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fiat chrysler, supposed to be up 18%. gm fell down ready close to reality. ford down 2%.s fast enough. because they miss the expectations the stocks, particularly of fiat chrysler and ford, both down a bunch. just how imported those forecasts are these days. i'd leave you with a picture of a young lady with a new fiat 500. >> thank you so much. a collision course with some of america's most iconic of pennies. they may want to consider just buying an automaker. i can see that. chief marketing strategist. nick this is your theory. it makes a lot of sense. >> every morning over 100 billion americans get in their cars and drive to work. they are locked away from all the technology that they use the rest of the day. >> you hope. >> let's hope that they have their eyes on the road and are driving safely. >> you can see google buying that little fiat heart. >> i do not give makes sense for them to buy into these companies. 80 million cars sold worldwide. now, it will be less likely to create partnerships with those other brands. to go in and buy an existing brand, i do not think
fiat chrysler, supposed to be up 18%. gm fell down ready close to reality. ford down 2%.s fast enough. because they miss the expectations the stocks, particularly of fiat chrysler and ford, both down a bunch. just how imported those forecasts are these days. i'd leave you with a picture of a young lady with a new fiat 500. >> thank you so much. a collision course with some of america's most iconic of pennies. they may want to consider just buying an automaker. i can see that. chief...
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Mar 4, 2015
03/15
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KQEH
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shares of fiat chrysler and ford slumped while general motors rose a fraction. philip lebeau has more on last month's auto sale. >> reporter: pardon the pun, but february auto sale ss were at $16.23 million below estimates 16.6 or $16.7 million. for the major auto makers almost all reported sales below wall street estimate ford being the one that reported declining sales with sales dropping 1.9%. what happened last month? blame it on the weather. storms really hurt showroom traffic, especially in the northeast where sales fell by as much as 50% in some markets because of the repeated snowstorms. add in ice storms in the southeast late in the month and that's a big reason sales slowed down in the month of february. that said, a couple of bright spots. pickups and suvs in heavy demand. gm truck seamales up more than 30% last month. question is what happens with auto sales this month? march is the beginning of the auto seas season where we really start to see business pick up. if weather improves most dealers around the country expect we should see auto sales move
shares of fiat chrysler and ford slumped while general motors rose a fraction. philip lebeau has more on last month's auto sale. >> reporter: pardon the pun, but february auto sale ss were at $16.23 million below estimates 16.6 or $16.7 million. for the major auto makers almost all reported sales below wall street estimate ford being the one that reported declining sales with sales dropping 1.9%. what happened last month? blame it on the weather. storms really hurt showroom traffic,...
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Mar 8, 2015
03/15
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KQED
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another vehicle recall was just announced, this time from fiat- chrysler. the company's recalling more than 702,000 s.u.v.s and minivans to fix defective ignition switches. certain road conditions could unexpectedly turn off the engine, disabling the airbags power steering and power brakes. the recall covers certain models of the dodge grand caravan, the chrysler town and country minivan, and the dodge journey s.u.v. you can find the specifics on our web site, pbs.org/newshour. in arizona, friends and family held a final memorial service for the 26-year-old american woman killed after being captured by isis militants. isis kidnapped international aid worker kayla mueller in aleppo syria, in august of 2013. isis leaders claim she died in a jordanian air strike, but u.s. officials have not yet confirmed that. mueller is the fourth american killed after being taken hostage by isis fighters. as many as five separate bomb blasts reportedly killed at least 54 people and wounded 143 others in northeastern nigeria. some of the victims were children. suicide bombers
another vehicle recall was just announced, this time from fiat- chrysler. the company's recalling more than 702,000 s.u.v.s and minivans to fix defective ignition switches. certain road conditions could unexpectedly turn off the engine, disabling the airbags power steering and power brakes. the recall covers certain models of the dodge grand caravan, the chrysler town and country minivan, and the dodge journey s.u.v. you can find the specifics on our web site, pbs.org/newshour. in arizona,...
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Mar 3, 2015
03/15
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CNBC
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>> fiat chrysler u.s.o sales up 5.6, helped by strong demand for jeep but results below forecast. gm due out later this hour europe okay up 7 in germany, france, spain, italy good. >> europe retail germany retail sales incredible. the green chutes are no longer green chutes. it's like tulips but not bubble tulips some much good out of europe. i know that you could say, wait a second how about this you can pick a country that's not doing -- france retail sales are good. pmi out of the uk wow! >> yep. >> versus say china, baltic freight up again, but miniscule. europe is going to be a tailwind this quarter. no one believes that. i'm telling you it will be. >> what about worries -- hearing this related to jobs this friday -- hearing it related to retail, that it was so cold in february, that people didn't shop. >> silly. >> didn't shop at car lots. >> i think that's true. too cold. the foot traffic, people are kind of -- they're hunkering down. maybe it's an -- amazon by the way, could be benefit for them. ye
>> fiat chrysler u.s.o sales up 5.6, helped by strong demand for jeep but results below forecast. gm due out later this hour europe okay up 7 in germany, france, spain, italy good. >> europe retail germany retail sales incredible. the green chutes are no longer green chutes. it's like tulips but not bubble tulips some much good out of europe. i know that you could say, wait a second how about this you can pick a country that's not doing -- france retail sales are good. pmi out of...
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Mar 13, 2015
03/15
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BLOOMBERG
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francine: fiat chrysler says a deal could be done. probed by the fbi, bill ackman's fund as investigated. we will speak to the billionaire investigator later today. welcome to "the pulse," live from london. just getting some figures from the iea the international energy agency with its oil market report. having bottomed out in the second quarter of 2014, global demand has steadily risen the record u.s. oil glut is continuing to cut prices. we'll keep an eye on oil. quite a lot of volatility and fluctuation. opec joining the conversation. brent at $57. tensions high in europe as greece's prime minister meets with the president of the european commission in brussels. greece formally complained about wolfgang schaeuble. let's bring in hans nichols in berlin. marcus is in athens. the spat between wolfgang schaeuble and varoufakis is very public. hans: we had a formal complaint tuesday night from the greek ambassador to germany lodging a complaint claiming that mr. yanis varoufakis called him "foolishly naive. here is what mr. wolfgang sch
francine: fiat chrysler says a deal could be done. probed by the fbi, bill ackman's fund as investigated. we will speak to the billionaire investigator later today. welcome to "the pulse," live from london. just getting some figures from the iea the international energy agency with its oil market report. having bottomed out in the second quarter of 2014, global demand has steadily risen the record u.s. oil glut is continuing to cut prices. we'll keep an eye on oil. quite a lot of...
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Mar 13, 2015
03/15
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francine: fiat chrysler says a deal could be done. fbi, bill ackman's fund as investigated. we will speak to the billionaire investigator later today. welcome to "the pulse," live from london.
francine: fiat chrysler says a deal could be done. fbi, bill ackman's fund as investigated. we will speak to the billionaire investigator later today. welcome to "the pulse," live from london.
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Mar 3, 2015
03/15
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february but not for everyone and not as much as industry experts were hoping general motors and fiat chrysler reported increases and ford says that sales dropped off and february is a big month for the auto industry with huge sales events around president's day and analysts say that snowy and cold weather made for slower business in showrooms across the country. the eagles make a surprise move on cut ties with one of their most controversial players. >> and the city of philadelphia and the philadelphia school district are selling everything from paper towels to school buses, we'll explain the unusual auction. >> and curt shilling taking to cyber bullying because of his daughter. i know grandma's house isn't the most exciting, but it's only for a few hours. look what i've got. when you get verizon fios, you get beautiful hd picture quality, super fast internet, and america's most reliable network. so you won't miss a second of that movie, that game they love, or those moments with family. can we sleep over? please! come on! make your house the house when you get more from verizon fios the tv s
february but not for everyone and not as much as industry experts were hoping general motors and fiat chrysler reported increases and ford says that sales dropped off and february is a big month for the auto industry with huge sales events around president's day and analysts say that snowy and cold weather made for slower business in showrooms across the country. the eagles make a surprise move on cut ties with one of their most controversial players. >> and the city of philadelphia and...
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Mar 2, 2015
03/15
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. >>> meanwhile fiat chrysler has expanded its world wild recall to fix a stolen problem on some of itsicles is for 2012 and 2013 dodge durangos and 2011 jeep grand cherokees outside of north america. the dealers will install a new fuel pump on them. the automaker says so far there have been no reports of any crashes or injuries as a result of the problem. >>> you better put a few more bucks on your e-zpass if you plan on traveling the toll road between dulles and leesburg. there's going to be an almost 3% toll increase meaning the toll will increase 10 cents from $4.20 to $4.30. this only affects the 14-mile stretch between dulles international airport and leesburg. >>> this is billed as the largest event for the mobile telecommunications industry. the mobile world congress opens today in barcelona, spain, and runs through thursday. more than 1,000 companies will be represented, some like samsung are expected to unveil new products or services. speakers include facebook's ceo mark zucker berpg and wikipedia co--- mark zuckerberg and wikipedia cofounder. >>> a sky diver has a seizure du
. >>> meanwhile fiat chrysler has expanded its world wild recall to fix a stolen problem on some of itsicles is for 2012 and 2013 dodge durangos and 2011 jeep grand cherokees outside of north america. the dealers will install a new fuel pump on them. the automaker says so far there have been no reports of any crashes or injuries as a result of the problem. >>> you better put a few more bucks on your e-zpass if you plan on traveling the toll road between dulles and leesburg....
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Mar 10, 2015
03/15
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. >>> thousands of minivans and suvs with faulty ignition switches are being recalled by fiat chrysler. this impacts 2008 to 2010 dodge grand caravan and chrysler town and country minivans and the 2009 to 2010 dodge journey suvs. here's the problem. a defective switch can cause those vehicles to stall unexpectedly. >>> the housing market has had a recent bump in the road. black knight financial services reports repeat foreclosures were up 11% at the end of january and that's a change from the month prior which means it reaches a 12 month high. >>> global sales for the world's largest hamburger chain are down. mcdonald's has been losing customers to competitors who offer healthy am tentatives. the golden averages has a -- arches has a plan to ton thinks arnold. if you like that jan? the fast food restaurant will soon start to use kale in some of its menu items. >> won't change the fries. we love them. >> put the kale over the fries. >> oh okay. that sounds delicious. doesn't it? eww. >>> our wusa9 pothole patrol team got a word of warning for you, come to a complete stop if you approach
. >>> thousands of minivans and suvs with faulty ignition switches are being recalled by fiat chrysler. this impacts 2008 to 2010 dodge grand caravan and chrysler town and country minivans and the 2009 to 2010 dodge journey suvs. here's the problem. a defective switch can cause those vehicles to stall unexpectedly. >>> the housing market has had a recent bump in the road. black knight financial services reports repeat foreclosures were up 11% at the end of january and that's a...
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fiat chrysler, gm and nissan continue to see temperatures climb despite chilly tens. are the new it cars, and what will your next car be? we're bringing in steve lynn, kelly blue book president, and gary flaum, they think they know what the next it car will be. steve, you've been looking at the numbers of new cars that people are buying that they've never bought before. so that means people have had to actually make a conscious decision to switch. what jumps out at you? >> yeah, liz, thanks for having us on today. very much appreciate it. liz: sure. >> what we're watching is some interesting trends. first, we're seeing a lot of activity in the subcompact and compact suv market. great fuel, great fuel economy, utility. those things drive like cars, so a lot of first-time buyers, a lot of activity and good new offerings this. so watching that market closely as well as entry-level luxury. we're seeing a lot of great cars in the low to mid 30 price range, a lot of great offerings that those folks are delivering to try to bring in some new customers to their brand. liz: ga
fiat chrysler, gm and nissan continue to see temperatures climb despite chilly tens. are the new it cars, and what will your next car be? we're bringing in steve lynn, kelly blue book president, and gary flaum, they think they know what the next it car will be. steve, you've been looking at the numbers of new cars that people are buying that they've never bought before. so that means people have had to actually make a conscious decision to switch. what jumps out at you? >> yeah, liz,...
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Mar 11, 2015
03/15
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when you look at whether it's fiat, chrysler keep in mind that the impact for the euro dollar and that trade right now is fairly limited. >> trying to figure out my three favorite cities in europe right now. so you must notice it over there. >> you want to come on vacation don't you, joe? >> have you bought anything over there? what are you eating over there? >> we have not gone on a shopping spree. >> huh? >> me no. never. we've had a little beer. there's no doubt about that. currywurst. but it's interesting listening to the people. you hear people talking about how weak the euro is right now relative to the dollar. however when we talked with audi executives yesterday and we asked about the impact they're pragmatic about it. they said we haven't seen in a long time. do we expect it to last? no. that's what you hear from a number of the business executives over here. >> i don't know why. why would they think it was going to last. we vnlt started raising rates yet. maybe it's because they have no bonds to buy over there and it's not going to work. i don't know phil the world is upside
when you look at whether it's fiat, chrysler keep in mind that the impact for the euro dollar and that trade right now is fairly limited. >> trying to figure out my three favorite cities in europe right now. so you must notice it over there. >> you want to come on vacation don't you, joe? >> have you bought anything over there? what are you eating over there? >> we have not gone on a shopping spree. >> huh? >> me no. never. we've had a little beer. there's no...
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Mar 13, 2015
03/15
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mark: the fiat-chrysler chief executive sergio marchionne has said his company is open to a tie up withotors or ford and the deal with one of its larger u.s. counterparts would be "technically possible." he added that conditions for any deal would be saving the highest amount of capital on developing new vehicles. representatives said they are focused on their own business. intel says first-quarter sales may be more than a $1 billion lower than forecast, hurt by sluggish economies. shares fell to their lowest level since july after it said revenue will be no higher than $31 billion. a coin collection in london today. the display includes 12 individual coins estimated at $1 million or more each. sales of rare u.s. coins reached a record of nearly $536 million last year. we have an interview with the chairman today at 10:30 u.k. time. anna: five years after the death of alexander mcqueen, london's victoria and albert museum is hosting an exhibition of his work. francine lacqua spoke to the ceo of alexander mcqueen about whether he thinks the success of the exhibit will translate into sale
mark: the fiat-chrysler chief executive sergio marchionne has said his company is open to a tie up withotors or ford and the deal with one of its larger u.s. counterparts would be "technically possible." he added that conditions for any deal would be saving the highest amount of capital on developing new vehicles. representatives said they are focused on their own business. intel says first-quarter sales may be more than a $1 billion lower than forecast, hurt by sluggish economies....
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Mar 25, 2015
03/15
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auto workers are hoping to turn sales into a big raise workers for ford and fiat and chrysler expire in september. union leaders hope to win a raise in base pay for 100,000 veteran workers for the first time since 2005. >> ford came up with a way for drivers to obey the speed limit their newest fx car reads speed signs, but drivers can override the system by pressing on the accelerator firmly. >>> coming up we check the forecast. looking live at philadelphia international airport gray skies over philadelphia which talks about the imminent precipitation cecily tynan will have details of that when we come right back. (woman) ready for another game? (woman) oh, sorry! (man) daydreaming again. (man) about going on a cruise? (in unison) yeah. (woman) around the hawaiian islands, for 2 weeks. (in unison) we were! (man) with a helicopter tour. (woman) how did you know? you've got the new instant game from the pennsylvania lottery. (woman) yeah, $1 million payout. (man) with top prizes of $1,000,000. (foreground woman) the leis are a nice touch. (male announcer) want to see your dreams come
auto workers are hoping to turn sales into a big raise workers for ford and fiat and chrysler expire in september. union leaders hope to win a raise in base pay for 100,000 veteran workers for the first time since 2005. >> ford came up with a way for drivers to obey the speed limit their newest fx car reads speed signs, but drivers can override the system by pressing on the accelerator firmly. >>> coming up we check the forecast. looking live at philadelphia international airport...
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. >>> faulty ignition switches are forcing fiat and chrysler to recall more than 700,000 minivans and suvs. the recall affects 2009 and 2010 dodge journey suvs, 2008 through 2010 chrysler town and countries, and 2008 through 2010 dodge caravans. the ignition key could disable safety features on those vehicles. dealers are asking drivers to remove everything but the ignition key from their key ring until repairs can be made. >>> coming up, the dangers of riding drunk near metro trains. tell you what happened to this guy after he was knocked to the ground by a moving train. >>> and searching for the special stranger who serenaded them on their special day. i know grandma's house isn't the most exciting, but it's only for a few hours. look what i've got. when you get verizon fios, you get beautiful hd picture quality, super fast internet, and america's most reliable network. so you won't miss a second of that movie, that game they love, or those moments with family. can we sleep over? please! come on! make your house the house when you get more from verizon fios the tv service rated #1 i
. >>> faulty ignition switches are forcing fiat and chrysler to recall more than 700,000 minivans and suvs. the recall affects 2009 and 2010 dodge journey suvs, 2008 through 2010 chrysler town and countries, and 2008 through 2010 dodge caravans. the ignition key could disable safety features on those vehicles. dealers are asking drivers to remove everything but the ignition key from their key ring until repairs can be made. >>> coming up, the dangers of riding drunk near metro...
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Mar 6, 2015
03/15
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CNBC
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fiat. chrysler's ceo. earned $7.24 million in 2014, and that is up 45% from the year before. >>> and the folks at diagio are rolling out a signature series of high-end limited edition guinness beers. the 1759 will be the first one released. it will be $35 for a 25 and four ounce bottle. it is said to be an amber ale and tastes more like a port. we'll have to give that one a try, ty. >> i think that sounds like a date, sue. i love that. >> on st. paddy's day, my dear. >> let us do that. >>> the dow is near the lows of the day. back to stocks in just a moment. first, the debate to lift the ban on u.s. oil exports -- get -- should new storage space concerns be a catalyst for change? taking the side of keeping the ban is tyson slocum director with public citizens energy program, and chris falkner, chairman and ceo of brightling energy wants to lift the ban. why would you defend the existing policy first as we produce more and more oil? our storage capacity is filling up quickly. what should we do? why shouldn'
fiat. chrysler's ceo. earned $7.24 million in 2014, and that is up 45% from the year before. >>> and the folks at diagio are rolling out a signature series of high-end limited edition guinness beers. the 1759 will be the first one released. it will be $35 for a 25 and four ounce bottle. it is said to be an amber ale and tastes more like a port. we'll have to give that one a try, ty. >> i think that sounds like a date, sue. i love that. >> on st. paddy's day, my dear....