the old gm transmission plant, a main stay for nearly 80 years, is shutting down this week, and now.ann thompson. >> it's been a hard many are asking what now here's ann thompson. >> it's been a hard couple of weeks. >> reporter: in her voice, you hear the toll of gm's warren transmission plant idling. the president of 177 united aut united auto workers who must now relocate to a gm plant anywhere bs that pay up to workers who must now relocate to a gm plant anywhere in the country or lose jobs that pay up to $28 an hour plus benefits >>> if the economy is doing so well, won't it be easy to find another job for you and your members? >> yes, i could go out and i could get two or three jobs to make the wage that i make. but then i have even less time with my family why would anybody want to do that >> reporter: the last transmission produced last week, and already the ripple effect visible in the empty tables at david's motor city sports bar and grill. is this something you planned for? >> no, not at all. >> reporter: tough times for some, but not all. demolition contractor derrick buc

i rather be in gm over ford.m pared down their exposure to europe ford the still has exposure to europe that's where i rather be but i mean they all just trade -- well gm, doesn't trade well at all. given the earnings power that it has. i would like to see them put up another good quarter hopefully one day epithet get credit for it. >> think about the warnings and bad news we got out of a lot of german copes sap, bosch not bosch. and then continental now ahead of an ecb meeting on thursday >> one of the things that global markets and investors should be happy about is the german economy needs the ecb to be as dovish as possible germans have been pushing back in days before driving inserted themselves but brian brings up a great point. auto sales have been under pressure that it. when i look at u.s. stars we're not expecting any miracles peak auto was a trade three years ago. gm is up 20% off those lows with six and a half times earnings multiple i agree with karen i don't know what it takes to knock it out of thi

the president of 177 united auto workers who must now relocate to a gm plant anywhere in the country jobs that pay up to $28 an hour plus benefits >>> if the economy is doing so well, won't it be easy to find another job for you and your members? members? >> yes, i could go out and i could get two >> yes, i could go out and i could get two or three jobs to make the wage that i make. but then i have even less time with my family why would anybody want to do thatr: the last transmis >> reporter: the last transmission produced last week, and already the ripple effect visible in the empty tables at david's motor city sports bar and grill. is this something you planned for? >> no, not at all. >> reporter: tough times for some, but not all. demolition contractor derrick buchanan works 60 hours a week >> right now for me and my family, it is great. >> reporter: they have no plans to turn on the democratic debate >>> who is better for business, the tigers, the lions or presidential politics? >> sports most definitely. >> reporter: like many here he focused on the gm uaw contract talks that w

the gm plant is closing in a county that went for trump in 2016.from tonight's debate stage. plants closing and what they mean for 2020. it was the president on the stage at those rallies saying, don't sell your houses. those plants will not be closing. then he realized he doesn't control it. you should be mad that this is your daily commute. you should be mad at people who forget they're in public. and you should be mad at simple things that are unnecessarily complicated. but you're not mad, because you're trading with e*trade, which isn't complicated. their app makes trading quick and simple so you can strike when the time is right. don't get mad, get e*trade and start trading today. went to ancestry, i put in the names of my grandparents first. i got a leaf right away. a leaf is a hint that is connected to each person in your family tree. i learned that my ten times great grandmother is george washington's aunt. within a few days i went from knowing almost nothing to holy crow, i'm related to george washington. this is my cousin george. discover

. >> reporter: in her voice you hear the toll of gm's warren transmission plant idling.d auto workers who must now relocate to a gm plant anywhere in the country or lose jobs that pay up to $28 an hour plus benefits if the economy's doing so well won't to be easy to find another job for you and your members >> yes, i could go out and i could get two or three jobs to make the wage that i make. but then i have even less time with my family why would anybody want to do that >> reporter: the last transmission produced last week, and already the ripple effect in the empty tables at this motor city sports bar and grill. >> is this something you planned for? >> no. not at all >> reporter: tough times for some but not all demolition contractor derek buchanan worked 60 hours a week. >> right now for me and my family it's great. >> reporter: he has no plans to turn on the democratic debate. >> who's better for business, the tigers, the lions, or presidential politics? >> sports most definitely. >> reporter: like many here he's focused on this fall's gm uaw contract that will deter

. >> why gm? >> gm also t on thede side. other part too is realize when the dollar's strengthened fairlydramatically, and any corporations that have earnings from overseas getting converted back to dollars areng to be weaker. >> all right. so you also gave us a couple of sectors that will be leaders, financials and health care. why? >> sure. so financials, which is one people might miss because we've been talking so much about a rate cut. >> right. >> it is not here yet, so the banks are still enjoying that higher federal funds rate on theirpo ts, so that's going to translate into better business for them. also, they have a lot ofue rev that is based on asset-based pricing. when the market is up, those fees are up. solshey should enjoy that this quarter. >> i find it interesting that you feelhat expectations have been too low for this coming earnings season whe we sit here at all-time highs right now. >> wwell, that'st we're sitting here at all-time highs, but i think anco -- if there's herd mentality, once you bove corporat

gm is not prepared for a market battle like this.entoryrying to get out there to dealers, getting their assembly lines going. meanwhile, they are getting hit at the high end with this luxury pickup, and at the lower end with these discounts. shery: quickly about sedans? >> they are cratering right now. some lexus sedans were down about 30% a month. have seen forecast saying the market will bottom out at 30%. it just does not seem to have a bottom. it seems consumers want to buy crossover suvs and getting out of your basic sedan. shery: david welch from detroit with the latest on u.s. car sales. plenty more in the next half-hour, including the latest on the european leaders. this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg first word news. bank of believing governor mark carney has weighed in on the growing tensions with united dates over the subsidy dispute between boeing and airbus. he warned that rising protectionism could prompt "widespread slowdowns." he also said a shift in policy is needed. carney added monetary poli

this is one of several plants that gm is idling. what come next for these workers?these workers it's decision time. it's beyond decision time. there were 262 affected here at the gm warren transmission plant. 60 of them have moved to other plants. 25 have decided to retire. for the others left it will be a choice. either they accept an assignment to a gm plant anywhere many the country or lose their jobs all together. these are very good jobs. they pay up to $28 an hour plus benefits. they have a big impact on the economy. >> it's not just 177 people. it's an entire community. when we leave, we take our tax dollars, our earned income and we leave this community. the stores, the businesses, the banks, the gas stations. all of those things rely on us. that 177 people make a huge impact. we impact the schools, the roads, all of those things. >> that is very true. for a lot of the workers here there's great uncertainty. many people want to stay and don't want to relocate to texas, tennessee, somewhere else around the country even though they would have a job, they have

. >>> gm unveiling the new corvette stingray but some long-term corvette enthusiasts are not happy.llip joins us to now. >> the purest may be saying this is not a vet because the engine is not in the front. i saw it last night and i think this new vet will do well in terms of sales last night they show it to us in california this new vet is significant because it's the first time they have moved the engine behind the driver that's why they are calling it a mid engine chevy corvette and the price point is under $60,000, which is why the president of gm thinks this vet will attract a lot of buyers. >> when you look at some of the traditional muscle cars, you know, reaching price points over $70,000, we're going to bring a mid engine exotic super car corvette into the market for under $60,000. i think it changes all the dynamics of who buys what and when they buy it. >> as for general motors, building the new vet they are starting production and added a second shift at the bowling green, kentucky plant where they build it 400 jobs going in there and this is a nice shot in the arm as th

a top priority for the new gm. >> riders would love to see b.a.r.t. police officers coming onto the trains. they will love to see someone walking through that has some authority to kind of regulate things. when we start doing that, it will be a happy day and i think our riders will feel we've started to turn the corner. >> reporter: well, that new gm is going to get quite an earful when he ventures into the b.a.r.t. system and starts to talk directly with riders. larry and ama? >> all right. you know, les, what about all the brokenscalor t tipling list of issues. i'm not sure that's at the top but it is an issue. >> reporter: it's a serious one for those who use the system and in fact, b.a.r.t. addressed that today. the plan is going forward, the 19th street station in oakland will get a new elevator and they are -- they've had the money in the pipeline for a while but next year, they're going to start putting in and installing those 40, 40 replacement escalators. b.a.r.t. told me today they're calling 2020 the year confident escalator. in walnut cree

current gm owners can get over $5,100 low msrp on this equinox.ew roads at your local chevy dealer. >>> we've got storm team 4 weather alert under way as track another round of storms that could move through our region. earlier we saw storms rip through parts of montgomery and frederick counties, even shutting down i-270 for a while. the doug and amelia will bring us an update on thetorm and big changes on the way in ale coupf minutes. >> it's been nearly 400 years since the first representatives asembly was held in virginia. thxt week the commonwealth will pause to mark occasion. >> president trump has been invited and may attend by m keep some other lawmakers from going. news 4's corey smith reports. >> next week marks theth 400 anniversary of the firstta represve assembly in the new world and the fst arrival enslaved aricans to north america. both events shape the commonwealth of virginia, the country and the family of ov lieutenant gnor justin fairfax. >> this is the original deed, the document that freed my great great great grandfather simon

there, look, ford and gm we have seen as companies can die verge in terms of the story gm if anythingicult choices in terms of closing down unprofitable businesses doesn't change my view. >> here is a would you rather. >> is it a pick your poison? >> no, i said would you rather because it is a would you rather i didn't say pick your poison. >> okay. sorry. >> ford or tesla here. >> ford or tesla here? >> tesla. >> geez. >> tesla it is crazy, i know, but given the choices of the two, tesla. i mean ford has been grim death now for the last six years there's no reason it shouldn't continue to be so. tesla. >> i bet with my wallet, it is tesla. >> you guys are crazy. >> ford does nothing. >> it is barely double digits, right? >> first of all we know ford will be in business in a couple of years, i'm not sure about tesla. >> we don't know that. >> by the way, the free cash flow i think is a function of inventory -- ed mccabe is a research analyst that sent me a note that's whaths.t is i >> name drop. >> up next, final trades >>> final trade time pete >> we've been talking about tesla. how

now they have hired a new gm. >> i'm so humbled. it is a dream i've had since i was a kid. and to have that happen i'm very grateful and very excited. i can't wait to t going. >> another new face in the monumental sports group is a familiar one. former georgetownac coh john thompson iiiill need the new athlete development and engagement partment. thompson will focus on the wizard and mystics on and off the court iluding post playing care career. >>> errning around the weath chuck. hello, chuck. >> hey. don't mess with me. i'm social mediaing right now. >> an important aspect to this too. >> it's like it never happened! >> we are dealing with a big change coming up. video for facebook and twitter.o ll have your umbrella at the ready because more steadier rain where this came from. complete check of today's forecast and return of much appreciated sunshine coming up. >>> right now first 4 traffic alert three crashes and bad accidents on the beltway 37 two on 270. on 270. a mess not all water is created equal. only 1 billionth of 1% is

gm says the starting price will be less than 60 grand. the previous version of the corvette has sold more than 100,000 units in the u.s. since 2013. looks pretty good to me. back over to you. >> i'll pretend i know what dual clutch even means. >> come on! >> it's a guy thing, dual clutch, laura, it's got two clutches, it's got four pedals, brake, gas, two clutch -- good thing. have a great weekend, frank. >> we'll leave it at that. >> that's how it works. it's got horsepower as well. >> you drive a stick? >> i do, actually. >>> coming up on "today in the bay," your friday forecast with kari hall. >> starts out with a few low clouds in walnut creek, as you get ready to head out the door. our temperatures in the low 60s, and another beautiful day ahead. triday. we'll talk about what's ahead for the weekend, coming up. >>> and weighing in at the fremont truck scales right there, just off the nimitz, 880 a smooth drive right here, light volume of traffic. roadwork cleared from palo alto. we'll see what else is going on for the changes on the

current gm owners can get over $5,100 below msrp on this equinox.roads at your local chevy dealer. >>> welcome back. the time is 10:11. there were tense momes in moscow. riot police clashed with demonstrators. people took to the street to protest political candidates barred from participating the city's local elections. hundreds were arrested yeste authorities said the protest was illegal beforehand. it's c notear what charges those who were detained may face. >>> well, back here at home president ump is threatening to slap tariffs on french wine. the move is in response to the country's new tax affecting u.s. technology companies. the tax would impact tech giants like facebook and google that draw millions of dollars in revenue from digital services in france. last year fran exported $3.6 billion in wine though to the u.s. id president reportedly s that he likes american wines better anyway. interesting. >>> crews rescued 700 passengers from a train after it got stuck in a monsoon in india.nt the coury's disaster response rce launched a rescue oper

if you let gm write to the whistleblower law for the auto industry. what do you think it will look like? is essentially the employer of the federal government employees. they've written the worst law for federal government employees. it's terrible. and the fact that this board, there's not even a member of it. it means no whistleblower retaliation case can even be decided let alone ruled against. it's horrendous. host: out of tennessee, this is a democrat. good morning. caller: how are you? i worked for the federal government already seven years. i'm 72 years old. been retired 17 years. the 1980's i ratted out a guy who was making personnel decisions. the guy was a holy roller. he was making personnel based on his warped religious beliefs. and i found out later, years this that they acted upon and i found out all the details later on and it was really funny. you find all kind of nuts working for the federal government and they've got unlimited power. read in tennessee. anything you want to comment on? guest: federal employees have a lot of power over

it is like gm passing a whistleblower bill, it won't happen. it is up to the american people to demand these laws go through. host: you say it stalled, why? guest: because we have been trying to get it. we've had it once through the house, once through the senate, and every time, it gets blocked. we know why, the bureaucracy, the general councils. they gang up and put pressure against somebody. host: to mark washington, d.c., a democrat, good morning. caller: good morning. i am an attorney and have always considered -- i have a couple of friends that have a billion-dollar prospect that they are considering. ,y main question for you is one, if a relater matter is not picked up by the doj, is his name made public? any have you noticed effects due to the influence of money in politics for an executive agency to determine whether to take or not take up a key town matter? host: hang on the line while we get the answer. host: the answer he used is the word used in the original false claims act signed into law by abraham lincoln on march 2, 18 63 at t

apple, verizon, gm, exxonmobil and, oh, about 150 more companies set to open up their books.he pressure is on the fed holding its two-day policy meeting this week the markets expecting some say needing the first rate cut in more than ten years. now a former fed chair weighs in >>> on route to china, high level u.s. trade negotiations heading back to shanghai this week for the first high level talks since that trump/xi face to face last month what you need to expect coming up merger monday from big pharma to finance. the appetite for deals kicking in all around the world. >>> and disney doing something this year that no other studio has ever done before, oh, yeah, we still got five months to go in the year. so grab your e-ticket. it's monday, july 29th, "worldwide exchange" begins right now. ♪ y good morning, good afternoon, good evening and welcome from wherever in the world you may be watching i'm brian sullivan so happy to be back with you especially on this very busy monday bind us, shares of mylan labs, myl, stock is up 27% in the market deal with pfizer for their generic

ryan: hopefully work with gm into the electric vehicle market.in the united states that we will make 50% of those, then drive those investments through opportunities of, tax incentives. drive that investment, that growth, into the old manufacturing communities, the textile communities, communities of color that have been left behind. this is not about left or right. this is about new versus old. if we don't adapt to the new economy, if we don't understand that there's an industrial revolution happening in the world now and we don't want america to lead it, we lose. there's a way to do this where you cut the workers in on the deal. i'm in theeek that office, they will be a meeting in the white house about how we dominate the world electric vehicle market and battery market. romaine: a lot of leaders, both republicans and democrats, have focused on health care. a big case in new orleans could be one of the death knells for the affordable care act. how do you address the health care issue in this country? rep. ryan: i don't think we should be taking

and he is also talking about gm crops, investment, and more research, which if we have gm crops in northernhe has been talking about free ports, which would mean customs checks inside the uk, perhaps outside samples and cities... he doesn't really talk about that. this is branding. he is going to talk bold, positivity, big bold strokes. he has been elected as prime minister in order to get brexit done by the tory membership. he is not trying to get brexit done. he is not trying to get brexit done. he is not trying to get brexit done. he is trying to get re—elected for another five years may tory majority government and to do what his backers want him to do after that. the brexit he is suggesting is impossible. it cannot be achieved. he is not trying to. he is trying to brand himself as the big ideas, strongman... with theresa may's government, which ended terribly, as we so, they ended completely enthralled to brussels. only somebody a completely weak position wishes to look the strong. you were both pointing out that a lot of this is politicking. you are pointing out the points of the deta

current gm owners can get over $5,100 below msrp on this equinox. find new roads at your local chevy dealer. >>> nice. cheers from the crowd at nats park last night at world cup champions rose lavalle mallory pugh threw out the first pitches from last night's nat game. they threw to the wrongat ccher but that cots. and they are world cup chances. >> that is hard to do! there you go. back-to-school is a busy time of the year for our local families. fairfax county is trying to make it a littleasier for you. they are offering freely physicals and vaccineto kids who don't have health insurance and the clinics are put on by nursing students from george mason university and they are getting practice as well. parents say it's helpful. >> i just got a new job, so i don't have health insurance yet. so why i came here to this clinic they offer what is amazing. >> eight free clinics located around nthern virginia. so far, they have provided almost 2,000 free physicals for local kid. virginia does allow parents to opt out of those immunizations but you must sub

as a comparison, gm—owned cruise reported to california regulators that they went more than 1200 milesand waymo said that their california test cars went an average of nearly 5600 miles before driver intervention. reports said that the uber vehicle actually detected elaine herzberg six seconds before the crash, but the perception system got confused, classifying her as first an unknown object, then as a vehicle, and finally as a bicycle. those volvos came from the factory with an accident avoidance system, one of these new semiautonomous systems that a lot of the new cars have. 1.3 seconds before impact, the self driving system realised emergency braking was needed. however, uber had disabled the emergency braking system on the volvo to prevent conflict with the self driving system. nevertheless, prosecutors have determined that uber were not criminally liable in the death. if uber hadn't disabled the technology that potentially the vehicle would have detected the pedestrian even without the uber autonomous technology, just with the volvo technology and stopped the vehicle. but uber di

bart's new gm tells us with a his number one priority is. a h number one priority is. his number one priority is. h a his number one priority is. at a his number one priority is. a his number one priority is. his number one priority is. introducing togo's new hot chicken sandwiches. the brewpub chicken with grilled chicken, crispy smokehouse bacon, and fresh avocado. the new buffalo chicken with frank's redhot wings sauce. or the tangy barbecue chicken with chipotle mayo. the new hot chicken trio at togo's. how far would you go for a togo? >>> u.s. marshals think they have caught one of the two men wanted for a deadly shooting at a motel 6 in concord. earlier this month they broke into a room and killed a third man. they arrested one man in south dakota. they are looking for the other shooter. >>> stunning video to share with you. an ugly ending of a crash in san francisco. it happened just after 1:00 this morning. you can see it there. police say the car rammed into a fire hydrant. that's what the water is about. the hydrant tore it in half. four people in the car had

with thetin spoke president of gm about the changes to that sports car.e really worked to keep the formula of corvette from and attain ability and aspiration standpoint intact. putting the engine in a mid-engine location here is a big challenge. a lot of the supercars are very expensive. the obtainable aspirational took thecorvette, we front engined corvette to the absolute limit in terms of horsepower and capability and it will make a to this mid-engine configuration, you can see we get an incredible value. a hundred $60,000. an engine that makes 495 horsepower 475 foot-pounds of torque. in incredibly engineered package. alsotility of the car was a big fear for we introduced it last night. we can still carry golf clubs and we have a trunk which is a front truck than a rear compartment as well. is the best of all worlds and wrapped up in a beautiful design. >> you are going to be competing some people charging the same. one of the things you lost was the four on the floor. a 1962 and i had the four on the floor. i can't believe you're giving up the stick

activityery integrated with lots of different aroundring sights at gm the world.here the most challenging driving is. it was great to see it. it is a great team. kyle and dan and daniel, the whole team is really energized. david: i am mindful of the fact that we are beginning the uaw for general motors and other car manufacturers are taking steps in earnest after labor day. how can you move forward your relationship with the uaw? that relationship has evolved a lot over the years. what does general motors want to get out of this? what do they want to give their workers? this is a time in the auto industry when there is relatively high volume, which is great. there is relatively high profitability across the whole industry with most of the makers we are negotiating with as we start. we want our workforce, salaried, hourly, whatever, we want you to share in the success that we have and do everything we can, whatever our job is in the company to make sure we make products like the corvette. those are massive opportunities for us every time we launch a new vehicle wit

as a comparison, gm—owned cruise reported to california regulators that they went more than 1,200 milestheir california test cars went an average of nearly 5,600 miles before driver intervention. reports said that the uber vehicle actually detected elaine herzberg six seconds before the crash, but the perception system got confused, classifying her as first an unknown object, then as a vehicle and, finally, as a bicycle. those volvos came from the factory with an accident avoidance system, one of these new semiautonomous systems that a lot of the new cars have. 1.3 seconds before impact, the self—driving system realised emergency braking was needed. however, uber had disabled the emergency braking system on the volvo to prevent conflict with the self—driving system. nevertheless, prosecutors have determined that uber were not criminally liable in the death. if uber hadn't disabled the technology, then, potentially, the vehicle would have detected the pedestrian even without the uber autonomous technology, just with the volvo technology, and stopped the vehicle. but uber disconnected tha

current gm owners can get over $5,100 below msrp on this equinox. find new roads at your local chevy dealer. >>> back now with a look at our cuerent teures, and it's boiling out there. amelia says this is our sixtha wave of the year. she's going to join news two minutes with a look at how long this is going to last and we'rem expecting s strong storms to move through, too. >> she sold her spotlight beating her idol venus williams and now tennis superstar coco goff is would you go crowds here at the city open here in the district. she will play her first round match tomorrow. our own james handley caught up with her duringrm wa practice and asked her about hes mee to up-and-coming tennis players. >> reporter: you are a role model now to sany young girls and women. what message do you have for them if they are thinking about gettingnto tennis or any sport for that matter? >> just keep working hard and dream big. don't let anyone limit you because the possibilities are endless. >> nco goff plays round three of the women's doubles tournament later today

if it was gm and they wanted a subsidy, goldwater would say to their face, "no, i would never do that," and nixon would say "i think we could work something out." and again, i am not an expert on but i don't nixon, think any of us would think old goldwater lied. he is just a guy who whatever he thought he spoke. i think kirk was pretty taken from that. goldwater calling him from washington, d.c., saying "my two favorite authors are you and friedrich hayek." i need to know what to say to make this work. how will i convince people?" i think a young kirk was pretty flattered by that. he became very involved. goldwater called him all the time. they met at times in places like florida. they with william f buckley strategized, "how do we take out the birchers? we we don't want these people on our side. how do we take out the radical right? none of these people should be a part of genuine conservatism." then the goldwater movement took off in different directions. kirk did not get involved much past 1964. and he was not good at it. he was good, if you want an honest politician, kirk is fanta

for the second quarter ram pickups outsold the gm silverado. an offer of 15% to 20% off ram's suggested retail price was a message that connected with buyers, and will help fiat chrysler's bottom line since pickup trucks have some of the largest profit margins fca sales fell fractionally in the second quarter while gm and toyota were down slightly more overall the strong economy, low unemployment and low interest rates are convincing americans to buy new vehicles, especially higher-priced models the average price paid is now close to $35,000 for the year auto sales are not far from the record pace seen over the last four years while june and second quarter sales are proof there's still plenty of demand for new vehicles, investors remain skittish about auto stocks, which have struggled to kick into a higher gear like the rest of the markets phil lebeau, cnbc business news, chicago. >>> there was a total eclipse of the sun for hundreds of thousands of spectators in chile and argentina yesterday. the solar eclipse was best viewed below the world's

current gm owners can get over $5,100 below msrp on this equinox. find new roads at your local chevy deale >>> the aussie will take over the top spot from katie ledecky andin gold in th women's 400 free. >> bethesda native and pro swimmer katie ledecky finished second last night in the world champions in south korea in the 400 freestyle.she has fo in the championship so she can make up for it. >> katie will be fine. she will be fine. ledecky is expected to be on team usa for the next summer moympics in tokyo which begin one year from ow and you see the countdown that is on. >> we have so many expectations. ewe know the power she hashe in t water. >> she will take the gold in tokyo. >> we are working for you this morning with an item for keeping your kids motivated to read this summer. barnes & noble summding program is under way. it gives kids in first through sixth grade the opportunity to earn a free book. they just have to read any eight books, record them in their barnes & nobles summer reading journal and explain what their favorite part of eac

that was in the late 1970s joining us former gm vice-chair, cnbc contributor bob lutz who worked witht development at chrysler. we watched a couple this morning. i mean, he was a great executive in many ways man, he could sell as well, couldn't he? >> absolutely. that was one of his strongest traits he was a master salesman, brilliant communicator, and extremely convincing sometimes it was dangerous to listen to him because he could make the illogical seem logical, and you believed it until you walked out of the office again so he was brilliant when it came to communications. >> yeah. you know, i think it might be helpful for the younger viewers to frame what the world was like in the late '70s, even early '80s, for the u.s. auto industry from the consumer viewpoint of the quality of auto automobiles and how he changed that equation. >> we were in the process of giving it away to the imports, and the federal had passed fuel economy legislation mandating an average of 27 miles per gallon for passenger cars which greatly benefitted the imports because the imports made nothing but small

gm is the leader. ford has been declining in china. the best thing in china for detroit is the luxury brands, cadillac and lincoln, which seems to be faring well. otherwise china has become a challenge. david: thank you so much. now let's get a check on the markets with abigail doolittle. abigial: this tuesday is shaping up interesting. the average is slipping between small gains and losses. you can see small losses for the dow, nasdaq, and the s&p 500. as an p5 hundred and nasdaq on paste this now multi-day -- on -- we seeap multi-day that one culprit to the sense of risk off on the day underperforming in a vague way, oil down 3.5%. there does not appear to be a clear impetus outside the fact that some investors may be concerned about the possibility that global demand could slow if -- doese war is not weigh on the global economy. investors seem to be taking profit out of that risk asset. if we take a look at the risk -- at the s&p 500, we're looking at a rally. ,ast week we saw the s&p 500 facebook tripping around neutral. this was l

current gm owners can get over $5,100 below msrp on this equinox. new roads at your local chevy dealer. >>> tommy mcfly is scooping out the best things to do from night life to family fun activity. right. a lot going on thisweekend. 50th anniversary of thepo allo lunar landing. a free eagle has land the late night celebration is being osted. there is trivia and art and music and they will be rebroadcasting to the minute. hey will rebroadcast the first steps that coincided exactly with the timing that everything happened 50 years ago on the moon landing. also there willbe a late night a 1:00 a.m. s suit fashion show. >> what is that? >> i honestly have no idea what that is. whatever it is, i want to know more. >> right. >> let's see the pictures. >> if it's space suit swim wear or everyday wear. >> at 1:00 a.m.? >> totally. space suitlike formal attire. i don't know what it is but i want to know re. vegans to carnivore are all welcome to this. the organizers promise they are going to giveou incredible amples for a 10 dollar ticket and get you excited

current gm owners can get over $5,100 below msrp on ts equinox.nd new roads at your local chevy dealer. lyles can finish. >> ran into problems. noah lyles hastest man of all time in >>>ren0 noah lyle is now the 800-meter champion! alexandria's own noah wiles won his first 200 meter. he finish the race at the usa track and field championships in 19.78 second. remember his name as we gear up for the 2020 summer olympics in tokyo. we will root for noah for sure! >> less an year away. there is a bit to look forward to, now, look at that signature! check him out! >> love it! >> cool stuff! >>> you know what? the dog days of summer are here and many are cooling off in the pool but even i the pool looks clean, there could be parasites that could make you and your family sick. >> news4 jummy olabanji is working for you. >> when it comes to pools, which everyone loves, you never knowi what k of germs or parasites 7 surface. the most common culprit that causes swimming-related rylness is a co for short. a small amount could contain millions of germs. id>>

it's the fourth straight quarterly sales decline for gm in china there was a bright note.gm's luxury brand cadillac road by 36% >>> from china to the u.s., what will the road look like ahead for the auto industry in the coming months? fill lebeau has your second half playbook in autos. >> reporter: for automakers and invests, the second half of this year is about tariffs, slowing sales and potential merger deals. on tariffs the big question is if the u.s. puts a tax on vehicles imported from europe. if that happens it could impact sales, which slowed slightly in the first half of the year don't be surprised if nissan, renault, fiat chrysler and other automakers revive the idea of potentially merging operations that could rev up auto stocks in the second half of this year >>> coming up, did you overindulge in honor of independence day you are not alone. we'll tell you the jaw dropping number of hot dogs that joey chestnut ate to win the annual coney island contest >>> forget baseball. some fourth of july revelers participated in a very unseasonal activity yesterday. the pat

current gm owners can get over $5,100 below msrp on this eqnox.d new roads at your local chevy dealer. >>> some of you may have a house here or there and some may couple of dozen house plants. >> here is justin finch with one of those special few who has grown his plant passion into a new book and must-follow instagram page. >> reporter: hilton carter not only knows his plants, knows what you think of them too. >this one here is a neon post and they are what you said earlier, your gran a plant, right? you've seen them in your grandmother's home. >> reporter: maybe you've seen grandma do this one too. it looks wrong. but he is allowed. >> when i come to most i ask if i can take a few. but also purchase a few. that is important. >> reporter: see, you can always find hilton at valley view farms outside of baltimore snipping stems to propagate new plants and buying others to fill already lush studio spaces. going from up high. >> if you want to do it, you have to pull out a big ladder like this. >> reporter: and rely on another one of grandma's tips.

current gm owners can get over $5,100 below msrp on this equinox. find new roads at your local chevy dealer. >>> 11 minutes after the hour. we are staying on top of breaking news in montgomery county right now. u're taking a look at live pictures from chopper 4. this is a house fire on stanley spring. silver fire officials say they are no injuries hereand all of the occupants have been accounted for at this point. you're looking at a one-level home and two-story attachment to this home and lots of solar panels on the roof there. no word on what caused that fire. we will keep an eye on it. >>> new thismorning. >> we decided that netflix decided to edit out a controversial suicide scene from i t show "13 reasons why"wo years after it was released. that graphic scene first aired during the season one finale. the decision by netflix comes er the release of a new study. the study found nearly 29% increase in suicide rates among kids 10 to 17 when show debuted. however researchers could not make a direct link between that show and that increase. the creat

current gm owners can get over $5,100 below msrp on this equinox.s at your local chevy dealer. >>> a house explosion in landsdowne left a man with serious burns. the explosion blue out the back and front of a townhouse and caused minor damage to neighboring homes. a family of four got out of the house without getting hurt. no word on what caused this explosion. >>> a local cop rescued a couple from their burning hfe. st he freed the woman and then found her husband who was still inside and went back in after him. news 4's mark segraves spoke to the officer about this heroic rescue. > reporter: dan and his wife are alive today due in large art to quick actions of montgomery county police sergeant scott brooks who pulled the two from their burning home early is morning. the couple were in bed in their home just off new hampshire enue and randolph road in silver spring when the fire broke out about 5:00 a.m. >> it was a vigorous fire. >> reporter: sergeant brooks was driving to work on new hampshire edenue at that same time. >> observ like a big funnel

current gm owners can get over $5,100 below msrp on this equinox. find lew roads at yourocal chevy dealer. >> announcer: you're watching "news 4 today." >> good. ay you have to get from this car. sit up. sit up. >> pretty dramatic stuff right here. rescue caught on camera in california after a single car crash. the car was on fire when officer crawled in through the back to get to that driver. both thankfully me it out of the car without getting hurt. not exactly clear what caused this crash but goodrk by that officer. >> yeah. right place, right time, you know? >>> 6:13 is your time. it was more than just business as usual at howard university yesterday. there were some students there who heard s from a verycial guest, former first lady michelle obama. she was at howard for the fifth annual beating the odds summit. it's an event for first generation college students. as news 4 cory smith shows us, mrs. obama's message was simple but powerful. >> reporter: each person on this howard university stage first generation college students listening to the

current gm owners can get over $5,100 below msrp on this equinox.new roads at your local chevy dealer. >>> 50 years ago today,00 6 million earthlings were glued to their sets watching as man walked on the moon for the very first time. nasa iseb celrating the 50th annivsary of the apollo 11 mission by re-creating the launch tonight of aat nional mall. news 4' amy cho is live outside on this hotday. with a preview of what's going to be going on tonight. it will be worth it, though. >> just a few hours to go until that big celebratio let me tell you, this heat out here is absolutely brutal. it feels like it's going swimming in humidity, it's almost hard tobreathe, the oppressive heat has not stopped folks to come out to the national mall to celebrate a hugment in hume around history. tonight, marks 50 years to the day that mankind landed on the moon. each night this week, the washington monument has been prjected an image of the saturn 5 rocket. they have also been putting on a show that re-enacts the landing. nasa has also been giving outdy god bags.

current gm owners can get over $5,100 below msrp on this equinox.ind new roads at your local chevy dealer. . >>> and welcome back to "news 4 at 4:00." it's going to be a great night to have dinner outdoors. doug will join us live from a swimming pool. an early look at your weekend forecast, too. that's coming up in just two minutes. erika? >> there is a new ice cream store that just opened up in the district, and along with serving up licious treats, it's giving back to the community. news 4 talked to the owner of here's the scoop about achieving her life long goal and helping others to follow in her footsteps. >> i lovecr icem. i think that it just makes people happy. >> reporter: it's hard not to smile when you walk into this smalli vant ice cream shop on georgia avenue northwest. here's the scoop is karen sellers' brand-new business, a dream 15 years in the making. >> i'm a member of the national ice cream association. i've traveled all over. >> reporter: the washington, d.c. native ha been a hairstylist for 20 years, but she has alwaysreamt of d

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a top priority for the new gm. >> you know what riders want? they would love to see bart police officers coming onto the trains. they would love to see just someone walking through that has some authority to kind of regularize things. when we start doing that it will be a happy day and riders will feel we've turned the corner. >> reporter: you can imagine if you ask bart riders what complaints they have, they'll give you quite an earful. i think the o get a lot of information when he starts asking riders what they think. back to all the broken escalators? that's a big problem. so what's the timetable on getting those replaced? >> reporter: well, yeah, that's finally coming through the pipeline from what he expressed today and the bart officials i talked to today. starting in 2020, bart's calling it the year of the escalator. they say that they've got 40 they're going to be replacing, most of them in san francisco, and those escalators, as new ones will come on board, be transferred in and out starting next year. reporting live in walnut creek,

current gm owners can get over $5,100 below msrp on this equinox.ads at your local chevy dealer. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> rain is causing problems for the nats. >> we know it's officially delayed start for the game tonight. the nationals, ty're different compared to the way they started. the first four games, they were 1-3. but post all-star break the cord is 3-1, adding to that, game two iale of the beltways against the o's and the natsho streak has seen them winning the last 31 of the last 43 games. long balls in 20 of the last 22. they marked ite adams g a plaque right on that spot. juan soto showing off the wer in baltimore. soto passed ken grieffy jr. wth the fourth most home runs hit before age 21. soto's birthday isn't until after the season.h so he sould shoot up that list.s thteam not surprised by all the baseballs flying into the seats. >> goes up and down the le. everybody has got power. even our pitchers watching them come out and battie. practic you know, i think it's part of the game. we're putting the ballp and they're going. >> it's amazi

this morning plus the best sports car for your dollar is about to get a little meaner under the hood gms lifting the curtain on its 2020 corvette redesign we'll take a look. >>> and earning his title of activist, carl icahn launches a new front in his fight with occidental petroleum a busy hour still ahead when "worldwide exchange" retnsur fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right - by consolidating your credit card debt into one monthly payment. you can get your interest rate right - by locking in a fixed low rate today. and you can get your money right. with sofi. check your rate in 2 minutes or less. get a no-fee personal loan up to $100k. we carry flowers that signifyn why we want to end the disease. and we walk so that one day, there will be a white flower for alzheimer's first survivor. join the fight at alz.org/walk. >>> there's a live shot of the big apple, new york city, where it's about to get steamy and hot. heat watches and warnin

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the team's gm says that's exactly what tyler skaggs would have wanted. >> scott mcclain on the scenevery much. >>> just maid after president trump ventured on to kim jong un's turf could concessions to north korea be next? we will tell what you we are learning tonight. we'll be right back. with amazing amenities like movie theaters, exercise rooms and swimming pools, public cafes, bars and bistros even pet care services. and there's never been an easier way to get great advice. a place for mom is a free service that pairs you with a local advisor to help you sort through your options and find a perfect place. a place for mom. you know your family we know senior living. together we'll make the right choice. most people think a button is just a button. ♪ that a speaker is just a speaker. ♪ or - that the journey can't be the destination. most people haven't driven a lincoln. discover the lincoln approach to craftsmanship at the lincoln summer invitation. right now, get 0% apr on all 2019 lincoln vehicles plus no payments for up to 90 days. only at your lincoln dealer. you'when you barel

current gm owners can get over $5,100 below msrp on this equinox. find new roads at your local chevy dealer. >>> 50 years ago, the work of more than 400,000 people the course of history when two men set foot on the moon. >> that's right, and this weekend washington is home to o onethe biggest celebrations of apollo 11's 50th anniversary nbc's jay gray reports from the smithsonian national air and space museum. >> that's one small step for man, one giant ap for mankind. >> 50 years later, those words still echo across time and space. neil armstrong and later buzz aldrin walking along the surface of the moon and into history. >> buzz is erecting the solar wind experiment now. >> reporter: theyspent two and a half hours gathering samples and planting the american flag and llow crew member michaelol cns piloting the command module circled above what he called. >> the magnificent spear, magnificent. >> reporter: but it was looking back through the window of the spacecraft that left a lastingp imession during this historic journey. >> the whole show was t

current gm owners can get over $5,100 below msrp on this equinox.er chevy to your driveway. find new roads at your local chevy dealer. >>> you know they are satl operg on the streets of puerto rico because you know they only have to deal with the governor for about a week. ricardo rossello is vowing to diminish public pressure and is stepping down. after two weeks of protestinge ovr leaked crude and insulting chat messages between the governor and his tops. advis puerto rico's justice secretary will take over as governor as of next friday. >> dgraced billionaire jeffrey epstein is on suicide watch. he was found in his jail cell with marks around his neck. vectors are trying to determine if he was a victim of an attack or if he tried to hurt himself. two sources tell nbcws epstein tried to hang himself. an inmate was questioned but the man's attorney says his client was not involved. epstein is in jail for conspirg to traffic in teenage girls for sex. had's pleaded not guilty. >>> in our area a virginia family is dealing with a double layer of grie a