now, this involves the cfo, dan ammann. specifically revolve around an ad agency out of new york.he ad agency coo is the wife of mr. ammann. here's the timeline, back in 2011 mother new york gets a $600,000 contract from general motors to work on the chevy anniversary, the 100th anniversary. that anniversary happened in november. in april, just a month ago, gm files its proxy statement and there's no mention of the relationship between mother new york and dan ammann's wife and general motors. last week they were going through the contracts and disclosed this ad contract saying essentially, listen, dan didn't know about it until now. we are now alerting it. and by the way, as we look at shares of general motors, they have since brought it through the process bringing it to the ceo, dan akerson, the general council, both of whom have now approved the contract. there's nothing that appears to be illegal here, mandy. but this gets to the heart of kompt govern nans and disclosure of potential conflicts of interest. again, dan ammann says i didn't know about this contract until they bro

i'm jond by dan ammann.panies, north america, europe and some of the challenges. >> a solid quarter overall, margins up, better cash flow year over year. we're pleased with the the fuel efficient market, we're pleased to be back in the black in south america. we have ongoing challenges in europe. >> in europe you lose a quarter million. i asked you before we came into this interview have you seen the worst in europe? what's your take there? >> if you're talking about the european economy overall, it's too soon to tell how that is going to shake out. the economy is the primary driver of the business. we're working aggressively to get the business where we want it to be. >> you think it's little steps we should be expecting? >> i think you're going to see a series of steps as we move through the year. there are a number of actions we've be taken already. both on the cost and revenue side. >> break even on the year? >> not make anything predictions at this point in time. >> let's talk about europe. $1.7 billion