm. >> oh, okay. in the first place, that right there, i was never aware of that. so yeah, i'm not happy about this at all. you sendin' somethin' in. you been lying all this time, m

tony: you like a bmw, mercedes, porsche? what you looking for?: i'm kind of looking for something a little bit more modest... tony: okay. man: ...a ford, chevy maybe. lemonis: the first potential buyer i've seen since i've been here walks in, and he's looking to buy an suv. he seems motivated, excited, ready to buy. the problem is, we don't have what he wants. tony: i wish we could help you. man: no, it's all right. tony: you know, maybe next time. tony: take care. lemonis: he wants to be in an affordable car like everybody else in america. and every suv we have on the lot is priced over $40,000. how many customers a day do you get that you can't sell stuff to? tony: it's not just the walk-in customers. it's the phone calls. lemonis: yeah. tony: it's the internet. lemonis: seems busy, the service seems busy. tony: yes, service does, like, $100,000 per month. sometimes, we do a little bit more. lemonis: most important part of any dealership is what happens in the service department. highest margin, it's the thing that is most important to the cust

and so you had a handful of major manufacturers, including, for example, ford and honda and bmw, who reached agreement last summer with california, sayingul that they go ahead and meet the stricter standards. and then you have others, such as gm and chrysler who said, no, we'll just abide by what the what the trump adminion is going to do. emth has caused a real d for auto manufacturers because they may face competing standards and no matter what. there'll be an extended legal fit that will leave this question unanswered for some time to come. >> yang: so, i mean, talkiou the legal fight, who's fighting? it's the states and are some o j the automakening that fight?tt >> it's a unclear, although it is true that, for manufacturers strueal inese auto july with california, part ofth agreement was that they would defend california's right, set its own standard. so you could easily see some of the auto manufacturers siding with the administration and some siding with california and the states who want stricter mileage standards. they'll certainly be joined by, as we said, almost every majo

it is not likely to have a bmw and a business card, it is more likely to be bacteria and virus. we understand how rudimentary the ingredients of life can be, crazy range of exotic and harsh environments. we discovered life on this planet in an environment that would never have been believed. i don't think you can have this experience without some expansion and shift in your frame of reference. use your home planet, you can see your hometown, places you come from that you never see in that context. there is this odd schizophrenia floating over the earth, looking down at cities lit up at night, the sun still shining on the spacecraft, someone is pointing up at me. we know how to get there. completely at home to be in a craft like that. it makes everybody think a little differently about your place on earth. there are many places you see the hand of man, you see the israeli arab treaty boundary from space, the guatemala border, canada and the us. it came through to me that when human beings decide to direct their intention and energy towards making divisions we can make divisions t

and they said they hope the park doesn't get hit because their fancy cars and i noticed there were bmws and suvs, i asked where they came from and they said it was from a community, and affluent community. i knew in that moment that on the baseball field before he was a miniature version of the story i was trying to tell. so i drove home with laura, she has a beat up minivan, a crack in the window and i thought, i wonder what it would be like if i were in one of those suvs during driving home with one of the suvs families. that's when i realized because i could tell from the town they were from from what level the family trust. the next few weeks, i understand all this stuff. [laughter] next time you're at a baseball game and you see someone sitting there, it might be a researcher. [laughter] not another parent. [laughter] i got turned down a few times but a lot of people said yes. that formed the core of the family that i ended up working with. >> you are watching tv on c-span2. we are highlighting author talks about the u.s. economy. all of these programs are available to watch in the

and i noticed there were like mercedes and bmws and i asked where these others came from and she said the community where the most affluent communities we have in silicon valley. i realized in that moment that they were on the base bill debate co- baseball field but for me it was the original story that i was trying to tell, so i rode home with laura and she had this beaten up minivan with a crack in the window and i thought i wonder what it's like if i was in one of those nice suvs and that is when i realized that it would be a great way to recruit families because i could tell from the income and wealth. so the next few weeks driving around going to all of these games. >> the next time you were at baseball games it might be a researcher, not another parent. >> i got turned down a few times but a lot of people said yes and from the core of the families i ended up working with. >> you are watching the tv on c-span2. we are highlighting author talks about the u.s. economy. although these programs are available to watch in the entirety on booktv.org. up next from 2017, "washington post"

now in addition to the bmws and audis and mopeds, and maintenance was stationed at the curb.val paid the cabbie and sprinted across the street. his parents lived in a flat on the third floor of white trimmed red brick building. it's heavy black door normally open the advisor was ajar. val galloped up two flights of stairs. the george's parents apartment was wide open. in the middle of a hallway bill was lying on his back his eyes close. neck brace tilted his head back at an unnatural angle. paramedics rustic tube jutted from his mouth. what the f is this? val screen. he killed himself, his mother gasped. he hung himself with daisies leash. that's obvious and upsetting way to start this talk and upsetting way to start the book. this was general 26, 2014, and '90s after that i lived in london at the time and was a journalist working for the "wall street journal." i got in touch with val because i heard about the suicide, a very senior executive at deutsche bank and i wanted to learn more. there were rumors flying all over london that broeksmit committed suicide in part because

it's not likely to have a bmw and a business card, is more likely to be bacterial or virus but we understand rudimentary the ingredients of life can be and the crazy range of exotic and harsh environments, in existence that we wouldn't have thought we discovered life on this planet in an environment that would never havebelieved toast life when i was in college on this planet in the deep-sea . i don't think you can have this experience without having some expansion and shift in your frame of reference you see your home planet, you can see your hometown and you see places you come from you never seen in the context before and at the same time you are in this place that feels very much normal to you. it's this odd schizophrenia to be floating over the earth looking down at seas lit up at night and the bright sun still shining on the spacecraft and realizing somewhere, someone might be looking up saying there goes a satellite and they're pointing at me. and yet we know how to get there and we know how to do this and it felt completely at home to be in a craft like that at far above the earth so

toyota, gm andas bmw are set -- the funds will be needed to support the companies in the second and thirdound toy the end of the year. exxon mobil is slashing expenditure by $10 billion. that is more than double the cuts by any other oil company i made the unprecedented crash in oil prices. 30% cut is the second largest in the company's history. tole will continue to grow 350,000 barrels a day this year and by another 30% next year. yvonne: just want to recap those breaking lines. citigroup set to replace credit konge in we dr.'s hong ipo. this does have connection to the luckin coffee scandal. sued for its was sale.n the u.s. share that is why citigroup is now taking over. no details on when the ipo is going to be taking place. there have been a lot of questions with the accounting fraud. that has been associated or accused when it comes to luckin coffee. whether we are going to see more of the chinese companies listed in the u.s. or elsewhere. that is the latest. here is what markets are looking like. we are counting down to india where we could be seeing a selloff after the massive ral

it's not likely to have a bmw and a business card it would be bacterial or virus. but the ingredients, we now understand how rudimentary the can be and of life what crazy range of exotic and harshro environments life can exist in that we have a thought. we discovered life on this planet in an environment that would never have been believed even when i was in college, right here on this planet in the d.c. i don't think you can have this experience without having some expansion and shifts in your frame of reference. you see your home planet, you can see your hometown, you sorta see places you come from that you've never seen that context before. at the same time, you are in this place that feels very much normal to you. sorted this odd schizophrenia to be floating over the earth looking down at cities lit up o at night and the bright stun still shining on the spacecraft and relisting somewhere down there someone might be looking up and saying there goes a satellite and pointing up at me. yet we know how to get their wedo how to do this. i felt completely at home to b

i want to touch on bmw ceo talking about the state of the business as it deals with coronavirus around and the ceo telling oliver zipsky telling the reporter that the dealerships have virtually stopped retailing. not surprised. it's hard to find them functioning in europe or the united states. large scale production large scale china production is coming back. whether or not you start to see the sales volume in china is a separate production, guys. there is that indication of positive news coming in the auto sector in china. right now on the production side let's see if the volume in terms of demand is there over the next month or two phil, do you think it's a huge shock if you are turning out guidance for everything under the sun. why should you hold them to a different standard >> i think you're right. they say, how do we have any idea, a, that production is going to be close to what we think it's going to be and, b, the demand it's all over the map in terms of what people are expecting on the demand side so i think you're right, becky. so that half million figure for tesla deliverie