jim hackett now this news comes as ford posted losses of $1700000000.00 in the 4th quarter of 29000 what does all of these changes or what do all of these changes and what does the change in leadership mean for the future of ford. well let me does i want to clarify this because no one's talking about this on any network the reason joe heinrich's was basically asked to step down is they're blaming him for the debacle with the ford explorer in the lincoln aviator on the launch there were some problems but i can't believe it's his fault and then there's other things going on with maki sales not being what they claim they are so jim farley who was the head of that marquee program will now be taking joe heinrich's position he'll be working hand in hand with with hackett unfortunate looks like hackett's contract is due in march and so it's highly likely that he will step down which would leave an opening for jim farley to be the next c.e.o. and i'm very concerned because jim was an excellent car person our job was an excellent car person and love cars and you have to be truly passion of our ca

the company is said to lose some $3 billion in market value ceo jim hackett on the call yesterday. >>ur execution was not good enough we recognize this and are accountable for it we've taken steps to address the shortfalls >> they did not want to discuss the impact of coronavirus on its bottom line. >> china, the biggest market for growth right now thank you for that >>> when we come back, president trump delivering the state of the union address. we have an expert panel to break down his comments. >> since my election, u.s. stock markets have soared 70% adding more than $12 trillion to our nation's wealth transcending anything, anyone believed was possible this is a record and something every country in the world is looking up to, they admire ea got that and more still ahd. dow futures up 255 points right now. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. ...take the personal assessment i love the new myww program, because it's tailored to you! and get matched with a proven weight loss plan. find out which customized plan can make

being what they claim they are so jim farley who is the head of that marquee program will now be taking joe heinrich's position he'll be working hand in hand with with hackett unfortunate looks like heck its contract is due in march and so it's highly likely that he will step down which would leave an opening for jim farley to be the next c.e.o. and i'm very concerned because jim was an excellent car person our job was an excellent car person and love cars and you have to be truly passion about cars although jim farley is it's a different kind of passion he wants to do all electric autonomous cars and although the market isn't buying that here you have to look at your number one bread and butter which is f. series trucks and you can't be making those looking like mustangs and making them all electric because you will upset your base and they'll go to other companies to buy cars so i think we will see by. very concerned about this change and speaking of going to electrics we talked about this earlier this week the u.k. prime minister boris johnson he did it down to the government plans to ban the sale of gasoline hybrid cars he same i think 2035 germany simi

we'll see what jim hackett has to say >> a big decline after 7%.mbers are out as well julia's got those for us >> disney beating expectations reporting adjusted earnings of $1.53 a share. that's a 9% beat revenues coming in at 25.8 billion. that's a hair stronger than the 27 billion anticipated but the real factor driving shares up now nearly 3%, disney plus numbers. disney plus subscribers, 26.5 million. that's better than the range of 20 million to 25 million that analysts had been anticipating so stronger growth in that just first month and a half since disney plus's launch also, espn plus benefitting from the bundling with disney plus. 6. million espn plus subscribers. the last number disney reporteded was 3.5 million back on november 7th. so significant growth there, but also reporting that hulu has a total of 30.4 million subscribers. 27.2 million of them are streaming dod only and just going through the different divisions quickly here, studio entertainment growing by more than 100%. the direct to consumer international revenue also gr growi

the market is looking for growth in electric vehicles, autonomous, where is that in the future jim hacketting trust us, we're working on it. not sure trust is there right now. >> all right phil, thanks so much let's stick with autos group one automotive reporting record earnings today and it has been riding upward nearly 60% over the past year can the ride continue with new car sales slowing just a bit let's bring in our friend earl hesterburg, president of group one automotive always good to have you here we always appreciate your perspective. let's pick up where we left off with phil and get your thoughts about ford i'll come to your company and the mix of new very succesus usd so on. but talk to me about ford. are you seeing the weakness at ford that seems to be in the marketplace? >> no, actually not at all we did experience those launch problems with the explorer that were mentioned in the earnings report that was inconvenient for us but we had a fantastic year with ford they did move away from these small cars and i don't think that our employees in the u.s. ever noticed it. it is a