and europe are chrysler, italian-american and ford.ry carmakers bmw and largees-benz, they have a factory -- have large suv factories in the states and suvs are the segment of cars which are the best-performing large and they are also becoming more popular improves as mileage for those models. matt: let me quickly ask you, you mentioned this is sergio's att year in the ceo seat fiat chrysler. he has made over the years some really big statements about his particularly a couple of attempts to start talks with general motors about a sale. people lately have been talking about other possibilities for tieups, hyundai has been one talked about as a possible collaborator. even google has been one that ed niedermayer has been talking about as a partner for fca. do you think investors expect them to start looking for another buyer or unloading pieces of the business, for example, jeep to unlock value the way he did with ferrari? tom: the jeep -- i have seen one analyst saying jeep might be the next target for a spin off, but the thing is, jeep

and just last week the international automaker fiat chrysler announced it will invest $1 billion in the truck assembly just outside of detroit. the production line for ram, heavy duty trucks is leaving mexico and coming back to america. this will create 2,500 new jobs and inject relief right into the local economy. according to officials who announced the change, all this is only happening, mr. president, only happening because tax reform is remaking the business climate in our country. and besides the revival in manufacturing, fiat-chrysler announced a new wave of $2,000 bonuses for 60,000 hourly and salaried employees. they will join a growing list of more than 150 companies that have announced plans to distribute significant bonuses, permanent pay raises, more generous retirement contributions, or other benefits to their employees all, mr. president, thanks to tax reform. prior to tax reform, companies that wanted to manufacture goods in america and hire american employees faced the highest statutory corporate tax rate in the developed world. american workers were ready to clock in b

we do have chrysler as one of the big gainers. fiat chrysler is up 30% in 10 trading days.than 30%. bloomberg had an interview over the weekend so there is a lot to talk about their with fiat chrysler. takeover speculation is up. glencore is a gainer. miners are on the wind side of the ledger. you do have an oil producer on the winning side of the ledger. total. a very heavy company on the stoxx 600. let us talk about the u.k. construction group, carillion. it says it will take steps for compulsory --. benedict bring in hamill. he is our editor for global business here in peru -- here in berlin. why could they not get a bailout that was speculated earlier? they went into the compulsory liquidation after a weekend of emergency talks in the government and the different stakeholders and the government decided it did not want to bail them out. they needed about 300 million pounds to keep that going. the government took that harsh decision to not keep them going. it is not a tradition in the u.k. to bailout. it said -- this is up to you guys to figure it out. you have to find a

he got chrysler up 30%.ake a look at some of the losers as far as the stock exits hundred movers switch it up to bring us the red. as far as the losers, you have auto trader group, which is interesting that. there has got to be news. loser. also a but you are not seeing quite a losses as far as size and scale on the gaining side of the ledger. it looks like we are going to have a positive day in european stocks. guy: let's think about what's going on in terms of these markets. the dollar heading for its fifth week decline. the speculation that policy tightening could come sooner than expected. going to be a factor in all of this. the euro is going to be something to think about today. u.s. cpi a little bit later on which could be a factor in that as well. we have got a decent start for equities so far this year. generally, european stocks have done well. the is a solid start to year as well. europe is trading higher. the ibex is up by .4%. we are watching as well what is happening on the political front. wit

chrysler as an example is leaving mexico and coming back to the u.s. unemployment is nearing record lows. we are on the right track.

chrysler as an example is leaving mexico and coming back to the u.s. unemployment is nearing record lows. we are on the right track. here to weigh in stuart varney host of varney & company on fbn. we are back in business and we're on the right track says the president. >> you ain't seen nothing yet says me. next week anybody who pays tax, federal income tax, their paychecks go up next week. and you've got another round of bonuses coming. increases to 401(k) plans coming. you have the big technology companies next week, they will be bringing back hundreds of billions of dollars to the united states. where is it going to go? some will go to shareholders. some will go to the workers. you already have a growth rate of better than 3%, going towards 4% at the end of this year.

liz: when you worked for chrysler, an average car had parts sourced from elsewhere? >> oh, well over 50% probably. if you think about even the seats that were assembled in the u.s., the material in a lot of the components underneath those, the sensors, the motors, all of those were imported from various countries. liz: this is what the auto coalition said, don't change, this is what they plead from washington and the president. don't change in the middle of a comeback, we're winning with nafta. >> yes. liz: if you could say one thing that the president is right on and where we should get rid of or modernize part of nafta, 24 years old. it's got to be modernized, what would that number is. >> i would be in favor, quite honestly of what he's doing. again, his focus has been america first, returning jobs to the united states. if you think about nissan, just opened a plant, right, in alabama, or going to. liz: so did samsung. >> so did samsung. liz: washing machine plant in north carolina. >> here's where i thought the administration was going to go, when they put the ta

. >>> welcome back to "fast money," breaking news on fiat chrysler phil lebeau is on the fast line. >reporter: phil, this is a big announcement from fiat chrysler all in relationship to the savings the company will be receiving from the new tax law it will be investing $1 billion in the warren heavy duty truck plant. as part of this, it will be moving its ram heavy duty production from a plant in mexico to michigan as part of that move it will add 2,500 jobs finally, the company is saying it will give its 60,000 hourly and salaried workers in the united states a bonus of $2,000, in addition to the normal profit-sharing the company does every single year. again, fiat chrysler making a big statement, saying because of the changes in the tax law, it's time to invest in its footprint in the united states it's moving the ram heavy duty truck production from mexico to michigan, adding 2,500 jobs, and investing a billion dollars at the warren truck plant in michigan melissa, back to you >> thanks a lot, phil lebeau, with the latest on fcau. first of all, this hits at the impact, the positive

oh, and by the way, fiat chrysler is also handing out $2,000 bonuses to 60,000 workers., you know, just like those recently announced by wal-mart, at&t, american airlines, waste management company, ban bank of america, comcast and nine other major corporations since trump's tax reform became law. and by the way, let's not forget these are bonuses that nancy pelosi derides as, they are just crumbs. confounding the experts, jobs are coming back and the trump economy is really beginning to roar. trump is the first republican president since ronald reagan to oversee so much tremendous economic news and he did it without a magic wand. stay with us because, when we come right back, we're going to tell you how one former cnn host was fired for a tweet disparaging president trump so will the same fate befall a host who did the same thing last night? night? that's next. and sometimes, i don't eat the way i should. so, i drink boost. boost high protein nutritional drink has 15 grams of protein to help maintain muscle and 26 essential vitamins and minerals, including calcium and vi

the ceo of fiat chrysler why he says consumers could pay the price if nafta unravels.cn plain why bioi unve [ click, keyboard clacking ] [ click, keyboard clacking ] [ keyboard clacking ] [ click, keyboard clacking ] ♪ good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. talk to one today and see why we're bullish on the future. stay with me, mr. parker. when a critical patient is far from the hospital, the hospital must come to the patient. stay with me, mr. parker. the at&t network is helping first responders connect with medical teams in near real time... stay with me, mr. parker. ...saving time when it matters most. stay with me, mrs. parker. that's the power of and. >>> the north american free trade agreement taking center stage at the detroit auto show phil lebeau is there and joins us with more. >>> a lot of executives we talked with said we expect there's going to be some alteration to nafta. they don't expect it to be completely torn up but they don't expect it to remain as

jeff flock is life with the ceo of d at fiat chrysler. plus, the latest on the california mud slides. a huge stretch of i101 is closed. season four of a strange inheritance. we have a lot going on right now and of course we begin the second. we are live. i want to do it like the hostage tapes. the proof of life. unlike our competitors. it's a good thing we are life for you. let us begin with this. just hitting the wires in the last few minutes remaining as prime minister amid a power struggle. there has been a vote i do see to quickly tell you because this is breaking pretty quickly here. there was a vote which forced him to resign hungry head who earlier this week appeared to physically threaten ethnic hungarians with autonomy. a crucial eastern nation. it is a mim ml of the european union. has a fiber accounting me. we are watching it very closely of the ousted leader in romania. the major ones are closed. they were trading until 1:00 p.m. eastern and look where they got us. they ended up hundred 36 points leaving them just 53 points aw

now, waymo uses chrysler pacifica minivans and fiat chrysler says there may be a problem with the 2017el. it's conducting a voluntary recall of the 2017 chrysler pacifica. the company says those minivans contain a software program that might cause the engine to stall. while the issue has been reported, there have been no reports of anyone getting injured. if you own one, you should contact your dealer or chrysler. >>> well, the surf might be up at mavericks. big wave surfers are waiting for the green light, waiting to find out if the world famous mavericks surf challenge is a go for this tuesday. not just surfers. thousands of fans plan to head to pillar point near half moon bay. many more will watch that live stream. >>> "today in the bay's" jean elle has more from half moon bay. >> mavericks is one of the best big waves on the planet. >> reporter: jeff clark put mavericks on the map. he's hoping to see the best surfers in the world ride the giants tuesday. the world surf league is on yellow alert. hours away from calling the mavericks challenge contest. >> i'd like to see really good

joining us now is bob nardelli, the former ceo of chrysler and home depot.e is also associated with the company xlr-8. about thetalking different fractures within the republican party. julie and i are talking about that you have the nationalist, populist wing, fronted by steve bannon, the mcconnell-paul ryan establishment wing, and the conservatives like mike pence and ted cruz. could there be a civil war? ob: this current rift between steve bannon and donald is really unfortunate. there are other distractions going on. in the't need that administration. we don't need it for the country. there are so many positive things going. if you look at the dow today, it is all green. we have a lot of rollback in regulation. we have this new tax bill. everyone can see some positives, but you hate to see this other distractions. that they have the tax cut behind him, what else do they have coming around? bob: infrastructure, there has to be common ground there. driving around the streets in new york, for example. there are areas where they can come together, not only to

stock of the hour, fiat chrysler -- i am vonnie quinn. stock of the hour, fiat chrysler.alyst expectations of strong car deliveries in 2018. joining us with more is taylor riggs. werer: the analysts expecting a low market could the auto sector. it has been the best performer of some of the major sectors in the stoxx 600. they're looking at solid volume growth and relatively stable pricing power to out the markets -- throughout the markets. he expects strong deliveries with fiat chrysler in 2018 and with vw, they are looking at it there is no major news on the emissions scandal, that will drive the stock and the whole sector forward. relative to at fiat some peers, allotted this is based-- a lot of this is on tax reform. they are still -- there is still a disconnect on what is priced in the market and what the company said they could do if they reached the low end of your business plan. that prompted the analyst at ever core to boost his price there to 21 euros, saying is a disconnect in the market and that there is further room for the upside. and: tell us about the plan

for chrysler corporation from 1968 to 1999. when my social security kicked in when i was 62, i had to take -- or they took $1000 away from my chrysler pension and then they paid my medicare. i paid medicare plus i worked for 31 years and am still losing a thousand dollars to medicare . my other issue is all the immigrants that have come in since 1999 or since the 1970's whenever i was working, how much deterioration has that done to the retirements of people retiring now? just like i looked on the tv and they said at&t and boeing and all these other companies, they were paying them anywhere from $1000 to $2000. $2000 is not much when you have three or four grandkids and you want to take them to disney world. whenever they cut my entitlements, i can't even go to branson, missouri and see the shows. me.ncially that hurts whenever social security takes away money from somebody who is fully retired, that is wrong. that's an injustice. if you could start putting on tv every monday morning or every first day of the month how much ent

the recalls, which are mainly in north america cover chrysler, pacifica vans from the 2017 model year engines. the auto maker says there have been no injuries caused by the issue. however, there is one potentially-related crash. >>> no more faking out customers with altered photographs. the nation's largest drugstore chain is banning photo manipulation in its store brand makeup marketing and promotional displays. cvs says it will require other makeup and beauty brands to commit to a photo manipulation ban by 2020. those that don't face having an alert label placed on the images. the company is calling that a beauty mark. with some 9600 stores nationwide, cvs is one of the nation's largest sellers of beauty products giving the company significant influence over makeup marketing. >> we're going to watch a lot of people follow along. >>> there's a new trend. the eagle has landed again at south bay elementary school. abc 7 news was in milpitas where a male and female bald eagle are building a newist building a new nest. bird-watchers are flocking to the spot. and teachers are making the e

gm, ford, and chrysler are all unveiling new trucks. fiat chrysler is unveiling a new ram truck.is showing off the new silverado and ford is entering the small pickup market with the new ford ranger. ford is also making a new special mustang to commemorate the 50th anniversary of the steve mcqueen movie "bullet." this chase takes place in a garage. >>> ford unveiled the 2018 mustang bullet at the detroit auto show on sunday. it's due out this summer. >>> ahead, flu relief. doctors reveal what works best when you are treating your symptoms. because there are options. like an "unjection™". xeljanz xr. a once daily pill for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz xr can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests and cholestero

so this is the chrysler pacifica mini van from the year 2017 so this is a really big issue that chryslere owners of this car, they are going to upgrade the software, so far there's been one potential accident caused by this malfunction. no injuries but dozens of complaints. jillian: i'm scared for the next story, airline attendant, do not drink coffee on airplane, why? >> this comes from unidentified flight attendant, she told vice.com that you should not drink coffee because water that's used can be unhealthy. the water system that's used, it's the same water that goes through the bathroom system. that is what the flight attendant says, she says that the same goes for hot tea, bottled water is okay, the ice is okay and this goes along with other things that flight attendants have said about this previously, so depends on how you look at it, drink coffee with caution. jillian: i wonder why ice is okay. rob: comes on the plane, they don't make it on the plane. isn't coffee super heated, boiled, kills everything in it? i thought because they would spill it. plenty dangerous. you get free n

by the big three were down at least 14%, with the biggest drop coming from fiat chrysler, which said it will stop building cars in the u.s. and instead expand production of more profitable trucks and suvs. >> it's an interesting example but they're a little bit different than most of the industry. when they initially announced canceling small and mid-sized sedan production, the plan always was to replace those vehicles with other vehicles. and then it just never happened. >> reporter: what changed? just five years ago, fiat chrysler made a big deal about t build the dodge dart at its plant near rockford, illinois. si then, the combination of relatively cheap gas and a greater selection of more fuel efficient crossovers and suvs has convinced a growing number of americans to ditch their cars and pay a little more for something bigger. >> the gap between a small and mid-sized de ed sedan in fuel e is smaller than ever, and consum jumbping on that. >> reporter: sales of suvs and crossovers were up 6% while overall auto sales declined last year. there are still assembly lines cranking ou

. >>> and fiat chrysler shares rally as the company promises company bonuses on the back of u.s. tax reform and unveils a billion dollar investment in michigan ♪ >>> now, on to one of our top stories, german lawmakers reached a break through in negotiations to form a coalition government according to reports. this allows them to move on to formal coalition talks a coalition paper says the cdu and spd want to strengthen the eurozone by partnering with france it says germany is prepared to boost contribution to the eu budget and germany's domestic budget will be balanced without new debt we've seen quite the reaction in euro/dollar. we had a bounce in the currency pair following on from the hawkish ecb minutes. you can see again euro/dollar is having a strong day today, up 0.7% in trading. breaking through the 1.21 mark for the first time in a couple of years now, let's get out to annette in frankfurt. what can you tell us about the so-called break through we are just reading about in the talks? >> actually, if you look into the details of that break through, when it comes to the t

we learned last week that the automaker fiat-chrysler is renewing production lines in america where prohibit tif business taxes once stood in the way. now 2,500 new jobs are coming to detroit thanks to tax reform. just yesterday i was pleased to announce that humana which employs more than 12,000 kentuckians sf accelerating pay incentives and increasing its hourly wage because ever tax reform. the good news keeps coming. toyota and mazda are doubling down on existing investments in the u.s. announcing plans to create 4,000 new jobs in huntsville, alabama. the world is noticing that america is open for business and in large part it's because we've shaken off an outdated burdensome tax code. reforming the tax coald was not easy -- code was not easy. it was made even more challenging when none, none of our democratic colleagues in the house or the senate, not one, stood with taxpayers and job creators to vote for this once-in-a-generation tax relief. but thanks to republican majorities in congress and a republican white house, the benefits for working americans are just beginning. on another ma

. >> reporter: now, chrysler is ordering a software update under a rare set of conditions a vehicle's engine control module may incorrectly assess the engine's operating status. if this occurs the engine may stall. chrysler says most of those stalls happen at a low safe speed and aware of one accident related to the issue and no injuries. >>> took san francisco fie firefighters to contain a fire in knob hill. >> firefighters say there was heavy smoke i in the back of th building and flames between that building and another building next door. no one was hurt. investigators say the fire appears to be accidental. >>> fire at a senior living facility in antioch. 50 residents need to find a place to stay. >> reporter: there was panic in getting 49 alzheimer residents evacuated and on buses. the fire started around 2:00 in a laundry room. residents were evacuated and no one was injured and no one taken away in the waiting ambulances. mass casualty event declared because they needed to find housing for 49. >> red cross is coming with cots that are for handicap accessible. they are raised co

according to the "times," buy pursuing a partnership with fiat chrysler, the chinese-owned state -- the chinese state-owned company g.a.c. automobiles hopes to enter the u.s. market through the back door. it would be the first chinese carmaker to sell in the u.s. if they were to do so, they would face a 2.5% tariff here in the u.s. meanwhile, if the u.s. automakers sold cars in china, they would face a 25% tariff, ten times higher, and would have to compete with state-owned businesses and unfair regulations. so while china prevents u.s. automakers from gaining a foothold in their country with prohibitive tariffs, what the "times" called, quote, the highest trade barriers by far of any major car market, they are plotting ways to eat into our market. it's manifestly unfair and a typical, unfortunately typical example of china's rea rapacious trading policies. president trump in his campaign won a lot of votes by promising over and over again that he would crack down on china's mercantilism, but once in office, unfortunately, like so many other of his promises and commitments to working am

shares of fiat chrysler in the last year.re's specification that ultimately they'll make a deal and investors will be rewarded, that's why you see that spike happening in the september time frame. as you take a look at annual auto sales, which are coming out tomorrow, keep in mind, while we may see a slowdown in the overall pace of sales this year, it's only going to be in the 16.7, $16.8 million range. where whereas this year it's going to be around 17.2, maybe $17.23 million, melissa that's one of the top five years ever for auto sales, even compared to 2016 >> thank you, phil phil lebeau in chicago did you fast pitch gm? >> yes, and it's a stock i've continued to stay long gm has the roqbotaxi market. i think there's reasons to stay long gm. i'm short via chrysler this stock has gone ballistic. i'm also short ferrari there are places -- >> just valuations >> the valuation makes no sense. i realize people try to trade it in a different way but yeah, it's a valuation >> you're long several ferraris. >> a modest man. >> a hum

worker from a chrysler camp in belvidere said this will give me $400 in my paycheck. i thought this was for the rich. i guess it's for me now. it's just the beginning. at the heart of this law is really a lower tax burden for american families who are going to start seeing this relief very, very soon. last week the treasury that it announced has adjusted the amount the i.r.s. takes out of people's paychecks to account for this new law. it's estimated 90% of wage earners in america that it has will experience an increase home in their take-home pay starting in february. let me say that. 90% of america's workers will see increased take-home pay as a result of the tax law starting in february. this is incredible. the typical family of four earning the median income of $73,000 will see a tax cut of $2,059. that's more money to pay down the mortgage, save for a rainy day fund or take your kids on vacation. this is real relief for americans who more show they are living paycheck to paycheck. look, where i come from and jason comes from, it's pretty cold right now. your ener

bc that we have chrysler leaving mexico and coming into michigan. nobody has seen that a long time. have other major car companies coming into the united dates unveiled in -- and building big plants. people have not seen this in decades. i think in the end, they will never have seen anything like witches happening with our country. so many friends. summary great people. i know you very well. i appreciate it very much. thank you, thank you all. have a good time. [applause] president trump: thank you everybody. will you sit down with robert mueller? will you be sitting down with robert mueller?

at the same time, fiat chrysler continues to move higher >> phil la buff from the detroit auto show on ford. the stock is down about 2% in after-hours session. >>> compare and contrast with what gm has said it sounds almost kind of in line that 2018 would be as good as 2017 it's in the eye of the beholder and what you think of ford's prospects as opposed to gms prospects in terms of how you interpret it. >> ford's prospects are not as rosie. and the cap exthat they have to throw into autonomous. if anything, you would expect eps guidance to be better depending upon where they could see front loading of the tax impact to the taxpayer and their numbers. for full year december on u.s. cars, fords were probably weaker than gms they had a ihere amount of fleet sales. they had less profitable components to the overall mick ford is the one. and gm is exsensitive, and it's relative value here. >> i agree gm is the one. i think they announced we are closer to a beat they talked about meeting the higher end of the range. and also for next year's strength for ford it is a little under. i mean at

fiat chrysler announcing 2000 dollar bonuses the 60,000 u.s.mart saying bonuses handed out up to 1,000 as there are would increase minimum wage for their employees to 11 dollars, however, the top democrat in the house nancy pelosi did not appear impressed with all going on across the country, she describing this as insignificant. >> in terms of of the bonus that corporate america received versus the crumbs they are giving to workers to kind of put the schmooze on is so pathetic, it is so pathetic. reporter: maria some trying to contend administration is trying to juice up tax as we approach midterm mnuchin was asked about that called that a quote ridiculous charge. maria: thank you so much blake burman the latest there, meanwhile, immigration tax reform todrawing board pushed by group of senators rejected by wisely president set out a series of tweets so-called bipartisan daca deal, presented yesterday to myself, and group of republican senators congress mep step backwards wall was not properly funded chain lottery worse usa forced to take larg

fewer chrysler did rise in new york trading.were in line with estimates finally, i'm looking ran, one of the best performers on the stoxx 600. it has been upgraded to outperform. guy: thank you very much indeed. let's turn back to the car sector. tesla broke another production promise. , just aes hit 1500 little north. roughly half the median analyst estimates. they carmaker -- the carmaker pushed back its milestone to the end of the quarter. ,oining us now from frankfurt our european transport editor, tom lavelle. what's going on at tesla? they keep kicking the can down the road? well, it's a technology issue. tesla is a brand-new car company. this model that they are developing is their first mass-market targeted car. as ith that, this is, said, they are completely new. they had no partners. they don't have a standard supply chain where they could make up for one part with another part from someone else, so that means that any issues are their own. they are not able to -- they have not been able to provide what -- you know, th

chrysler. 11% for via that matched the average analyst estimate. outside of stocks, we are taking a look at the dollar today, which is seeing a bit of a rebound. the past five days of trading for the u.s. dollar, declines that add up to 5%. it is a pretty small one. on the flipside, we've been watching industrial metals recently. look at an index of industrial metals, we have seen that rally here. at the top is the price. on the bottom is the relative strength index. this is a sell signal. there are overbought conditions in the market, so the market he did that sell signal. prices of those industrial metals are down with a bit of a rebound in the dollar today. mark: we are up for the first yesterday, the first trading day of the year. -- we will talk long and hard about it. treating bolling's 25% lower for we will delve deeper into the mifid ii story for you. the euro falling for the first day in six. 120.59 following the strong pmi data. we had comments discussing the end of the qe program. or ecb policymakers picking out. the austrian central ban

fiat chrysler number was interesting. they said they would save u.s. dollars, $992 million. it was almost the same amount they reported in their profit last quarter. this is a big deal for these companies. >> is that right? >> that is your point, hey, we have so much money we don't know what to do with it here, a little bit of everything. neil: italians tend to be very generous. figuring that out. then there is you. >> then cheap ones like me. neil: you mentioned something interesting yesterday. >> one thing. [laughter] neil: besides that, that this is a guy who could never get into davos as a businessman. >> yeah. neil: now of course he is being feted there. everyone who wants to snide zing him whatever. >> this is 180 from his administration last year. who was ascendant last year, navarro, peter navarro, wilbur ross. wilbur is in davos. who is not? >> year ago he was announcing a travel ban. neil: yeah. i could never picture him doing this. >> you're saying globalists are winning? no they ascendant in the administration. we don't know if they're winning. he had mnuchin tal

you see that we have chrysler leaving mexico and coming into michigan. do we like that? nobody has seen that in a long time. [applause] and we have other major car companies coming back into the united states. they're coming back and building big plants. that means money for our people, lower taxes, and the jobs. people have not seen this in decades. i think they will have never seen anything like what is happening with our country. again, i'd like to thank you. you are very important to the future of this country. thank you very much and you guys have been fantastic and i appreciate it very much. thank you, thank you all. have a good time. [applause] thank you everybody. mr. president, will you sit down with robert mueller? when commit to sitting down with him, mr. president? commit to sitting down with him, mr. president? >>

tracee: good morning, heather, 160,000 chrysler mini vans because of software programs that can cause to stall. so far one accident relate today this and a dozen of complaints to national highway safety administration, dealers will be switching out this software to make sure that this doesn't happen. heather: all right, so we have to talk about the most important thing, dunkin donuts, without donuts what would they call themselves? >> just dunkin. dropping the name dunkin, so tomorrow one store is opening with the new name debuting, this is part of rebranding that they have been trying to do. they mentioned this a while back so now they are moving forward with this. this location in massachusetts would unveil some high-tech drive-throughs. heather: most importantly they will have doughnuts, they are just calling dunkin. tracee: so to celebrate martin luther king, jr. day you can get free admission to the country's national park today and other days you can take advantage of the holidays too, you can get in for free but pay for other things like the tours or camping, things like that,

. >> freer chrysler recalling thousands of vehicles because of an engine problem. >> tracee carrascotory and other headlines this morning. >> good morning. 150,000 minivans. the chrysler pacifica on the engine problem is the software can make it all come and make the car shut off so all of these are being recalled good reports of one-act event potentially related. no injuries and dozens of complaints. dealers are going to be a ratings software for people who might have this vehicle or problems. cheryl: apparently some people are saying we should not drink coffee on an airplane. >> we are going to defer to you. i want your take on this. this comes from an unidentified flight attendant. she said you shouldn't drink the coffee on an airplane because it could be potentially unhealthy. she says that this is the same water that goes through the bathroom system of these airplanes. cheryl: what i understand is it's possible water, two separate systems. it either goes to the restroom system. >> there is a good diversion. cheryl: on the 737 that's my understanding. >> i choose to believe you.

están construyendo y exponiendo plantas en estados unidos, algo que no habíamos visto en décadas, chryslertá abriendo una planta en alabama, esos algo que no habíamos visto desde hace tiempo, están regresando (aplausos) (aplausos) muy pronto plantas automotrices y otras plantas estarán re abriendo sus puertas por todo nuestro país, estas son noticias que los estadounidenses estaban desacostumbrado se escuchar por muchos años las compañías y los trabajos simplemente se iban, pero ahora están regresando, quieren estar donde está la acción y quieren estar en los estados unidos de américa (aplausos) (aplausos) un progreso notable se está dando cada día para acelerar el acceso a curas innovadores y medicamentos. el año pasado se aprobaron más medicamentos y equipos médicos que nunca antes en la historia de nuestro país (aplausos) (aplausos) también creemos que los pacientes que tienen condiciones terminales deben tener acceso a tratamientos experimentales que potencialmente pudieran salvar su vida de inmediato, la gente que sufre de enfermedades terminales, no tiene por qué andar peregrinando d

stuart: we have news from fiat chrysler.ergio sergio l be a big boost of confidence for his business. he is paying big bonuses to his employees. he wants other companies to follow suit. you will hear it all next. ♪ whoooo. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. stuart: now we'l

also totals an exclusive one-on-one on the floor by $2000 bonus being paid to 60,000 fiat chrysler employees is also the result of tax reform. listen. >> i think it is a morally them to do at some point in time. the tax reform made it unquestionably do now. >> is not the only one feeling positive. we talked to jim lynch, ceo of toyota north america busy unveiling the new avalon car that he hopes will be a big seller even though chrysler tremendous. jim lynch on fox business becoming the first auto industry ceo to say how many additional cars he thinks will be sold as a result of the tax reform law. >> it will put more money in consumer pockets and when that happens they go out and buy things like cars. we think the tax package will have about 200,000 unit to the overall marketplace. more important to back, people have a really positive attitude going forward. consumer confidence is very strong and consumer confidence helps drive car sales. >> here's another thing that helps drive car sales. cars like this one here. this is actually the 50 year anniversary mustang bullitt and not only is back

are now building and expanding plants in the united states something we haven't seen for decades chrysler is moving a major plant from mexico to michigan toyota and mazda are opening up a plant in alabama big one and we haven't seen this in a long time so all coming back thank . you very soon auto plants another plants will be opening up all over our country. this is all news americans are totally unaccustomed to here for many years companies and jobs were only leaving us but now they are roaring back they're coming back they want to be where the action is they want to be in the united states of america that's where the mud thank. exciting progress is happening every single day to speed access to breakthrough cures and affordable generic drugs last year the f.d.a. approved more new and generic drugs and medical devices then ever before in our country's history thad . we also believe that patients with terminal conditions terminal illness should have access to experimentally treatment immediately that could potentially save their lives people who are terminally ill should not have to go fr

dollars following that tax reform we also know that toyota and chrysler haven't acted similar measures so hopefully the chump administration will be waiting i'm sure for pledges that all similarly grand. well he. boasted in his speech of low unemployment a boy in record breaking stock market and rising business and consumer confidence as if it all was his doing i mean while his tax cuts are widely praised in the business world isn't he just lucky to ride the bullish stock market and prosper in world economy. yeah there's a lot to speak for that interpretation especially as the tax cuts they were just announced they really don't have any influence on a pretty good two thousand and seventeen and an excellent stock market but having said that it is if you will in the past year donald trump stock market and not just in the united states where the dow took a huge leap since as election november of two thousand and sixteen and really has never looked back but also in other markets as well like here in germany and it is a donald trump stock market since his election because people were hoping

the other day you saw chrysler announce they're moving from mexico back to michigan. you don't hear that too often. with a big, big monster factory. they're going to spend a lot of money. at the center of america's resurgence are the massive tax cuts that i just signed into law. and it's also reform but i usually just say tax cuts because that's what people -- they don't want to hear about the reform. believe me, the reform is very important. we don't have to go into it. but the tax cuts are the most significant tax cut, most significant reform in american history with tremendous tax relief for working families, for small businesses, for big businesses that produce jobs, for just about everybody. tremendous numbers. and you're already seeing what's happening. you're seeing what's going on. the signs of america's comeback can be seen at companies like this one, which just had its most successful year in its 35-year history. congratulations. good job. and i just learned from the powers that be that h & k equipment will soon be making a $2.7 million capital investment th

. >>> the ceo of fiat chrysler says there are no plans to split up the carmaker.ergio marchionne said we have no intention of breaking it up and giving anything to the chinese. >>> phil lebeau caught up with mr. marchionne and began asking for his outlook for the auto industry in 2018 >> i think we'll look at a good market for '18 i see no indication of volume coming down below 17 million if we're going to be close to that number this year. conditions continue to be good we continue to invest. we're firm believers in the long-term viability of this industry good shape >> ram 1500, the investment you have made there, everybody is investing heavily in pickup trucks how much further can that market expand in the united states? >> over the last ten years two thirds of the market has moved to pickup trucks and suvs. one out of two cars sold in the u.s. now is a new car. >> how much further can it go? >> if you got to a caughter quf the market cars, the rest suvs and pickups, that will be right. the capacity in trucks will be used >> one big concern at the show, what ha

chrysler plans to invest more than $1 billion to modernize its plant in michigan. the plant will add 25 ha00 new s and pay a reported bonus of $2,000 each to some employees. >>> meantime, if you drive a 2006 ford ranger pickup truck, ford is urging you to stop driving it. the auto maker is now blaming a second death on a defective ford dealers are prepared to come to you to get the vehicle and provide loaners until the pickup is fixed. >>> saudi arabia enters the 19th century this year when women are allowed to drive in a few months. >> crazy. >> that means that ladies in the kingdom are going to need some wheels. >> some of them took a trip to saudi arabia's first new car showroom just for women. it was decked out in pink and orange balloons. it is staffed by women and in a mall only used by women. interesting to see how they're going to implement this huge change in a country where so many rules and laws like that. >> which is why they've taken so many months to get it into play. it goes in effect in june in saudi arabia. >>> coming up, new worries about this yea

several big auto industry ceos including fiat chryslers sergio marchione spoke with fox business about what the legislation means for their companies. >> we removed all the cobwebs and concern about when they do it. i'm glad we've done it. >> the tax package will have a 200,000 unit done to the overall marketplace, but more important than that, people have a really positive attitude going forward. consumer confidence is very strong in consumer confidence helps drive car sales. in europe, take a look at england, france and germany. 1% plus gains on the dax and germany. asia overnight stocks also in the green across the board the biggest winner they are. up almost 2%. also watching oil. u.s. output with 2 million barrels a day in this country. that beats the record set nearly 50 years ago. moving overseas to a tragedy and germany. dozens injured including 20 children after school bus crashes into a building without breaking. the latest from the scene ahead. wal-mart putting the free sounds dance club in alaska. the company planning to shut down all the stores in the state leading to mass

fiat chrysler which never should have been fiat chrysler. given away to fiat for another time.is not the only company that's doing. this i heard the number was as high as 130 companies have either given bonuses, raises or expanded their fittings. steve: sure, we told you yesterday it was breaking news that wal-mart came out yesterday and they said they're going to jack up the starting minimum wage and going to give bonuses to everybody. and then nancy pelosi yesterday, you know, she never let's you down in the sound bite department. when asked about these bonuses. i mean, it's great. millions of americans now, the number is up in the millions we understand will be getting thousand, $2,000 bonuses that they can spend throughout their town. and what did nancy pelosi say about that? she called that big money crumbs. watch. >> in terms of the bonus that corporate america received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic. brian: okay. physical you are getting some of those crumbs and feel it's pathetic, please let us know. what

breaking tonight more of the same with the fiat chrysler ceo saying exclusively to fox business that american automakers are now reinvigorated thanks to those tax cuts. we're also keeping our eye on immigration reform for you tonight. some republicans during last week's meeting are insisting that president trump did not use racist language. here is the practical question though. does this controversy hurt the chances of the president being able to cut a deal? the clock after all, is ticking. plus, a 20 year old florida millennial winning the $451 million mega millions drawing. the money experts will weigh in on whether he's making the right financial decisions and we do as you've come to expect have an all-star guest line up including americans for tax reform grover norquist, is here tonight presidential historian doug weed as well and current trump national diversity coalition executive director, bruce lavell e all here tonight. we will get to them all it's politics and money and we've got you covered at an angles i'm connell mcshane good to be with you. risk & reward starts right n

will also cash in with a 100- thousand dollar bonus. ( marty ) fiat chrysler is recalling more than 160of engine issues. a software problem can make engines stall. 20-17 chrysler pacifica vans with gasoline engines are affected. the company says, it only knows of one potentially related crash but no injuries were reported. dealers will upgrade the engine control software to fix the issue. customers are advised to bring their vans in for the free service... which will be available before april first. up next... she's a little bit country....and he's a little bit rap. we'll show you what carrie underwood and ludacris are doing together for the super bowl... and the olympics. live look outside... san francisco ( marty ) for the weekend: the de young museum is offering free admission in honor of martin luther king's birthday weekend. there will be special performances by gospel singers and african drumming. the event will be from 9 am to 5:15 p-m ... the best part ... it's (ácommercialá) the highly- anticipated tesla- 3 was on display at the stanford shopping mall. it's the first time the p