that is exactly what chrysler did. did that, like ford and chrysler came out very well. >> yes, but if you get another spike in gasoline prices, which is what put the auto industry in the straits in 2008, they could be against the wall again. but one thing chrysler has, they have loan agreement that is will restrict the amount of money that fiat can lay its hand on. the other thing, chrysler will require huge investments in the next few years if it wants to stay with or ahead of the pack. in the auto industry is one tough industry. highly competitive. so, give sergio the praise but he is going to have to earn it again in the next few years. david: of course, john, one of the ways this bailout was sold to the american tax pay, this is a way to prevent detroit from going bankrupt. guess what? it didn't work. >> yep. detroit went bankrupt last year. likely old saying but you were told if you voted for goldwater that there would be a war in vietnam. david: right. >> he didn't win but there was. so detroit did go bankrupt a

ceo's deal to buy the rest of chrysler. it may have been happy holidays for john lewis but did the grinch steal christmas on the other u.k. retailers? anti-more on that as we go through the program. fat profits. how one is really company is turning krill into big-box. he did right here. we are "on the move" on bloomberg television. ♪ >> this is "on the move" on bloomberg television, radio and streaming on your phone, tablet and bloomberg.com. here are is a stock that is on the move. let's check out what is going on in the u.k. retail sector. devon is up by 3.5%. warningued a profit that took the edge off not just their share price but some other retailers in the u.k.. many people asking themselves if it is just a tough time for enhams.wns -- deb they are talking about a last- minute gift rush, a huge surge in the last 10 days before christmas. emergely more details to on that story as we go through the week ahead. hasitalian carmaker fiat agreed to buy the remaining stake in chrysler it does not yet hold. we are getting an

money, that has scary echoes for chrysler. bought chrysler, chrysler had a lot of cash. that was used with several other deals. got some of the cash. that is a concern. if you look at what marchionne is doing, he is trying to build a global automaker. two thirds or halfway there. footprint in south america. all of those jobs. let's not forget about the fact there are a lot of men and women working for chrysler in detroit. he has championed the city of detroit. ,e has partnerships to people all these people. >> he is taking the money out now. >> they would have no jobs otherwise. >> i'm curious. the fact we are now seeing this deal instead of an ipo, is there risk chrysler will lose some of the talent making some positive changes their? -- there? , chrysler wass worth more if it is all integrated than a standalone hybrid company. the story with chrysler is you make a ton of money when times of good and are on the brink of death when times are bad. in theory, they need to be part of a -- an organization. if they could be in a larger group, maybe they could be large enough

>> it makes chrysler and fiat a global player. chrysler strong in the u.s. in europe. what we now have is a global automaker that will be able to go head-to-head with the volkswagens of the world and the toyotas of the world and g.m. and ford. which have rebounded quite impressively in the u.s. market. these companies were left for dead with the exception of ford a few years ago that had to be bailed out by the government. now they are back on their feet and driving ahead. fiat t does this mean for in the long run? the fiat end of the business is struggling. what is the future for that division on those division? how the marchionne now going to get most out of this deal? and what is the long-term future for carring in italy? >> that is the key question. while fiat is the aggressor here, they are taking over chrysler, it is actually fiat that needs the help. it is in terrible shape. demand is weak. there is enormous overcapacity. in the u.s., thanks to the u.s. economy and the fact that for all the troubles in detroit, americans do still love their cars. the

gm and chrysler? caller: yes. could we have done a partial buyout and try to have gm and chrysler, with the other half? in 2009, the obama administration opted to give gm significantly more cash than they needed because they were afraid congress would not agree to a second bailout, so they gave gm far more money than they --ded add a dash at the time at the time. in retrospect, some of the sayout officers -- authors they could have required gm to pay more of the money back and gotten more returns. hindsight is always 2020, but there are certainly plenty of alternative scenarios where the government could have been repaid more and the company would have been saved. obviously, we will not know if those would have worked or not. host: david shepardson is the washington bureau chief of "the detroit news." to ever talking to our viewers. guest: thank you, jon. host: our next guest served as the head of the national transportation safety administration. first he want to head back to the floor of the washington auto show

gm and chrysler? caller: yes. could we have done a partial buyout and try to have gm and chrysler, with the other half? in 2009, the obama administration opted to give gm significantly more cash than they needed because they were afraid congress would not agree to a second bailout, so they gave gm far more money than they --ded add a dash at the time at the time. in retrospect, some of the sayout officers -- authors they could have required gm to pay more of the money back and gotten more returns. hindsight is always 2020, but there are certainly plenty of alternative scenarios where the government could have been repaid more and the company would have been saved. obviously, we will not know if those would have worked or not. host: david shepardson is the washington bureau chief of "the detroit news." to ever talking to our viewers. guest: thank you, jon. host: our next guest served as the head of the national transportation safety administration. first he want to head back to the floor of the washington auto show

this does give chrysler and fiat more sinner gee. this gives fiat the bankroll, the cash flow it needs to restructure the european operations, and that's really crucial here. >> phil, over the years, it looks like chrysler is like a cat with nine lives, so many different configure rations and you sort of answered this, but i want to get more how critical is this arrangement for fiat to own all of chrysler? >> very critical. it has access to cash on hand at chrysler and using some of that to pay the 41.5% steak. it can invest in the two lines where it really wants to expand. first of all, chrysler and other overseas market, primarily a regional out toe maker and two, the luxury lines for fiat and talking about mazaraddi. they think they can have great growth. that's what they are looking to do over the next year or two. >> alfred was here a few years ago, hasn't been a major player in, you tell me, decades, will we see e more of them in the u.s.? >> not since 1995 but the first to go on sale will be the 4 c and an expansion. why is th

chrysler was bought for essentially. essentially bought for two and a half billion of its own money. they will pay the uaw health care trust fund, an additional 700 million over the next four years, again, out of chrysler's own money. a pretty sweet heart way to do the deal. take a look at the bailout scorecard. a lot of people said kamal did we just bail these guys out? welcome the investment, 12 and a half billion. much of that in loans which were totally repaid. the rest was sold by the u.s. government at a loss of about a billion. the italians say, hey, we have been working really hard on this and deserve it. this is what we wanted, when the present. we will be talking to him at the detroit auto show. it should be interesting. they have access to $8 billion worth of cash. they can do what they want with that potentially financing operations. all lot of people are concerned about that. cheryl: all right. jeff flock live out of chicago. thank you. happy new year. fifty minutes to go until the bell rings. you just heard

dameler chrysler was around ten years. chrysler has been owned before by a foreign company.ll this does, think of this as a massive tidying up operation because fiat has wanted to get its hands on chrysler and the united autoworkers and its pension fund, which have take ain't large stake, 41% after the bankruptcy, they wanted to get out of the stake. there was a very nasty possibility of the battle over of an ipo, a public offering. >> right. >> what this does is bring it altogether. and finally recognizes that the italian company, fiat, now owns chrysler. >> so, richard, what does this mean in terms of jobs? that's the first question people have. is it going to impact the number of jobs people have? are the cars going to change? are we going to see tangible differences here? >> no, and you shouldn't because fiat has had its sticky fingers all over chrysler since day one in terms of sharing of technology, manufacturing, and future plans. the leader, the ceo of fiat has been running both companies. look at how the company's done. if you look at chrysler's share and the share

a lot of chrysler's own cash. a real coup for sergio marchionne yesterday. of 6%.e have a gain the 45th consecutive month of sales gains. the best december sales chrysler have seen in six years, better than they have done since 2008. 9%.-year sales are up about the strongest annual sales growth since 2007. marchionne isgio a self subscribed corporate fixer. we will have figures out from ford, gm, what do you expect? >> ford is expected to post sales growth of about 4.3% in december. gm is expected to be 1.5%. more interestingly, we are expecting all three u.s. usemakers, and i will "u.s." because chrysler is technically italian. all three will show gains in u.s. sales. that is the first time they have done it in a decade. whenthe exception of 2011 japan was slammed with this and not me that's outnumbered action withnda and -- was slammed , they have not done it. >> millions of people are waking up to a snowy landscape brought up by a blizzard. bloomberg meteorologist bonnie schneider is with me. where is the storm

it values chrysler at $10.5 billion.e first time of the year, phil los angeles b lebeau from chicago. is this a better deal? >> i think this is a better deal for everybody all around. at the end of the day, you have a deal that gives sergio merceoni what he desperately wants, which is complete control plus the cash flow from chrys r chrysler. and for the truck, they didn't want to go down the road of an i on. as much as they talked about we want to be fairly valued and make sure we're getting everything we can, for the 41% stake in chrysler, an ipo would not have done any good for either side because you would not have gotten as much valuation as they have gotten with this deal here. so for all parties involved, this is probably the best outcome. >> yeah. i've got to close fairly quickly, phil, as well. how well is the chrysler doing at the moment? how well is it going to do this year? what's it gots got up its sleeve? >> well, it's doing well. for 20 13, sales were slightly better than an industry as a whole. the big is

italian chrysler has logged sales gains for 45 months in a row. fiat now owns 100% of chrysler.d missed the december sales estimates as u.s.-like vehicle sales rose just 1.7% compared to forecast of 4.3%. worst of all, gm reporting december u.s. light vehicle sales down 6.3%. what about toyota? >> really disappointing across the board and not just for detroit, but toyota as well. both general motors and toyota saw declines. their sales fell month over month. >> we haven't seen that for a while. >> we haven't seen a prolonged a long time. you know what they're siding -- citing, cold weather. ford missed the estimate. chrysler missed the estimate. gm and toyota as well. there are still superlatives for these carmakers. they're having record months for certain models. ford had a record month for the fusion. the best selling month for the fusion of all time. general motors had a record month for the corvette, the best month for the corvette since 2006. not a car, but the corvette, the gm doing quite well. they did not miss by little, they missed by a lot. a drop of more than 6%. we

chrysler is doing very well.better if they brought cherokee to market when they said they would. it was late 2 months. >> he needs to focus on growing the business and getting the right models out there. >> they are in investment stage. a couple of weeks ago at the detroit show, looking at the new chrysler 200, they invested $1 billion into that plan. it is a game changer for chrysler. they're looking to do the same in may. we will see the combined architecture for offer on mail rd chrysler -- a r -- alfa omeo and chrysler. it will be where the future is decided in terms of product. >> for sergio marchionne, how much does it have to do with his personality? he is aggressive, no-nonsense. >> if they can pull off the brand strategy with the new platforms, investment, technology and the right ways -- they have the brands. it can also go the other way. it is entirely how they can invest it and if they can pull it together. then it will survive. >> how much time are we giving him? 6-8 months? plan,terms of outlining a

the chrysler bailout. all this evidence that it's time to stop bailouts for good. happy new year, i david asman. welcome to "forbes on fox" in focus with steve, elizabeth, sabrina, rick and john. steve, stop all bailouts. >> dav, it's got to be done, but sadly it's not going to be done this ye. this resolution will be violated. the insurance companies are in bad shape. one of the reasons why. and they have this thing called risk in that crazy legislation will give the government the discretion in their view to give money to keeps they think need it. >> didn't we find out with the auto bailout, fiat buying all of chrysler they don't work as they originally plan to. >> let's make a separation here. i think -- i'm not quite on board with what you're all saying about the potenti for bailouts in the health insurance law. the risk corridors were programmed in, built in, there are rules governing how they may or may not be used. i am however, kind of with you, kind of with you on the fiat thing. i don't mind that

man whous here of the is the ceo of both fiat and chrysler is to get chrysler to deal,r the bulk of this $1.9 billion coming from chrysler. >> the other part of the genius is the total price way below what analysts expect it. hitting it basically on the cheap. hero? is the -- getting it basically on the cheap. >> the advisors to the united workers health care trust. they made this play to take chrysler public. basically a backdoor public offering. by virtue of shares by the united auto trust. that did not work. kind of the smoke and mirrors type thing that did not work out. >> you see it linked right away. the yield above four percent for the first time since may. what else? weinboehner,r -- john signaling he may back a series of changes to the immigration law. congress might finally reach a compromise. i would say is his aides are talking about support immigration law and a step-by- step fashion. those that want to see an omnibus bill pass on that they would get everything done at once. will not happen. >> we will have to talk to phil mattingly about what is really going on behind the s

ford, chrysler, or gm. they are all -- like i said the thugs, the union thugs they get back to this guy in the white house. it's no different from what bob mcdonald did in virginia. they should be brought up on charges. >> host: how has the bailout impacted unions for the auto companies? >> guest: it's been a mixed bag. certainly it's been good that the companies have survived and continue to add jobs, but as part of the bailout, the unions took very dramatic concessions. new workers of the company a post bailout only made $14 an hour as the uaw president noted. for a family of four, that's -- a uaw worker would qualify for food stamps in the most recent contract the wages have started to go up. there is still dramatically lower than the older workers. so certainly significant concessions, but the caller is certainly raises the anger a lot of people feel that the unions -- especially in the case of the chrysler case put a head up on the creditor and general anger about the bailout. >> host: going to me meli

chrysler also got much smaller. these companies basically became size of that they could be profitable with a much smaller overall on the market says. since 2009 industry sales are up last year was 15 million, the best in six years. the market will be above 16 million which will be the first time since 2007 and really back to the new normal for the industry. >> there is a chart talking about the rebound in auto sales. you can see the there a vehicle sales up until 2013. been talking about gm and that's the questions, some of the many of the treasury department lost since torn government efforts. as gm said anything about whether there will repaid at $10 billion of the government lost? says. >> this id will not repay because there're required to. 2009 -- it began during the bush administration, 25 billion president bush put into gm, chrysler, of finance companies. president obama added 60 billion. for gm to buy gm received about 50 billion from the u.s. government and the 10 billion from the canadian government.

italian carmaker fiat snapping up chrysler, acquiring the shares it did not already own.eo of both companies, the deal is a defining moment for fiat and chrysler, which will go down in the history books, but in italy, the tie up is not necessarily cause for celebration. >> that a little mouse from italy succeeds in obtaining and eating an elephant from the u.s. -- that seems unrealistic and contrary to the facts, so no italian really believes it. >> there is a lot of fear because fiat is the biggest private employer in italy. >> those doubts reinforced by the growing imbalance between the two companies. since stepping in to help save a bankrupt chrysler in 2009, the pair's fates have been reversed with the u.s. car market now recovering strongly as europe's falters. >> chrysler has had good sales numbers in the booming u.s. auto market. that alone will not help fiat. they will have to come up with new products, new cars, and they have not done that for 2014 and are only planning for 2015. rex the italian carmaker is planning on profiting from its american counterpart's cu

chrysler sales in north america are now booming after years of decline. the takeover will be completed in three weeks. click to find out how that big fusion went down on the markets, we went to frankfurt. >> fiat and chrysler, that is the news of the day. no ipo but instead toning the companies together 100%. that will allow the fiat boss to take control of the things that are inherent in the union. merging the technical activities, for example as he wishes to do so. size is everything in the mass automobile market. that is what the experts say. there was not this kind of spectacular news to propel shares further up where. -- upward. still, people remain optimistic for 2014 because many of the factors for higher share prices remain in place. >> a quick look at those raw market numbers. starting in frankfurt with the dax. are they coming in. the dax is down by 1.5 tonight. the euro stocks are down by a similar amount. the dow jones industrial average also trending down at the moment i 7/10 of a percent. the euro is the down. >> some stellar performance for

so fiat needs the scale of chrysler to create a global and also because of the profits from chrysler. host: some stats on the european auto market. a story from last week. new car registrations totaled about 12 me and vehicles for the year, the smallest number since 1995 -- about 12 million vehicles for the year, the smallest number since 1995. smaller than some analysts protected. a dismal start, and then december, a gain of 13.3% from a year earlier, the biggest monthly increase since 2009. we have been talking with viewers this morning about the auto bailout, asking them whether they thought it was worth it or not. can you talk about the companies involved in the bailout and what their sales were in 2013, the state of their business right now? guest: sure. three primary companies got the auto bailout. gm, chrysler, and allied financial, which was the former lending arm of gm known as gmac, which during the auto bailout crisis was tapped to provide loans to both gm and chrysler. gm and chrysler are doing very well. they are making billions of dollars in profit. chrysler reported ove

we saw a brand new chrysler 200, which is very, very cool. we also saw a new pickup truck by ford. it weighs a lot less than your normal car, and because it weighs less its supposed to have better fuel efficiency. >> good stuff coming out of detroit. bisi onile-ere, thank you. our ali velshi is also at the detroit auto show where he'll be talking with some of the biggest names in the auto industry, you can see that right here on al jazeera america. >>> buying customers, it seems strange, but in the world of social networking it's a reality. >> next we consider sacrifice and whether saving some members of endangered species is worth assault. afghan president karzai is long accused the united >> welcome back to al jazeera america. i'm stephanie sy. here are today's headlines. foreign dignitaries including vice president yesterday biden are in israel paying respects to ariel sharon, who passed away at age 85. >>> secretary of state john kerry and the foreign minister of russia meet in syria. they're proposing prisoner exchanges, aid and cease-fire in syria. >>> the water may soon be b

chrysler right at the industry average.you take a look at a graph of what gm has done with its prices as opposed to what dime x chrysler has done, they go in opposite directions. here you see gm and yellow, prices climbing, climbing, climbing. and i'm mark, the big luxury maker of mercedes, lowering significantly. >> and they also brought out cheaper models. >> they're really getting that entry-level luxury market. thean carmakers across board are lowering their prices. copies are raising prices. maybe that will have to change because were looking at so much inventory on the lot's of u.s. carmakers right now. seasonably, it is a slow time. you don't go out and buy a car in january because it is cold outside. maybe we will see a reversal. maybe we will see these companies have to come back on their prices, although, they definitely don't want to. >> land rover also having a tough day. some of the 2013-2014 vehicles are being recalled due to potentially faulty side airbags. i have a 2004 and i don't think i have airbags on th

fiat buying out chrysler. makin chrysler italian owned.g for .5 years after president obama brought in fiat to save amican jobs. our guess that this is his is what happens when governmen wheels and deals. >> who would've thought. melissa: it blows me away about this. their sales have slipped the lowest in two decades. propping them up. the map why do that. why do that with a failing company. look what the obama administration dead. >> and you know, the taxpayer basically gave the italians their company and we get nothing. melissa: they say that they get credit and error all these new models that came out and this is why chrysler is up and running. then give us $3 billion that we lost in the bailout. >> it's actually more. and i would agree with you here. melissa: oh,y goodness. [laughter] >> i'm continuing to support the bailout. and chrysler was not able to get financing of the time. so i like the blout. here's what i don't like. >> it's chrysler. in that taxpayer dollars are going die. >>nd it's going to be chinese jobs that it's creatin

tlanel car maker fiat when owns a major chunk of chrysler says ist own of chrysler for 3.6 million.te house brought fiat in to keep chrysler in as part of a bankruptcy proceeding. the take overof chrysler is expected to be an important step of initial public offering of chrysler. an ipo could happen the nextzfo three months. chrysler has enjoyed the comeback under fiat and began making a profit again in 2011. >>> first day of trading in the new year and i want to take a minute to go over some dow milestones. look at this. amazing what the dow gained. the fourth quarter the months from october through december, the dow gained 1,047 points or almost 10% and for the month oi december, the dow gained 490 points or 3%. wow. so when you take it all together, you have the dow up 26% last year. the nasdaq up 38% and the s&p 500 up 29%. you know it was the best year overall for stocks? since 1997! big donors feeling generous last charities. 15 individual donations exceeded at least according to the million and mike bloomberg, now the former new york mayor, gave 350 million to his alma mater

yet already owns fifty point five percent of chrysler shares they will buy the remaining forty one and a half percent from a united auto workers union trust fund the deal is worth more than four billion dollars. the ad began funding chrysler in an attempt to help the us company emerged from bankruptcy in two thousand and nine. the ceo of eon and chrysler sergio martino he is said that the unified ownership structure will be able to fully execute the vision of creating a global auto maker. and now here's the weather forecast ay ay ay ay ay ay ay ay ay ay ay ay ay. i know. visitors to japan have kicked off two thousand and fourteen on the slopes of one of the country's most recognizable landmarks guys at the mt fuji visitors center shared a little of their culture. the guys put on traditional clothing than explain some of their customs their guests didn't pass up on the photo opportunity here i think it is and it is incredible that you can keep the costs are like that and i don't know a lot about it but i do know. then during the baking sheet at people and keep those traditions alive. ab

ciao, chrysler. italian carmaker fiat buys the rest of chrysler. we will take the new company for a test drive. >> and getting home, a massive storm is coming. we will talk to an entrepreneur whose black car app will surge pricing. >> vintage 2014. champagne glasses are back on the cupboard shelves but there's more where that came from. we will take a cross of the high-tech future of winemaking. happy new year, everybody. you're watching "market makers." i am erik schatzker, here, 10:00 in new york city. >> i am carol massar, everybody. stephanie ruhle is off today. >> we have raking economic news. this is a gauge of the u.s. manufacturing economy. just coming in right now, 57 is so reading, the economists we surveyed were looking for 56.8, so call it in line. above 50, carol, indicates an expansion, so it is not the u.s. manufacturing economy is on fire, but it is growing. for thers more evidence continuing growth of the u.s. economy. with all that final reading on third quarter gps 4.1%, surprising just about everybody. >> and that latest regan m

chrysler, for example.nd it might be an okay car if it has a lot of horsepower, but that design looks like something that should've been out 20 years ago. you might as well make it look good. just because it's an expensive doesn't mean that it doesn't have to look good. so this is not the first shot of gm. they did it 20 years ago. and they didn't want the technology to get out. toyota and honda jumped on it and that is why they are at the forefront right now. so gm will have to rectify that problem. >> host: this is u.s. car sales as you might imagine. it was having the best change in percentage in terms of sales and gm of 2013 overall. i've just under 10%, ford is up 10%. chrysler is up just under 10% as well. toyota is also up in the united states and volkswagen and volvo and hyundai. losing market share in 2013. so that is courtesy of the financial times. if you want to read more on u.s. car sales on their core technologies and business page, and let's go to jim and tennessee. he owns a foreign car. wha

this gives fiat complete ownership of chrysler.low to help with fiat restructuring and expansion into europe and asia. after the deal was announced yesterday, search i don't said in the life of every major organization and its people there, are defining moments that go down in history books. for fiat and chrysler, this is clearly one of those moments. you might say what does the veba trust get out of this which sides from the critical cash it needs. it also has agreed to further commitments for supporting fiat and chrysler in terms of world class manufacturing, getting them all on the same page. this deal is expected to close by january 20th. take a look at shares of fiat over the last year, up 62% enjoying a nice move along with the rest of the auto sector around the world. and we mentioned about the ipo. nobody thought that that ipo that was being proposed by the veba trust was ever going to fly. i talked with one banker about two weeks ago, he chuckled at the idea of this ipo ever coming to the market. what we could see, maybe a

he can still use this plus get access to the cache file chrysler has. he can use that to do a launch on this project, this $9 billion investment to try to make fiat, i guess, sexy again by selling retro cars, luxury cars that people really want. it's really important. >> it is helping solve the ongoing problem, the slowdown in europe. >> at the end of the day, you still have to sell cars people want to buy it. i have a plan to try to do that but it's anyone's guess as to whether they will be able to alone off. they are facing major competition in the united states. gm is doing rather well. ford coming out with 23 models this year. in theo have to keep up u.s.. >> the competition is on. >> look at other markets like china. 1, the european union lifted restrictions on free movement of migrants from romania and bulgaria, the latest countries to join the european union. european editor david tweed is in london. this results in a lot of debate here in the uk but the concerns are not just here are they? >> he might be surprised that it's not just isolated in

ciao, chrysler. italian carmaker fiat buys the rest of chrysler.mpany for a test drive. >> and getting home, a massive storm is coming. we will talk to an entrepreneur whose black car app will surge pricing. >> vintage 2014. champagne glasses are back on the cupboard shelves but there's more where that came from. we will take a cross of the high-tech future of winemaking. happy new year, everybody. you're watching "market makers."

chrysler, $650 million was the profit in the fourth quarter. as for fiat as a whole, if it wasn't for chrysler, they would be in the red. they would have reported a loss for the fourth quarter. but they posted a slight profit because of chrysler. take a look at shares of fiat, down 5% today. again, guys, they are not moving these headquarters. they are still going to be in auburn hills as well as torin, italy. back to you. >> thank you very much. >>> as you know, emerging markets fears continue to rattle investors. we also have the fed's latest decision on interest rates and perhaps more tapering in just over 30 minutes. how traders are positioning themselves as we head out. and the biggest losers in today's trading, mccormick down almost 6.5%. boeing down 5.5%. at & t and sprint are also down. back in a minute. plus -- >>> coming up, power pitch. this startup wants to reinvent the wheel. >> you feel like a hill disappeared or the distance has shrunk. >> does it have what it takes to pedal to success? stay tuned. nd. with fidelity's guaranteed

chrysler told us customer safety is paramount at chrysler group a cordingly sufficient time was needed engineers to design and validate the appropriate parts not all vehicles affect by the recalls will experience problems all vehicles that may be susceptible westbound repaired for customers. >> if you have one of the trucks mentioned call or go to a link i've provided on abc7 news.com. there, you'll find more information about the manufacturing dates covered by the recall. the best thing to go get the information checked. >> coming up a preview of some of the super bowl commercials >> why their live span is >>> there is a good chance all fans will be watching anyway. not necessarily for the game but because of the commercials. >> an ad expert about why the super bowl is the championship game for the world of advertising. >> it only lasted 30 seconds. but changed advertising >> marketing professor has been obsessed with super bowl ads since he was little. he remembers this one. >> master lock company. spent 100% of the ad budget on one ad >> now he says sheer expense why have buying an

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. >> reporter: meanwhile, chrysler's ceo is vowing to boost car sales with the new chrysler 200. and now that fiat owns all of chrysler, he admits the italian automaker may launch an ipo of chrysler at some point in the future. but an ipo is possible at some point in the future. >> certainly in the u.s. market it's possible. >> reporter: one more reason this year's detroit auto show has an energy we haven't seen in years. with a slew of new models coming, automakers expect sales and profits to be up for a fifth year in a row. phil lebeau, "nightly business report," detroit. >>> and that's it for us, "nightly business report" for tonight. i'm susie gharib. thanks for joining us. >> i'm tyler mathisen. have a great evening, everybody. see you back here tomorrow night. >> "nightly business report" has been brought to you in part by -- thestreet.com. up-to-the-minute stock market news and in-depth analysis. our service provides objective independent ratings daily on over 4,300 stocks. learn more at thestreet.com/nbr.  (♪ theme music ) (♪) matt elmore: welcome to imagemakers a weekly

. >>> italian auto maker fiat has struck a deal to gain full control of chrysler group. once finalized, it will create the world's seventh largest automaker. f fiat deal is worth more than $4 billion. fiat began funding chrysler in an attempt to help the company emerge from bankruptcy in 2009. the ceo of fiat and chrysler says the unified ownership structure will be able to fully execute the vision of creating a global automaker. >>> indian women are breaking with tradition. they are finding jobs in workplaces traditionally dominated by men, but challenges remain, even for women are skilled, acceptance in the workrce may be some time coming. nhk world kyoko fujita reports. >> reporter: students at this job training institute near new delhi learn how to assemble electronic parts. the government is promoting women in the manufacturing industry. it's a sector that economists predict will grow. there are around 9,000 schools like this across india. more and more women are knocking on their doors. they want the better jobs that qualifications can bring. >> translator: i want

. -- aarted with chrysler disappointing month not just for chrysler but general motors as well. matt miller will bring us up to date. how disappointing. >> really disappointing across the board, and not just for detroit but for toyota as well. both general motors and toyota saw declines. their sales fell month over month. >> we have not seen that for a while now. >> we have not seen that for a long time, and you know what they are citing? >> what? >> cold weather. >> i knew it. >> i don't understand people who do not understand it is cold in the winter. it is warm in the summer, cold in the winter. >> think of this there is a little more sarcasm and cynicism here because there was not enough already. >> i guess i am just filing on. ford missed the estimate, chrysler missed the estimate. gm and toyota as well. they are having record months for certain models. for example, ford had a record month for the fusion. the best-selling month for the fusion of all time. general motors had a record month for the corvette, the best month for the corvette since 2006. the best month of decemb

this past year chrysler made a roaring combat.just four years ago ford was in trouble and gm and chrysler were near bankruptcy. and now they've rebounded and then some as bisi onile-ere the future looks even brighter. >> reporter: the big three automakers are on a roll, chrysler, ford and general motors are on a record pace to close 2013 exporting more than 2 million cars and trucks around the world. >> there are still many more imports than exports, but experts will grow for the next three to five years. >> reporter: the turn around comes four years after ford was in financial turmoil and chrysler and g.m. were nearing bankruptcy. ford went through a majoring restructuring and g.m. and chrysler both received government bailouts. u.s. scars once scorned overseas for a poor quality are now in demand. why? >> automakers have adopted kind of a global strategy where instead of building specific vehicles for specific markets. they build one vehicle that is appealing to people across the world. >> reporter: the top two export markets ar

i grew up with the big 3, ford, gm and chrysler. there's hyundai, toyota, and honda.his is a global market plate. >> the auto makers wouldn't be investing in the kind of money to build any of these exhibits were the business not there. and you could feel the confidence, you could feel the optimism, it's a very, very exciting time. >> reporter: they are back on the road to recovery but in a short time the u.s. auto industry has traveled far. >> and we are expected to see about 50 or more vehicles unveiled dural the auto show. stephanie, this is the f-150 pickup truck, as you mentioned, made of aluminum, lighter than more vehicles and a whole lot more fuel efficient. this is one of the most popular vehicles so far this week or today, here with the auto show back to you. >> great to see some optimism coming out of detroit, bisi bisi onile-ere, thank you. >> in the world of social network, a reality. on techknow, our scientists bring you a sneak-peak of the future, and take you behind the scenes at our evolving world. techknow - ideas, invention, life. on al jazeera ameri

which owns the 41% of chrysler, so essentially they bought chrysler with chrysler's on money.ome have some concerns about that. dagen would say we have been working our hot off. we ought to derive some benefit from this. so i think they have. >> got me off the street. dagen: standing out in chicago, watching the storm that is hitting that city in the midwest. i don't know how you're staying warm, but i hope you are not freezing to death. >> 20 degrees outside the with the wind chill, 80 miles per hour, feels a little bit more like six, this has been going on for about three days now. the snow has been a foot in many areas around the great lakes, the snowdrift building up to several feet, the snow plows are out on the road. entire fleet has been able to be out on the streets almost nonstop for the last three days and that is expecting to continue today into tomorrow as well as we expect to get much more snow. much more in a minute. yesterday all of the snow caused 60600 delays. moving throughout today, expecting another eight to 10 inches on top of that. all the areas across th

to let him gets the cash that chrysler has and that chrysler was generating and do it to reinvest in the european auto market is that a bottom, try to kickstart that part. and then execute globally. car thatid electric gets charged from the sun. this thing is a ford. the ceo will unveil the new concept car next week. since 80% of the electricity in the united states -- going solar makes the car totally green. we are back. a new year means new laws. the federal aviation administration trying to integrate drones and commercial airspace. -- in commercial airspace. why these sites are so important. >> this is technology that shows great promise, but it also brings with it significant challenges. what the test sites provide is a structured framework where we are able to conduct research, conduct test operations, and really understand how we can safely integrate these into the national airspace. >> how will these test sites work? breaking this whole thing down. the faaesponsibility of is the safety of the airspace. that thisto ensure goes safely. the creation of these six test sites -- the