general motors is sending mixed and made model of chevy crews to u.s. car dealers tax-free across the border. general motors responded saying that the crews is built at its worst start in fact korea and ohio and that the chevy crews hatchback which is exported to foreign countries from mexico only a few were sentenced the united states. part of the days events outside trump tower. the president-elect is back in new york awaiting more information about his potential nominees to fill the administration. back to you. lauren: adam, thank you. nicole: trump told a news conference june 11th in new york city. his first formal meeting since he was a hit in november. >> we are also learning exxonmobil has the word in ex-ceo rex taylor said 180 million retirement package as the company breaks ties with trump's nominee for secretary of state. two months after losing the election, hillary clinton will attempt all trump's inauguration in january 20th along with bill clinton. farmer president george w. bush and jimmy carter also plays to be there. >> the president-el

general motors this time, the target.ou look at gm's stock it is waiverring and moving slightly higher. in fact we have trump targeting the company after it announced last year, plans to lay off 2,000 employees at two u.s. auto plants, that is spoused to happen early this year. trump decided to focus in on something that works with his promise about trade and making it fair trade. here is what he wrote, quote. general motors is sending mexican made model of the chevy cruze to u.s. car dealers tax-free across the border. make in usa or pay border tax, end quote. general motors is added to the list of american companies that are big gigantic targets that have themselves on their backs finding themselves in the bull's-eye of billionaire businessman president-elect. they join ford, carrier, boeing, lockheed martin. we sent jeff flock to really crunch the numbers to find out if general motors is doing such a terrible thing by manufacturing a certain kind of chevy cruze. there is more to this story, isn't there, jeff? reporter:

general motors is being criticized today.ou eventually you will hear about it for the entire auto industry. this is clear that president-elect trump wants there to be a change in terms of these vehicles and all the content that goes into these vehicles coming back across into the united states because of nafta without some type of a heavy border tax. he believes that there should be a border tax. that would then force the auto industry to at least ensure that the production that's really here in the united states stays in the united states, if not increase here in the u.s. i should point out, guys, there's a lot of debate in the industry about whether or not all of this criticism will ultimately lead to automakers adding production plants in the u.s. most believe that it won't because of the economics of the industry and the global economics, not just what's going on here in the u.s. relative to mexico. but with this tweet that he sent out to general motors, guys, it's very clear that he is going to be going after the entire

he took on general motors. he wants any cars made south of the border that are coming back into the u.s. from american companies, he says too bad, folks. you don't get a free ride. you've got to pay a border tax. initially general motors started to fall and then it managed to eke out just under 1% gain. we have seen other stocks like united technologies, the parent of carrier, before it found the trump religion and promised to bring these jobs back to the u.s. we saw bostock start to falter. there is huge power and what donald trump is able to do when he takes on those companies. you can bet other companies are ducking and covering. florida said we are not going to open that plant in mexico but there are many companies that have operations elsewhere that are based in the u.s. can you take on each one? it's going to be hard. >> bret: liz, thank you. another forceful response from the controversial head of wikileaks who said the obama administration is connecting dots where there aren't any. chief intelligence co

donald trump tweeted about general motors and chevrolet cruise vehicles made in mexico, general motors it makes some of its hatchbacks but all of its sedans are manufactured in the united states. we will keep track of this and bring you for the developments. u.s. stock still higher but caring some of the earlier gains -- pairing some of the earlier gains. what happens early in the year, we saw the s&p 500 pullback 1% last week, which was reversing the move since the election. if you look at the last five years of the last week of the year and the first week of january, you have seen a reversal every time, no matter which way. last week of december isn't quite and the first week of january is in blue. every time you have seen the howsite movement, that is we are starting off this week with no guarantee that is how we will finish it. today session, a resumption of at least some of the moves we have seen post-election, the how moves reversed last week. energy shares higher and health care rally, technology and financials as well holding the top spot. telecom shares doing quite well. we ta

ford and general motors come under the spotlight for car manufacturing in mexico. we have special report inside the istanbul nightclub where 39 people died in the new year's eve attack. and there is double trouble for young twins in america. we will bring you the full story of robert lee heroism. —— brotherly. light from our studios in singapore and london. this is bbc world news. its newsday. —— live. it is atm in singapore and midnight in london and seven in washington whether republican—led u.s. in london and seven in washington whether republican—led us congress was expecting to have a ceremony backin was expecting to have a ceremony back in 2017. instead, it was full of action to stop republicans have ditched a plan to strip the office of congressional ethics. it was prodded by a public outcry and a dressing down from donald trump. as the brand—new congress convenes on thursday, instead of celebrating, lawmakers were the centre of the debate. it is over their behaviour is policed in the name of avoiding corruption. 0n is policed in the name of avoiding corrupt

of ford andead general motors last week, they couldn't believe it. a lot of said it was one of the greatest meetings ever attended. the unions were here last week. they were representing workers. they said it was the single greatest meetings ever had. that was in a statement. i didn't tell them to say that but it was in a statement. i understand it. it is unfair to small businesses. they are and treated very badly. it is almost impossible to start a small business. it is virtually impossible to expand your existing business because of regulations. and because the banks to loan you money. we're going to be doing a big number. that is one big reason i'm taking this action. i will be taking an action later this morning. tobegin the effort dramatically reduce federal regulations. we will be reducing them big week -- big league. it has been very badly damaged. the american trip is back. we are going to create an environment for small businesses like we haven't had in many decades. knock on president obama, this is a knock on many presidents perceiving me.

general motors has made big announcements. pulled chrysler the head away from italy last week just oure -- just to make meeting. lockheed martin is cutting the cost of the planes and will be better off. boeing is involved in new hiring. also coming in with good pricing. we are cutting pricing. you could have done that, but we cut approximately $600 million off the f-35 fighter. that only amounts to 90 planes out of close to 3000 planes. when you think about $600 million that was announced by the head of lockheed martin, i got involved in that about one month ago. a lot was put out and when i say a lot, that meant 90 planes. they were having a lot of difficulty. there was no movement. i was able to get $600 million approximately off of those planes. i think that was a great achievement. that really means much more than that if you think that is 90 planes out of close to 3000 planes. lockheed martin for being so responsive and that will be appreciated very much. i appreciate boeing for coming in and competing. now they will be c

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general motors caught in donald trump's feed. looking at the potential trump tweet risks. >> kelly, you were talking about this referring to the public floggings that happened. this is from the president-elect of the united states. maybe it carries some more weight. we're starting to see diminishing impact. here's what we're talking about. if you take a look today about general motors sending mexican made models of chevy cruzes to the u.s. if you look at the trading action so far today, we actually rallied on that bit of news. we've kind of finished off the highs of the session. up about a percent overall. let's rewind the tape at least a little bit to see some of the other tweets that have happened so far about companies in the cross hairs of donald trump. if you take a look, remember, at boeing, that whole air force one cost overruns, it's too expensive tweet came out. remember there we saw a bit of a dip here in that stock only to rally higher. it's been about 3% higher since before those tweets came out. lockheed martin. anot

general motors were here, the president of the american automotive council, general motors, ford, fiat. and jared kushner on hand from the administration, stephen bannon, then the president signed a series of executive actions to move our country executive actions to move our cou ntry toward executive actions to move our country toward energy independence. and continue to get americans back to work. the president began by signing a memorandum fulfilling a major promised to secure swift approvalfor the major promised to secure swift approval for the keystone pipeline. inviting tra nsca nada to approval for the keystone pipeline. inviting transcanada to resubmit their proposal and direct agencies to approve it without delay. there is an energy revolution that is going to happen in this country in spite of the bureaucratic and political barriers that have been in place, we are ready to move forward.

"general motors is the sending mexican made model of chevy cruze to u.s.lers tax-free across the border, making usa or pay big border tax." gm shot back, they pointed out that all chevy cruze sedan settled in the u.s. are billed at the gm is ugly plant in ohio, this in fact is true. i've been there. they only build that chevy cruze hatchback, don't know how many you have seen on the road, not very many. that is made in mexico, only a small number sold in the u.s. trump may have been off on that one but big win from ford today and they announce they are going to scrap plans for the $1.6 billion plant down in mexico to make the ford fusion. here is what the ford ceo mark fields told neil cavuto earlier today on our fox business network. >> one of the factors we are looking at is a more positive u.s. manufacturing business environment under president-elect trump and some of the progrowth policies that he said he is going to pursue. so this is a vote of confidence. >> i would make one final point, jenna, and that is you have to make sure you have a level playi

be for general motors? that question is coming up, obviously, because of president-elect donald trump and gm is number one in vehicles imported from mexico and sold here in the u.s. here is mary barra talking about whether or not they will have to change production plants south of the border. >> i'm not going to speculate on that. recognizing what we're trying to accomplish, there are many things that we can do in working with the administration that are going to make america great again, that are going to strengthen business, which will strengthen growth, which will strengthen jobs. i'm not going to speculate any further than that. >> one other point. when you look at the return on invested capital for 2017, general motors says it will be at least -- at least 25%. we're showing you a three-year chart here because we're coming up on the three-year anniversary of mary barra becoming ceo of general motors. yes, the stock has momentum since the election of president-elect trump. it's down roughly 8% since she

corporate leaders from america's big three carmakers, general motors, ford, and fiat chrysler, met with trump on tuesday morning as he promised incentives for them to build their products in the u.s. >> reducing taxes substantially and reducing unnecessary regulations. we will make the process much more simple for auto companies and anyone else who wants to do business in the united states. you will find it to be very inhospitable to extremely hospitable. >> tuesday's meeting avoided mention of the stick, his frequent threat to companies that want to move out of the country. that threat lingering just be nice the cert -- just beneath the surface. he tweeted that ford would face import taxes if it went ahead with the plant in mexico. plans for the plant were scrapped in early january. following the meeting, ceos from the big three praised his push to revitalize american manufacturing. >> we are excited about working on tax policies, on regulation, and on trade, to really create a renaissance in american manufacturing. >> so the big three have already been on a roll. each one claims to ha

i've been working with general motors, the carmaker since 2004. general motors has been working with the researchers in our department since the year 2000. i started applying my experts ease into embedded systems in the automobile. in 2006, the research advanced by the agency, the research arm of the u.s. military announced a competition. the competition was the -- urban challenge. for vehicles that drive themselves, they need to drive for about 60 miles in fewer than six hours. with other self-driving vehicles as well as human driven vehicles and following the same rules of the road that you and i have to follow on a daily basements g.m. became our .m. biggest sponsor. we had about 20 other sponsors but g.m. was the biggest of them. because i already had a strong working relationship with g.m., i became an integral part of the team that worked on the vehicle, which ended up winning the $1 million prize. when our team from carnegie mellon won the competition, g.m., who was the biggest sored the the team said hey, winning team and they said because

nicole: big announcement from general motors from general motors bid later this morning from this morning$1 billion in factories creating or keeping 1000 jobs. the announcement after president-elect donald trump attacks the automator is building vehicles in mexico and shipping them to the united states. the decision was made months ago and was not a response to trump's criticism. south korean automaker hyundai will invest $3 billion in his u.s. plans for trump is president is also considering building a new u.s. factory. the five-year deal will focus on research and development as well as maintaining factories in alabama and georgia. nicole: we are following breaking news out of turkey where authorities are interrogating the gunman suspected of killing 39 people on a new year's attack in a simple nightclub. the shooter was arrested in the date night police raid along with further suspects it turkish authorities said the men received training in afghanistan and now confess carrying out the massacre. the islamic state claimed responsibility saying it was revenge for turkish military involve

are you a general motors employee or do you work for a contractor that works for general motors? caller: no. i was promised i would be transitioning into a general motors employee after three and a half years. still a contract worker. i'm a college educating. graduated from oakland university cum laude. and they only pay us $16 an hour. we got to pay for our own health insurance. i got to pay $400 a month for my health insurance premiums. it's very difficult. and if they hear me talking to you, chances are, i mean, i might not have a jobs. but -- job. this is all a result of governor snyder's right-to-work law. d i'm long time -- my family works in the auto industry. i know how well u.a.w. workers have been paid and respected. it's just not right. there's a pending class-action lawsuit against the former contract employer. they were not paying overtime. g.m. knows about this. i just wanted to let you know, let the american public know what's going on within the auto industry over at general motors. host: all right. that's john in michigan. next caller is joe from hollis, maine, a

he also took on general motors, criticising the car company for importing compact cars to the us fromeatening a big border tax. a short time later, ford announced it was cancelling plans for a $1.6 billion plant in mexico in favour of further investment in the us. the company's ceo mark fields explained why. we look at a lot of factors when we look at decisions. the announcements we're making today of $700 million investment here in our flat rock michigan plant, and adding 700 jobs, one of the factors we put into that is the more favourable us business environment that we see under president—elect trump and some of the pro—growth policies and reforms, whether it is tax or regulatory, that he's been talking about so that did play positively in this and it's and a vote of confidence that he can deliver on these things so, while donald trump has apparently been influencing the us congress and the american car industry, there is one place still immune to his tweets. tweeting about suspected terrorists held at the us military base in guantanamo, trump described them as extremely dangerous

i've been working with general motors, the carmaker since 2004. general motors has been working with the researchers in our department since the year 2000. i started implying my expertise into embedded systems in the automobile. in 2006, the research advanced by the agency, the research arm of the u.s. military announced a competition. the competition was the -- urban challenge. for vehicles that drive themselves, because anybody in the car, they need to drive for about 60 miles in fewer than six hours. in an urban-like setting, with other self-driving vehicles as well as human driven vehicles and following the same rules of the road that you and i have to follow on a deal he basis. with that competition g.m. became our biggest sponsor. we had about 20 other sponsors but g.m. was the biggest of them. because i already had a strong working relationship with g.m., i became an integral part of the team that worked on the vehicle, which ended up winning the competition and the $2 million prize. when our team from carnegie mellon won the competition, g

this morning the detective general motors. general motors. but many times as he pressures to boost u.s. employment by returning manufacturing jobs to the united states. yahoo! delay in the closing of verizon is supposed to be completed in the current quarter but the company says it will be wrapped up next quarter instead. the nearly $5 billion sale of your jeopardy following to massive attacks and yahoo! accounts. stock index futures ahead of the maybelle. five dow components. dow futures at 17. s&p up one, nasdaq up 4.5 the premarket. nicole: president trump is a 10-point plan to combat illegal immigration. william lunch message details. >> sean spicer said president trump already asked for money to build the wall. >> is doing everything he can to direct agencies. >> the act of 2006 called for a hundred miles of double fencing. concrete poets like this. you can see the primary said they are eroded between the secondary friends. but instead we only got 50 miles of president trump to use the existing authorization to start planning for his fal

this morning it was general motors in the cross hairs with this tweet.ruze to us car dealers across the border, make in usa or pay big border tax. that, of course, left general motors grumbling for a response, they have pointed out that of 180,000 cars they sell in the us, only 4000 come from mexico, most of the global market, but it has put them on the defensive. and listen to this, ford, the subject of previous aggressive tweet by donald trump, announced today that they are abandoning plans to build a $1.6 billion plant in mexico and instead are going to create 700 newjobs in michigan. the ceo of ford saying, this is a vote of confidence in donald trump's business friendly policies. it seems for the moment that politics by intimidation on twitter is working for mr trump. 0k, jon, thank you very much. a couple in their 50s, who narrowly escaped death after a night in the cairngorm mountains, have been speaking of their ordeal. bob and cathy elmer, from lincolnshire, were caught out after miscalculating the length of their walk and had to shelter from bl

general motors left one town in ohio. the factory left behind is alive thanks to chinese investment. laura trevelyan went to take a look. trump'shis is donald american now. not surprisingly, the factory is run by a -- surprisingly, the road is run bye a company with its headquarters in china. fuyao makes windshields. factory floor, donald trump's anti-globalization rhetoric meets reality. this chinese-managed company is determined to become the largest manufacturer of car wind shields in the world. >> to be able to achieve that goal, you have to combine the resources, manpower. i believe we have to have two feet, one in china and one in n -- managers aremany chinese, more than 2000 jobs have been created locally. work for general motors and is grappling with the cultural differences. >> we had to find common ground on what our goals are. goals and standards. there are different things you don't necessarily see here that you would in an established american company. laura: he saw the community suffer when the gm plant clos

we have a lot of great news with ford and general motors and fiat chrysler. lockheed is adding a lot of additional people. boeing -- we have a lot of positive things happening and it's really going to start bursting. people off of our welfare and back to work. so important. it's out of control. [applause]

general motor says the vehicle is manufactured in lordstown, ohio. cruzes are built ain the assembly plant in lordstown, ohio. there is a small number sold in the u.s. interesting given mary barbara on his strategic forum. they're in the cross hairs today. >> ford had been in the cross hairs in terms of moving things. the gm plant has been around since 2015. this was a move from stop making cars in korea, where it is more expensive, to mexico. if you wanted to make this so it was a level playing field, you'd have to change nafta or give it a currency. when nafta was put in, the mexican peso was 4:1. now it is 20:1. there is an advantage in building cars there. without changing nafta, instead of a border tax, you have to change nafta. it's about no border tax. >> right. the issue of the border tax is certainly one we're going to be dealing with for some time. and a concern, i think, for investors in certain companies. >> oh, yeah. >> i think you have to view everything sort of in a broader context. you're going to give tax reform to a lot of corporati

general motors pushed back, actually at the claim, it builds for globe markets in mÉxico with a smaller of those vehicles sold in the united states. other companies have changed their plans, indiana carrier agreed to keeps 1100 jobs. guys, back to you. heather: thank you, cheryl. clayton: guess who is footing the bill? taxpayers. scholarship program granting full rides to students of family earnings less than $125,000. it would cost $163 million a year, the plan is now heading to the state legislature for approval. heather: police are back at it again, a university program is now aimed to shame men for their masculinity, applications for a six-week program, the men's project. all-male program begins with a retreat that has groups talking about how masculinity can negatively affect society. the purpose of the program is that men feel more represented. clayton: amazon's echo has expensive taste, this 6-year-old standing by her 170 doll householding cookies and ordered it all with the help of robot-like device. >> sometimes echo helps when you least expect it. clayton: mom says she was s

and trump taking on general motors on twitter of course. the president-elect calls out the chevy cruze for being made in mexico. gm fires back saying that's not true. and breaking right now ford announcing they're creating hundreds of jobs in the u.s. the question is did donald trump or his influence have anything to do with it? >> and a global manhunt overseas. the desperate search spreads as authorities say they're close to naming the suspect. we'll have a live report from istanbul. >> good morning, everybody. i'm stephanie ruhle back on air for you, in for tamron hall. right now we're talking house of representatives because they are gathering for the first time this year and already there is major controversy and a major confrontation bween the president-elect and house republicans. you wouldn't have guessed we'd have that right off the bat. the plresident-elect is responding to house republicans, the vote they had last night to gut the office of independent ethics. the president-elect tweeting "with all that congress has to work on, do

aim atonald trump taking general motors.uilding a version in mexico,y cruze saying "gm is extending mexican made models of chevy cruze to acrossr dealers-tax-free border. make in usa or pay big border tax!" joining us is terrence, trump is showing his intervention list credentials once again. what did he say and how did gm respond? terrance: good morning. specifically what he said is he called the company out for in mexico cruze model and shipping it to america, which obviously, automakers in particular have had as a big issue from the beginning. gm responded by saying that there is a hatchback model made for the global markets that is made in mexico, and that the sold in thee cruze united states are produced here. mark: sorry, you go for it. vonnie: no, i was not thinking, but now that you mention it, are there other manufacturers and models quaking in their boots now, do they? terrance: during the campaign, trump had made an issue of this before. i think it is an issue that will have an effect or will be expanded upon othe

general motors is sending mexican made models of chevy cruze to u.s. car dealers tax-free across borders. make in usa or pay big border tax. christina alesci is following this. >> this is another example of trump going after a company for essentially manufacturing outside of the united states and selling products back in. what he's talking about is a specific model. it's a smaller car, carol, and just to put this into context, chevy responded today in a very carefully worded statement, being careful not to offend the president but also to clarify the facts around this. there is a model of the car that is manufactured here in the united states in ohio and then another model, the hatchback version of the cruze is manufactured in mexico f. they came out with a statement saying they build one for gloeshl manoble markets with a small number sold in the u.s. this is part of a theme we keep seeing over and over again, and it's sort of a game at this point. trump attacks these companies on twitter. the companies respond by clarifying with facts and then unveil

melissa: president-elect trump taking aim at general motors today tweeting "general motors, make in usa or pay big tax. now ford is canceling its plans for $1.6 billion plant in mexico. fox business jeff flock is in chicago. jeff, they could read the writing on the wall or writing on the twitter? >> i guess. that's one way to go. ford saying not because of donald trump, though. it's because of market demands. small car sales are down. i'll show you those numbers in a second but, yeah, donald trump is taking credit. take a looat his tweet. ford to scrap mexico plant, invest in michigan due to trump policies. ford ceo was on with neil and neil asked him point-blank, would you have done this if trump was president or not? and he said, oh, we would have done it anyway. but then again he said it's trump's policies that led to this. neil asked what trump's reaction was when he broke the news to them. >> they were very pleased that we were making these investments here in the united states and creating the 700 jobs, building on the 28,000 jobs that we've created over the last five years. so th

trump's latest about general motors. here's the quote. sending mexican-made model of chevy cruz to u.s. across the border. clearly, that was a warning shot across the bow of general motors. then gm released this statement, moments ago: general motors manufactures the chevrolet cruz in ohio. all chevy cruze sedans are built in gm's assembly plant in ohio. trump guy steve cortez is here. seems like mr. trump got that one factually wrong. i think he's got some egg on his face for that. but nonetheless, i read it as a warning shot across the bows of all those companies that make over there and try to sell tax-free here. how do you see it? >> right. stuart, i concur. you know, maybe he got some of the details there wrong. it seems as though he did. but the bigger point, i don't think americans care a lot about the weeds there. i think what they care about is the big picture scenario which is that we have some trade deals that are simply not smart and not fair to the american worker. that's going to change, and it's going to change quickly, in

as for the markets, general motors sur is sraoeufg the trump tweet, breaking evening. the cow gaining 150 points. nasdaq up 44 as we begin the first business day of 2017. >>> all right. >> scott, thank you very much. this is pretty incredible video to watch. a 2-year-old boy came to the rescue of his brother underneath a toppled dresser. the video is dramatic. both boys are okay. >> there is a happy ending. they were playing in the dresser when it fell over right there. and that looks awful. it trapped one of them underneath the furniture. the other one, every ounce of strength he's got trying to lift it up. he pushes a few times, finally allowing his brother to wiggle free. he takes care of business. the boy's mom decided to share that video to raise awareness about the dangers of in secured furniture. that dresser has now been fastened to the wall. amazing to watch the one brother help the other one. >> you have to watch televisions, everything as well. >>> we'll be raining all day here. >> yeah. there will be breaks in between. we will see that now as we go through

will talk about him some more, this time in the context of american business, he has criticised general motorsmotors in a tweet over where it manufactures ca rs. motors in a tweet over where it manufactures cars. we will get into that. kurdish militants say that a british man has died alongside them. ryan lock, 20, died during an assault on and i is stronghold, one pro—kurdish campaigner, mark campbell, says the family are struggling to come to terms with the news. it is age and is shocked to them. ryan had said that he was going on holiday, apparently, to turkey, back in august. then he had put a facebook post up saying he had arrived in syria to fight isis. for your 20—year—old son, to see that, must have been awful. final confirmation on friday, and then went to visit them on sunday. two days later. so they were just obviously incomplete and utter devastation. distraught with grief. day i of the dayi of the new congress, there has already been a major u—turn from the republican held lower house on the issue of congressional ethics. some of the main stories from the bbc world service, yester

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>> well, i don't think that it's an issue for general motors. it's an industry issue. i would have to say that it's a very complex subject that is very difficult to do justice to in the space of a sound bite. there are pros and cons to every decision. i would simply say that for cadillac we produce all our vehicles in the u.s., except for the ones that we sell in china. for general motors the subject in question was the chevy cruze and, yeah, we have a vast manufacturing facility in ohio where we produce chevy cruze sedan for the u.s. market. we have a mexican plant that produces cars for the rest of the world. and the rest of the world prefers hatchbacks and not sedans, that's what the u.s. preference is. so we import a very low volume of cruze hatchbacks for the u.s. market, all being exported to the rest of the world all for major important market for mexico itself. >> johan, it's good to see you. thanks for talking about that and the brand at large. johan desps ny-- we go to capit hill. >> -- in so many parts of the country as you've always heard, even if you want

raghuram: general motors put out generalent -- mike: motors put out a statement saying that all chevrolete in the united states. that has beenlant handling it for the last 10 years. sales of small cars have tank. we have seen people going to suvs and trucks. in november, gm announced it would be canning one plant shift. 1200 jobs will be furloughed or could be called back. it does not look like americans want to buy that car. meantime, general motors has been making a hatchback ze inon of the cru mexico. it's in part because mexico has free trade agreements with some many countries. they can export those not to the u.s. but to other places. was selling a lot of cars, they started importing some into the u.s.. that is supposedly going to and when they cut that third shift at the end of this month. there will not be any cruzes coming from mexico. this donald trump know that and just plans to take advantage of, hey, i did it? gm saying firmly that we make all the cruzes we sell of the united states. jonathan: he wants jobs in the united states could the dat. the data point that just dropped

a long time ago the boss of general motors said what's good for general scat motors is good for americafree trade agreement for the disappearance ofjobs to mexico which come into the us tax—free under that agreement. gm put the record straight. the model he picked out the cruze a fraction sold in the us are made in mecs dough, but millions of cars are made in mexico. the message was clear. his pre—election hostility to the free trade agreement is very much still in force at least according to the followers of his favourite social media site, twitter. what effect is this having on board rooms across the us? it is intimidation. we saw the share prices when he took a swipe at lockheed martin and boeing suffered. gm's rebuttal of the facts of this particular tweet have meant that shares recovered from early losses, but there is no doubt there was a few ruction ins board rooms at gm today. you have to think that, if push comes to shove and they have a decision about whether to make the next model in ohio or mexico, that's going to make a difference and that kind of intimidation, that shootin

general motors is expected to announce it will invest a billion dollars in its u.s.e that will keep about 1,000 jobs. the investment has been planned for months, saying today it will boost investment in its u.s. investments to $3.1 billion over five years. the korean automaker has a plant in alabama and georgia and mexico. the move follows threats by president-elect donald trump to slap a 35% tax on imports of cars from mexico to the u.s. meanwhile, investors are eyeing a pair of giant merger deals today. british american tobacco is buying the rest of reynolds american for $49 billion. reynolds shares are up sharply in premarket trading. the maker of ray ban and oakley sunglasses is combining with essilor in a deal also worth $49 billion. shares are up 8% this morning. and look, ma, no hands. airbus plans to test a prototype of a self-driving airborne taxi by the end of this year. it will likely use four rotors to allow for vertical takeoff and landing. the company's partner in the project aims to have a viable aircraft in production by 2021, aman and francis, back t

trump slamming general motors for manufacturing on mexico. but he tweeted the headline. ford's mexico plants, invest in michigan due to trump policies. a lot of moving parts here. if donald trump comes out of the gate, he slams general motors and ford seems to get their minds right borrow a line from "cool hands luke." saying we are not going to spends $4.6 billion in mexico. he undstands he can work these guys. most of these guys are pretty conservative. they got there because they have played the politics and didn't make a lot of waves. they don't want to be the target of donald trump. the other thing toys protect the brand. in this case there is no question he's influencing. wi that make a big enough impact on the economy? i think it adds to it. no question by the. one thing is no one is talking about is the robotic side of this which is yes they are not moving them to mexico. but i'm interested to see what would can the adjustment in robotics in the united states, and i bet you it goes up. >> i think right now the most important thing is for donald trump to try to st

take a look at shares of general motors and ford. we're showing you guys since the election of donald trump what those shares have done. ford today, by the way, moved slightly higher after the announcement it was canceling plans to build a plant in mexico. >> if you take a look at ford shares, it looks like investors believe that ford somehow escaped the ire of donald trump yet would still be subject to the border tax. they're going to be producing, moving some small car vehicle to mexico. one would assume that would be what you mentioned, gm produces 4400 cars that are brought back to the u.s. >> right. that's just the cruze hatchback. 400,000 in terms of total vehicle. >> there's still a lot of fallout to be felt. >> absolutely. >> essentially. >> melissa, you're looking at about 3 million vehicles imported to the u.s. from mexico annual annually, in terms of sales. that's all automakers. a border tax could have huge implications. we did the report a couple of weeks ago that there was a trade group funded in part by the automakers

goldman sachs going bullish on general motors, going to 41-- >> 31.hey'll well over 30 and they-- >> they've got a wrong, what they're saying, let me move my target price up so i don't look like i'm wrong. liz: they finally went from bearish to bullish. stuart: we're off and running and dead flat for the dow industrials. can we see the automakers, please, have a look at their stocks. they've not finished that meeting there at the white house and we haven't heard from the executives as they leave, but none of the less, there we go, ford, gm, fiat chrysler, all of them up. fiat chrysler, especially, 4% higher. general motors is at 36, that's interesting that goldman sachs would say, oh, they're going to go to 31. >> they were at 29. stuart: i got it, i got it. ford is at $12 a share. i'm not seeing that much reaction except in fiat chrysler. who do we have on this auspicious. mike murphy op my left. physically. and we're down 9 points. pretty flat opening. which individual stocks do we have to talk about in the early going. i want to know what's moving.

scott used to work for general motors and he's still grappling with the cultural differences.als and our standards, there are a lot you don't necessarily see here that you would in an established american company. the american dream's taken a hit at the local tavern, though, where there's nostalgia for the gm days when business was brisk. the tammy's regulars say, thanks to fuyao, things are picking up. my son is working there, he's building the catwalks and stuff inside the place. experts say this is the future. china has been rapidly increasing exports to the united states. it is trying to move from an assembly plant to be involved in the distribution system, getting close to the customers. can they penetrate deeper into the american market? donald trump threatened to impose ta riffs donald trump threatened to impose tariffs on chinese imports and his rhetoric against china is heated. geoffrey louise and worried. we don't really talk about politics, we talk about local people. the us and china. we are trying to follow the american dream. the american dream has taken a hit at

general motors plans to invest $1 billion and move 450 jobs from mexico back to the u.s.rt announcing it will add 10,000 jobs. and trump tweeting thank you to general motors and walmart spr starting the big jobs push into the u.s. >> it's awesome news for the economy and the auto news, but were some of the jobs already on the docket to be created the u.s. or is some of this creatively timed? >> perfect question. the reality is many of these were in the pipeline and were discussed quite some time but you do have to give trump and the administration a lot of credit for the fact that they have been having this dialogue with ceos around the country of what do we need to do to give you the visibility and incentive to keep jobs in the united states? so it's a dialogue between protectionalism protecting jobs from going overseas and to their great credit they're starting to give ceos what they need and what they are thinking about ere sing -- every single day is visibility, around taxes, legislation to keep my factories in the united states and they have spent an awful a lot of t

general motors investing billion. so, you know, we have hondaai invest 3 billion and still open a factory in mexico. mexico has a lot of advantages over america. and you led in with brexit and what they were saying. we want a quick trade deal with uk. we want better trade deals with the planet and the advantage with mexico we can can level the playing field without putting a 35 percent tariff on german automakers. >> he's not even in the white house. with the bayer deal. 8 billion investment. what does did the first 100 days look like as the tariff deals. >> i hope it is seat of the pant's stuff and i hope we keep the momentum where people feel better. general motors, they are bringing jobs backing from mexico can. 450. not all of the jobs. but they are not leaving, they are coming back. we want that momentum to continue. the notion of getting in a big protracted trade war, we are concern body that. theressa may and the president of china extolling the virtues of free market and global tray and taking away the populs

luego cayeron las acciones de general motors.l proyecto de construcciÓn de una fÁbrica en mÉxico. ahora colocaran una planta en michigan, pero fort continuarÁ adelante con la idea de construir una planta en mÉxico. presidente donald trump a tratar de presionar a la compaÑÍa de que fabrique ese auto en estados unidos. tornados que dejaron cuatro muertos en alabama. viviana Ávila nos muestra lo que pasÓ. viviana: una estela de tormentas severas, granizo y hasta 12 formados confirmaron afectados -- confirmados azotaron el lugar. un Árbol cayÓ sobre una casa mÓvil. cuerpos de emergencia indicaron que en ese momento habÍa 7 personas dentro de la vivienda. " muchas personas mÁs resultaron afectadas" dijo este representante local. muchas personas perdieron la vida en la florida debido a las inundaciones. tambiÉn en la florida las tormentas derribaron Árboles y uno cayÓ en la casa de esta familia. derribÓ el techo >> . en los prÓximos dÍas no pronosticamos mÁs tormentas. reportera: en chicago hubo o alerta por fuerte neblina. otros estad

i hope we can move forward with the general motors as the .ndustry standard previously, general motors is the industry standard. good jobs with benefits, a pension, and high paying jobs. as you worked, your salary increased. cost-of-living increases. the industry standard is walmart. locate jobs where we have to supplement their incomes with food stamps and medicare with our tax dollars. i would like to ask, this america first and americans only, i find that deplorable. we have enough jobs, that if you have a citizen -- whatever you are, legal citizen, resident, you should be able to work here even if you aren't an american. i find that deplorable. host: kim, go ahead. guest: thank you for taking my call. a message. it seems like it would be a great time, a no-brainer for the new president, donald trump, to fdr work program. i think investment in infrastructure is important. power,elopment of wind creating jobs. hasink the infrastructure problems in america. jobs time to get back to that will improve things that need to be done in the country. i am calling in to say that it , no-braine

threatening to slap a border tax on general motors for importing compact cars into the u.s. from mexico. >>> and jewthieves get away wit jewels on new years eve in new york. >> quite a story. meteorologist, has your seven-day forecast from accuweather and much more when "action news" at noon comes right back. >> announcer: two moms and their sons are kicking off the first ever mom's cook off. going dish to dish to impress emerald. an old school eggplant parm, next rachael! ♪ if you take medication, you may sometimes suffer from a dry mouth. that's why there's biotene. and biotene also comes in a handy spray. so you can moisturize your mouth anytime, anywhere. biotene, for people who suffer from dry mouth symptoms. >>> a 16-year-old girl is now facing charges following a violent encounter with a police officer. this instagram video shows police sponing to a call for a person with a weapon at 54th and springfield yesterday. they arrived to find a large group of teens fighting in the street. the officer forced the girl to the ground and jumped on top of her and hitting her. but

. >>> on the "cbs moneywatch," general motors takes a stance against a trump tweet and uber reveals aeter way to travel. jill wagner has more. good morning, jill. >> good morning. >>> the dow keeps flirting with the 20,000 mark but the s&p and nasdaq closed at a record high on friday. the dow closed up 33 points, the nasdaq gained 13, the s&p was 15 points high jeer the italian awe o'maker says it will awe on theize factories in warren, michigan, and one outside of ohio. this is part of their plan to add three new jeeps to their lineup including a pickup truck. >>> despite criticism from president-elect donald trump, general motors has no plans to change where it produces small cars. last week mr. trump threatened go impose a border tax on the chevy cruz. mar mar all of the sedans are made in ohio. >>> and uber is sharing ridership fees. they're launching a new website called movement. they'll show average travel times on specific routes. they believe it will allow the city to make better plans. city officials have complained that uber withholds too much data. >>> and "star wars" cont