he's come in and seen the good in chrysler, seen what chrysler is capable of doing, which may be peopleclose to it had sort of given up on. he's applying a lot of the fiat engine technology at chrysler. there's going to be a new car built here in the united states, 40 mile per gallon passenger car with fiat technology, and it's interesting to see the same people who were kind of ready to throw dirt on chrysler's grave trumpeting the fact this company has resiliency and know-how to make cars and trucks people want. >> host: sure, it's an exciting story. one of the new facts you revealed was related to the gm-ford merger discussions, and obviously gm's real interest in pursuing that -- you might talk about that process and then maybe what that would have meant for the industry if something like that had occurred. >> guest: it's something that's been talked about just inside conversation for years, what would happen if gm and ford, the two biggest american car companies, were the big one. not the big three anymore, just a big company, threw all their resources together, all their market sh

i think chrysler was sort of a drift. it was sold to the capitol management, private equity firm on wall street which had a game plan of kind of stripping it down to its essentials and rebuilding the company. i guess we will never know how that worked out, how it would have worked out because the only on the company for a year when the financial crisis hit the country in 2008 and the auto sales went off the cliff and at that point scrambling for a partner to merge with general motors. their executives are traveling around the world looking for a foreign auto makers to link up with, but at that time detroit was in chaos. the crisis was unfolding day after day, and chrysler really was saved from extinction if you will buy fiat. when detroit went to washington, the government assistance i believe first the bush administration and then the obama administrations of general motors going out of business as a disaster for the economy. for chrysler they weren't even sure it was worth saving. so, this kind of car company that could

he has come and and seen the good in chrysler, seen what chrysler is capable of doing. which may be people close to it had soared and give -- sort of given up on. he was applying a lot of the fiat engine technology chrysler. this could be a new car built tyranny in the back 40-mile per gallon passenger car through fiat technology and it's interesting to see that the same people who were ready to throw dirt on chrysler's grave trumpeting the fact that the company has a resiliency and sort of the know-how to come back and make cars and trucks that people want, which really is the secret. >> host: that is an exciting story. one of the areas of the book that revealed some new facts was relating to the gm ford merger discussions and obviously gm's real interest in pursuing that. you might talk about that ross s. and then maybe what that might have meant for the industry had that occurred. >> host: talk about the conversation for years, what would happen if gm and board the two biggest american car companies would be this one company. they wouldn't even be this big three and

but chrysler workers are getting less generous packages, including smaller signing bonuses, because chrysler now owned by fiat isn't as financially healthy as its rivals. u.a.w. president bob king: >> chrysler is the least financially robust at this time, they're on the comeback we're very optimistic about chrysler, but they have more debt than the other companies more interest rates than the other companies so we structured the agreement to help them pay that off. >> brown: the deal must still be approved by chrysler's 26,000 union employees. g.m. workers ratified their deal last month ford workers are still voting. for more on the new auto labor contracts, we're joined by david shepardson, who reports on the automotive industry for the "detroit news." and micheline maynard, senior editor of "changing gears," a public media project about the industrial midwest. when we think of this as a new era as compare these contracts to what we saw before the meltdown, what's the key thing that jumps out at you? what's changed? >> this is basically a new era in which the way the detroit three are going

he is the product manager for the chrysler pev project. now we will get questions from the press. >> [inaudible] >> how long do you charge it? [inaudible] >> [inaudible] >> it depends on how you drive it. for the first 50 miles, that is the charge to peak cycle. that is when you are in a state of charge or the vehicle will be a regular hybrid vehicle. then you can charge it as often as you would like after. we are recommending that you drive twice a day. chieonce it goes into the chargg station, the truck driver, you get 22 mpg. chrysler does not at this point have any production plans but is an enabler to implement this technology, modify technology come into other applications. it could be an electric vehicle or hybrid vehicle or a plugged and hybrid vehicle. that is the purpose of this demonstration program. >> [inaudible] >> it is in comparison to the existing fleet vehicles. i give you numbers on the economy, how much vehicles would be consuming, their fuel efficiency. again, mr. mayor, you have 14 vehicles. >> when you look at the 14

we are honored to be partnering with chrysler and the u.s. department of energy to push forward with yet another dimension of electric transportation. but first, without further ado, i would like to introduce chrysler's senior manager to tell you more about the program and to make a special presentation to mayor lee. >> good afternoon, everybody. thank you for the warm welcome, mr. mayor. beautiful weather, beautiful city. on behalf of chrysler, i am proud to present the mayor and the city of san francisco with the supply and hybrid trucks. these trucks are part of a grant received from the department of energy to demonstrate technology and further enhance the ability of engineering organizations to implement this technology and future applications to be a part of the green energy that chrysler and bodies and to support the recently announced fuel economy rolling. we are proud to be in partnership with the mayor, and we are looking forward to work with your team over the next few years to demonstrate the technology and to learn from how they

debtors and put the united auto workers ahead of the chrysler bondholders, that's gangster government a right to be suspicious the way this thing handled and should be more investigation. >> we heard alan dismissing the solyndra thing, half a billion dollars of taxpayer government that apparently just gone. does it deserve more media scrutiny. >> of course it deserves scrutiny and the media, by the way, i think are giving it scrutiny and we have the white house e-mails na have he emerged about their involvement in this and this is clearly a high profile issue and i do agree with rich, alan. if this were a republican in the-- >> you want to talk about double standard, why not talking about the billions of dollars lost by iraqi provisional authority, billions and billions lost in iraq. >> it was covered, on the front page of every newspaper. >> and it was dropped, barely covered. >> why do you say that solyndra is a nonscandal? and-- >> it's something that falsely conservatives are trying to use against the white house when they approved the loan guarantee program, and bush approved usi

union leaders from chrysler are meeting today reportedly to finalize a new contract. talks between the uaw and chrysler have been hung up over profit sharing and entry level jobs. chrysler is the only detroit automaker still without a new labor agreement. >>> at the movies, 1-2 punch for "real steel." it took in better than an expected $27 million to win the weekend box office. george clooney's political saga "the ides of march" in second place and "dolphin tale" slipped to third. whoever said the tv commercials are going to the dogs is right. targeting market to the next level with an ad featuring high-pitched noises only man's best friend can hear. the ad for beneful dog food is running only in germany and austria. since humans can't hear the noises, i guess we are taking their word for it, unless you can hear the noises, then you have a whole other problem. >> i buy the dog food, i better be able to hear the commercial. >> right. >> ashley morrison in new york, appreciate it. take a quick break. >>> still to come, your monday morning weather. >>> and in sports, bea

people forget that ever merica motors used to own jeep i have no doubt have chrysler and if general motors have been allowed to fail other automakers would have bought good parts of those companies and we would be rolling along much faster than we are now all right now we're doing it was plain to me when i asked everyone what he had done he turned and ran their gun and i said this guy should hear our allan if i go to you when we were talking about social democracy is there a new social contract in the air now because of this crisis. the old social contract is still here look this raving about about the income distribution is foolish nonsense the reason it's foolish nonsense is because he's entitled to his opinion but he's not entitled to his facts the facts are that the reason there's a yards of research on the question of why the income distribution is spread the answer is because the failure of the education system we just have a large number of people who are illiterate and richard richard i want to give you the last words until there are a second scripture gluck last last we're

chrysler promises to invest $4.5 billion in auto plants.it the latest step in a remarkable turn around for chrysler. >>> towns along mexico's pacific coast are under water this morning after getting slammed by hurricane jova, category 2 storm killed five as it blew on shore. it knocked down power lines and triggered severe flooding before dissipating. conditions were so bad a red cross office had to be evacuated. >> the storm was a lot weaker than predicted. it was barely a cat 1 when it hit. as bad as it looks. could have been worse. awe called have been worse. >>> here is a look at your thursday weather. wet day along the east coast drenching rain. boston, new york, d.c., cooler with thunderstorms from green bay to detroit and nashville. hot and windy in southern cali. >> 57, seattle. 69 in boise. 76 in colorado springs. rainy, 63 in fargo. 70, omaha. 68, chicago. 70s from new york to atlanta. 85 in new orleans. 82 in dallas. >>> well we call this world news now for a number of reasons. and here is one of them. >> yes, where else do they

showed was overwhelmingly opposed by americans it never should have been done we should all let chrysler and general motors go down and i have no doubt that if they had it happened they're good assets would have been bought by other automakers maybe some new automakers would or is it would have arisen i live near and what is can osha wisconsin and i was into no should just last weekend people in this country forget there used to be a big four automakers the big the fourth was american motors which used to be headquartered in include osha when kenosha went down part of that company was bought by chrysler people forget that air merican motors used to own jeep i have no doubt if chrysler and if general motors have been allowed to fail other automakers would have bought good parts of those companies and we would be rolling along much faster than we are now all right now we're drilling in the end of january when asked everyone who. ran their budget is going to i should hear if i go to you when you were talking about social democracy is there a new social contract in the air now because of thi

chrysler ditthes the caravan... and apple's i- phone 4-s is already smashing rrcords...re changes for nettlix... - &pstocks light up on hopes the eu won't meetdown. u.s. markets seeing their best ooeeday gain in two months, as eurrpe's leaders pledge to sttbilize their struggling baaks.meanwwile, the comppny putting he minivan on the map... droppinn one from it's lineup.chrysler ditching tte dodge grand caravan, and the avenger. hhy're being replaced by a new crossover vehicle.that leaves the town and country as ccrysler's onlyy already smashing records...with more than 1 million first-day pre-orders. it's 2 additional carriers...verizon and sprint...helping the 4-s outsell last year's model, only aaaalable through a-t and t.prepare to get pinched for ttat p---and-j.peanut butter percent....after the hot, dry summer devastaaeddthe peanut crop. and netflixxtrying yet another fix to please &pdissatisfied customers.the c-e-o announcing it's dropping plans to separate its d-v-d mailing nd treaminggservices. but price hikes...are staying in place.that's business.i'm ashley we

but gm and chrysler have to remember. cono more autobail outs.ublicans are going to block it. i am sure ford did because they never took the bail in the first place . no more candy from uncle sam. >> our informers have funds that keep you safe. bring your pen and paper. p >> when the markets look turbulent. safe is good and utilits. >> i like utilits . companies in the area they are to return. - reform. >> morgan, how can someone so boyient recommend that. the utilities and i like the s&p 500 and rsp. renounce squarity pants. most of the time you buy on the s&p 500 you get the spy. but this rsp did 12 percent. it is cheaper. >> i could beat that. for me is 12.1 four percent with a balance fund. >>> and morgan over a 12 month period. do you like it? >> i do. it is very safe but there are better way to see bigger urns. utilities. >> thanks, gang. >> that's it for foshes on fox. have a wonderful weekend. thank you for watching. the strongest block continues with charil casone

and last but not least, chrysler's union workers have ratified the new labor contracts. the last of the big three to sign off on new deals. the uaw says that the contract will generate 2,100 new jobs. that's a lot there. in total, the labor deals in chrysler with ford and gm will create 20,000 jobs in the u.s. that's good news. back to you guys. >> let's check in with christina this morning for a look at the forecast. good morning. >> good morning to you. it's still pretty dry out there, and it's chilly, but we've lost the gusty winds to the east bay hills, to the santa cruz mountains and to the north bay hills. so this morning we're in a better setup when it comes to fire danger. however, we still have the red flag warning firmly in place until 6:00 a.m. it should expire on time. everything i'm looking at leads me to believe the winds aren't picking up soon. high pressure moving to the east. you can see we're calm from santa rosa down the peninsula. nothing above five miles per hour. so we're looking really good. temperatures on the cold side. 38 degrees in napa. as we

we had earnings this past week from ford and from chrysler that were -- certainly in the case of chrysler, which was one of our patients, if you will, were well above anything we ever imagined in our wildest dreams during the restructuring. so the auto companies are doing exceptionally well, even at a period of continuing modest rate of car sales growth, the so-called sar of about 13 million a year. as that sar goes up, these companies will do even better. but you have to separate the companies from the jobs in the sense that we save these companies, they are very profitable, they're selling a lot of cars, they are increasing the number of employees very slowly, but remember that a lot of these new workers are coming on board at $14 an hour, which is $30,000 a year, which is half of what an o-line detroit worker makes. we only solved the problem for people, which is part of this national challenge you and i have been talking about. >> absolutely. steve, thanks for being on the program. thank you very much. steven rat ner joining us in new york. >>> house minority leader nancy pelosi. i'll

chrysler also will invest $4.5 billion in its plants and lineup of cars. union workers will get a $3,500 signing bonus and $1,000 in annual bonuses. however, most yearly raises were replaced by profit sharing. >> susie: also from detroit today, general motors is supercharging its lineup of fuel-efficient vehicles with an all-electric subcompact. the chevy spark will go on sale in 2013. g.m. won't say yet how much the the tiny plug-in will cost or how far it will go on a single charge. it will first go on sale in california and washington to help meet the zero-emission requirements in those states. g.m. chief marketing officer joel ewanick says the spark will be rolled out in other states as the infrastructure for electric vehicles improves. >> what we find is there is a lot of frustration for people who have electric cars in that they can't find the infrastructure to plug in for their daily needs. that's why we're going to do it when it makes sense to roll these cars out and invest in this strategy when it makes sense. >> susie: n.b.r. midwest bureau chief

chrysler says the complaint is without merit. ford says it did not create the radio ad. >>> for the second day blackberry users outside of north america are having trouble accessing e-mail and messages. blackberry users have been burning up the internet with complaints. >>> apple's new icloud launches today. the preservice stores all of your data, such as photos, music, calendars and documents and syncs it with your apple devices. you do need the latest operating system and software. >>> and if you're thinking of visiting japan here's a great deal for you. the tourism agency there is offering 10,000 free flights to the land of the rising sun next summer. tourism, as you can imagine, is off significantly after that devastating earthquake earlier this year. in return, the lucky visitors will be asked to write about their trip online. >>> and next on this wednesday morning, a new warning about a vitamin supplement increasing the risk of cancer in men. >>> and raw emotion from michael jackson's daughter. the latest from the manslaugh

chrysler is the last of the big three u.s. automakers to sit down with the union in this year's contract talks. general motors workers have already ratified a new contract and their counterparts at ford are voting on one now. >> tom: if you were expecting a message from a blackberry user in europe, the middle east or africa today, you may still be waiting. the service had a hard time sending texts and emails today from those locations. blackberry maker research in motion is investigating the problems. they apologized for the outage, but no reason for the problem was given. despite competition from apple's iphone, blackberry usage remains high throughout europe and the middle east. >> susie: the senate takes up the president's jobs bill tomorrow, but tonight's commentator has another way to boost jobs. he's bernard baumohl, chief global economist at the economic outlook group. >> the latest jobs report was, once again, disappointing, with the unemployment rate still stuck above 9%. is there is anything-- anything- - that can tu