which this administration has approached its duty to inform consumers about the apparent risk that gm chevy volt can catch fire. while it remains to be seen if it deserves special treatment, it's clear that the administration has tremendous incentives in the company and the vehicle. in the face of that political dependency, the public notify asian of the safety concerns related to the volt were delayed for six months. the period of time that also coincides with the negotiation over the new fuel economy standards. it's also troubling that during a subcommittee hearing this very subcommittee in october 22011, there were concerns about the advanced vehicle and it would have been of interest to committee members. but for a resourceful bloomberg reporter who reported on the fire in november 2011, it's unclear whether it ever would have made news of the volt fire made public. it opened a safety defect investigation. in addition, the subcommittee is also concerned # about the preparedness of nitsa to regulate vehicles. president obama set the goal of one million electric vehicles on the road by 20

. >> this car is from gm, the chevy happy trail. get into this because our time is fleet, sadly. >> same thing about rob, this is a regular person who sent in this idea, right? >> it was a way to get consumers engaged with the brand early on. i'm routing for this one. last one i saw, no movie references but a great story. don't miss the beginning. that's a great story that's built into this commercial. the over all story is that the car industry is back. 14-plus car herrings and it's good news for all of us. >> big time. >> that made me feel happy going into this weekend. >> this is rob shapiro, creative director of bruener. >> here is the problem. when do you take a bathroom break? >> for me, during the game. >> well, okay. [ laughter ]. >>> madonna also, she is set to premiere the full video for her new single tonight but we have a sneak peek. that is coming up. of course, she is performing at the super bowl half time show. also, paula, nicole and steve. steve was the host, in case you don't know. all gone from the x factor. who i

i have seen it at gm's plant in ohio where workers got their jobs back to build the chevy cobalt. d gm's plant in detroit, where i got to get inside a brand new chevy volt fresh off the line, even though secret service wouldn't let me drive it, but i liked sitting in it. it was nice. i bet it drive >> yeah. that's right. all right. i know our bet was a good one because i had seen it pay off firsthand. but here's the thing, you don't have to take my word for it. ask the crisis le workers near kokomo, who were brought on to make sure the newest high-tech transmissions and fuel-efficient engines are made in america. or ask the gm workers in spring hill, tennessee, whose jobs were saved from being sent abroad. ask the ford workers in kansas city coming on to make the f-150 america's best selling truck, a more fuel-efficient truck. and you ask all the supplier who is are expanding and highering in the communities that rely on them if america's investment in you was a good bet. they'll tell you the right answer. and who knows, maybe the nay sayers would come around and say standing by am

finally, let's talk about the chevy volt, gm says the sales clearly impacted by the federal investigation into the battery compartment. 603 volts sold in january compared to more than 1,500 in december. as you take a look at shares of general motors, it's pulled back a bit. still a decent month for gm considering what they went through last year. tyler, back to you. >> from wheels to wings, phil, amr, the parent of the bankrupt american airlines apparently going to cut thousands of jobs. what can you tell us? >> between 10,000 and 15,000 jobs will be cut as part of the reorganization plan. at this moment the ceo of american airlines along with top executives are outlining those cuts to the union leadership. we think that most of the cuts are going to be in areas where they can outsource the work, whether it's the maintenance facility or the crews that come on and clean the plane. that's likely where most of the cuts are going to be. we'll get a total number as well as a projection on those cuts hopefully within the next hour or two as they continue outlining these job cuts. >> all right.

i have seen it at gm's plant in ohio where workers got their jobs back to build the chevy cobalt. gm's plant in detroit where i got a brand new chevy volt fresh off the lines even though secret service wouldn't let me drive it. but i like sitting in it. it was nice. i bet it drives real good. and five years from now when i am not president anymore i will buy one. [cheers and applause] [cheers and applause] that is right. [chanting] >> four more years! four more years! four more years! four more years! >> i know our batch was a good one because i have seen it. but here is the thing. you don't have to take my word for it. chrysler workers -- who were brought on to make sure the newest high-tech transmission and fuel-efficient engines are made in america. good gm workers in tennessee whose jobs were saved from being sent abroad. ask the ford workers in kansas city coming on to make the f 150, america's best-selling truck. a more fuel-efficient trucks. and you ask all the suppliers who are expanding and hiring in communities that rely on them if america's investment in you with a good

it started with gm's super bowl ad for chevy silverado that was played last night.. chevy survived. then there was the one from ford. let's see the commercial here. >> they didn't drive the longest-lasting, most dependable truck on the road. they drove a ford. >> what this implies, michael, is that ford trucks just were not tough enough to make it through the apocalypse. what ford did, they went ahead and called chevrolet and said, hey, don't run this spot during the super bowl because ford says it makes the most dependable truck. but gm said, huh-uh, we paid $3 million to make this commercial. we are going to air it during the super bowl, and voila, it d. michael? >> i just love the fact they're fighting over whose truck is going to survive the apocalypse. who cares by then? the gas stations will blow up so you'll never be able to drive. who cares about driving the most dependable? >> this is the funny part. this is all semantics. ford says it's the only brand with more trucks on the road with more than 250,000 miles because ford measures by miles. gm measures by a

gm car. i know will be eight chevy equinoxes -- it will be a chevy equinox. i own a chevy equinox.rnment has ever worked. if they can order you to buy this product they can order you to buy any product. former filburn grew 23 acres of wheat, not 11. he fed the other 12 acres of wheat to his hog. that was true his demand for wheat from for market's-- that withdrew his demand for wheat from the market. he engaged in activity that affected the market. in this case, you were doing nothing. the commerce clause reaches very far today. once you engage in anything commercial, chances are very high that the commerce clause will reach you. it has not been used to compel you into commerce. this is unprecedented. the limited government states to prevail in this case, this requires not the change of one bit of supreme court law. we are within wicker v filburn. this requires a radical expansion of federal power under the commerce clause. the ability to compel americans into commerce is a dramatic expansion of the power the federal government currently has under the commerce clause. there are thr

don't forget gm will not pay any federal income tax to the government for the next two years. remember the chevy volt, the hybrid electric car? that is heavily subsidized and that is not doing well. that's where gm is coming from. also look at ford, which took no bailout money at all. ford is profitable. look at chrysler, which did take a lot of taxpayer's money. it was given free to the italians. so is general motors back? you could say it is profitable, it is stable and it has got good profit margins but it is still very much in the hole to the taxpayer. gregg: but the value of the stock of general motors, i think, and correct me if i'm wrong, is below the price at which taxpayers paid for it. there is talk about the government selling its shares. they would lose i think up to $10 billion taxpayer money if they tried to sell that stock, wouldn't they? >> the stock as of right now is at $26 a share. it has to go to $53 a share and we sell our one-third stake. if it goes to 53 we get our money back. in the unlikely event it goes to 53 and we're able to sell all of those shares without destroying

gm car. i know it will be a chevy equinox. i own a chevy equinox.is not the way government has ever worked. if they can order you to buy this product, they can order you to buy any product. former filburn grew 23 acres of wheat, not 11. he fed the other 12 acres of wheat to his hog. they withdrew his demand for wheat from the market. he engaged in activity that affected the market. in this case, you were doing nothing. the commerce clause reaches very far today. once you engage in anything commercial, chances are very high that the commerce clause will reach you. it has not been used to compel you into commerce. this is unprecedented. the limited government states to prevail in this case, this requires not the change of one bit of supreme court law. we are within wicker v filburn. this requires a radical expansion of federal power under the commerce clause. the ability to compel americans into commerce is a dramatic expansion of the power the federal government currently has under the commerce clause. there are three bases for jurisdiction. this is

. >> looks like we made it ♪ chevy silverado from the beginning of the workday until the end of the world. >> ford not happy with that ford asked gmul free publicity all during the day leading up to the commercial running. >> don't the ford people sell more trucks, though? >> there's something called creative license. i think chevy was taking some creative license by saying that a chevy will get you through the ultimate apocalypse of all-time whereas a ford might not. again, you take that with a very large grain of salt. >> you've been doing this a number of years. how did this crop of advertisements measure up against previous super bowl sies advertisements? >> i think there was a little bit more better ones, but largely it was a disappointment because so many of the same formulas repeated over and over again. dogs and babies and second class celebrities and -- >> hot girls. >> and sex. >> we're going to show some of them again this morning. this is a telefloral ad. >> guys, valentine's day is not that complicated. give and you shall receive. >> you didn't like that one? >> i just -- it's such a waste of time and money. it's just

gm can do in europe, talking about cutting costs. it's talking about possibly consolidating some back-office operations, in voxal and opal. one of the things mentioned today which is interesting, is possibly moving some chevy manufacturing from south korea over to europe where they have excess capacity so that's one option that they mate be able to pursue. >> tom: soak up some of that production in europe. let's talk about the stock, shares of gm. it went public at 33 dollars per share h a nice 9% rally today but it is still trading well below its ipo price. what is the company telling investors it look forward to this year? >> you know, they didn't give a whole lot of guidance on that today, tom. the only thing they did mention was here in the united states they are talking about u.s. auto sales reaching between 13.5 million and 14 million this year. and that's about in line with what the company was looking at at the end of 2011. >> tom: any idea why not a whole lot of financial guidance for the year s that a change in direction? >> you know, i think rate now there's just a lot of uncertainty in europe and latin america. and you know, it's dicey. i don't think they really want to speculate on what's goin

. >> the gm plan in detroit where i got to get inside a brand new chevy volt fresh off the line, eventting in it. it was nice. i'll bet it drives real good. and five years from now when i'm not president anymore, i'll buy one and drive it myself. >> okay, so that wasn't the one that i was actually referring to. the dogging part, wolf, came from the president when he suggested that he would do that bailout and wouldn't let detroit go bankrupt, which was a direct slam on what mitt romney had said in the past. i'm sort of curious whether michiganers still has that burning in their ears, what mitt romney said about letting them fail. >> i think it's going to hurt with all the voters out there. not tonight, but certainly if he were to get the nomination in november. the polls show a hypothetical head to head in michigan, which is an important state with a lot of electoral college votes. the president would do really, really well against romney or any other republican candidates, for that matter. it might take michigan out of the equation because the president is credited with a lot of auto

gm plant in ohio. where workers got their jobs alt, to build the chevy cobzl and i got a volt that the secret service would not let me drive. but i like sitting in it. it was nice. i did it drives real good. and years from now when i am not president anymore, i might own one. yes. [cheers and applause] yes. [cheers and applause] >> four more years, four more years, four more years. i know our bed was a good one because i have seen it pay off first hand, but here is the thing. you do not have to take my word for it. asked the workers. who were brought on to make sure the newest high-tech fuel- efficient engines are built in america. or ask the workers in tennessee is jobs were safe from being sent abroad. ask the workers in kansas city making america's best-selling truck, the f-150, and more fuel efficient truck, and ask all of the suppliers who are expanding in the communities if america's investment in new was a good thing. they will tell you. and who knows? maybe the naysayers will finally come around and say that standing by american workers was the right thing to do. i have got to damage. it has been f

gm car. they have a little interest in that these days. i know it will be a chevy equinox.don't want to own a chevy equinox. that is not the way government has ever worked. if they can order you to buy this product, they can order you to buy any product. the filburn case, which attorney general coakley drew your attention to, is the outer reach of the commerce clause. former filburn grew 23 acres of wheat, he was allotted 11. he fed the other 12 acres of wheat to his hog. made bread for his family. because that withdrew his demand for wheat from the market, the supreme court at that time said that was regulateable. note, he voluntarily engaged in activity that affected the market. in this case, you are doing nothing. doing nothing. the commerce clause reaches very far today. once you engage in anything commercial, chances are very high that the commerce clause will reach you. but it has never before been used nor allowed to be used to compel you into commerce. this is unprecedented. for states, the limited government states to prevail in this case, this requires not the cha