2020 and this is a just something that needs to be taken care of so let's go ahead and bring in lauren fix the car coach to discuss the coronaviruses impact on the auto industry and some other news of the day in the auto world now lauren let's start with this whole production due to the corona virus as a piece says it could cause a drop in 50 of 15 percent what's going to what's it's going to do to the global auto industry or it's really going to hurt the global auto industry got hyundai and kia they don't have parts in order to build sell south korea is begging the country of china to let them go back to work but obviously this is a health scare and if you look you know there's nobody working so other countries that are the companies being involved and impacted by this general motors chrysler re no nissan ford motor company as are all companies that don't have product to finish building things that they have other components from other areas of the world so this is going to impact the global automotive industry they're talking about g.d.p. being impacted by up to 5 percent that's huge whe

quarter of 2020 and this is a something that needs to be taken care of so let's go ahead and bring in lauren fix the car coach to discuss the coronaviruses impact on the auto industry and some other news of the day in the auto world now lauren let's start with this whole production due to the corona virus as a piece that could cause a drop in 50 of 15 percent what's going what's it's going to do to the global auto industry. or it's really going to hurt the global auto industry you've got hyundai and kia they don't have parts in order to build so south korea is begging the country of china to let them go back to work but obviously this is a health scare and if you look you know there's nobody working so other countries that the companies being involved in impacted by this general motors chrysler re no nissan ford motor company these are all companies that don't have product to finish building things that they have other components from other areas of the world so this is going to impact the global automotive industry they're talking about g.d.p. being impacted by up to 5 percent that's huge when

an appropriate level over to them our investment from armless let's talk to automotive analyst lauren fix who joins me from buffalo new york via skype lauren thank you so much so what are your issues specifically in australia new zealand thailand are they are they are similar issues i mean is it just that they're not making enough money but broader than that why is that. well obviously you're talking about a brand such as holden you've watched their numbers drop from 12 percent over the last 10 years dropped on a 9 percent market share so you're not selling the vehicle it's because consumers don't want that product specifically or not unfortunately it means that they have to shut down plants in this case they're literally stopping producing the name holden which is a pretty historic name in australia both shutting down plants means jobs but if you've got to save money for a company that just went through 40 days of a shutdown with the u.a.w. among other issues they've got to look at where they're making money and where they're not and cut their losses so as i also said they're looking to

and for more on that we're going to bring in lauren fix the car coach and she's going to break this down and other news auto related headlines today thanks so much for joining us lauren now china has already witnessed a decline in vehicle sales due to a slight economic slowdown in the country as well as the trade war with the u.s. so how concerned should we be about this 92 percent slump in what is essentially 2 weeks of february. well that's huge because they're actually down 54 percent in sales so far for the whole year so that impact is going to affect the economy of not just auto manufacturers but the economy of china and they're already down in sales it was predicted to be 2 percent but having this happen the timing was not good and it's going to definitely impact automotive suppliers as well as automotive manufacturers now the chinese automaker geely has launched a service to allow customers to buy vehicles online in a time to boost sales and have them delivered to their homes so as buyers continue to refuse to go to showrooms due to the quota virus we've also seen b.m.w. and merce

explain plus the global global car industry is basically a huge shock from china the car coach lauren fix is here to break it down just the u.s. attorney general really just say that the u.s. government should take ownership stake in cell phone companies which companies and why just minutes away a lot to get through on this very busy day so let's get started. and we begin as president and china's president xi are making and reaffirming their commitment to implementing phase one of the u.s. china trade deal what was the need for that well because as we have reported inside that deal is a disaster related clause that clause would allow china to avoid repercussions even if they cannot meet the target of purchases of u.s. goods and services for 2020 it's a pretty big deal and that is why friday president trump and president xi both expressed confidence in china's strength and resilience in confronting the corona virus outbreak according to the white house the 2 presidents quote agreed to continue extensive communication and cooperation between both sides they also noted the great achievement

explain plus the global global car industry is basically a huge shock from china the car coach lauren fix is here to break it down just the u.s. attorney general really just say that the u.s. government should take ownership stake in cell phone companies which companies and why just minutes away a lot to get through on this very busy day so let's get started. and we begin as president and china's president xi are making. and reaffirming their commitment to implementing phase one of the us china trade deal what was the need for that well because as we have reported inside that deal is a disaster related clause that clause would allow china to avoid repercussions even if it cannot meet the target of purchases of u.s. goods and services for 2020 it's a pretty big deal and that is why friday president trump and president xi both expressed confidence in china's strength and resilience in confronting the corona virus outbreak according to the white house the 2 presidents quote agreed to continue extensive communication and cooperation between both sides they also noted the great achievement of

explain plus the global global car industry is basically a huge shock from china the car coach lauren fix is here to break it down just the u.s. attorney general really just say that the u.s. government should take ownership stake in cell phone companies which companies and why just minutes away a lot to get through on this very busy day so let's get started. and we begin as president and china's.

buy into it because if they don't then you're just wasting time so you are 100 percent correct lauren fix the car coach thanks so much for your time. thank you. when it comes to mobile devices what do you think is winning the streaming out for you to netflix disney warner media or n.b.c. universal well the answer to them now well it's you to such an enormous margin that it's not even close now in fact in $21000.00 you tube dominated 70 percent of the total time that people spend on their phones watching top 5 entertainment apps you tube is so dominant that actually makes up 37 percent of all downstream mobile internet traffic around the world and while companies like netflix saw growth worldwide in such territories like brazil south korea france and germany people are spending less time on streaming services like netflix and increasing the amount of time on apps like you tube and even tick-tock and even though you tube has become much more corporate ised i think the key to it the reason for that is because users still have control of putting content up. talk right and the problem is with

europe general motors says that it's focusing on more lucrative markets in north america and china lauren fix is an automotive analyst based in the united states she explains why general boat is making so many changes. but a brand such as holden you've watched their numbers drop from 12 percent over the last 10 years drug on a 9 percent market share so you're not selling the vehicle it's because consumers don't want that products specifically or not unfortunately it means that they have to shut down plants in this case they're literally stopping producing the name holden which is a pretty historic name in australia but shutting down plants means jobs but you gotta save money for a company that just went through 40 days of a shutdown with the u.a.w. among other issues they've got to look at where they're making money and where they're not and cut their losses they're looking at a global restructuring so when they're looking at where we make money where we're not making money where we have market share recently they sold off opel to p.s.a. and p.s.a. actually made a very great success out of it

becomes an issue in relationships so this housing trend might actually fix the issue issue everyone is happy. not the woman's problem. laurenht home my beautiful puppy who makes my life complete that's dusty getting pumped and poofed in makeup right now and getting ready for her closeup. she's coming up next hour right here mornings with maria stay withs us. president trump warned the drug companies. it's unacceptable that americans pay vastly more than people in other countries, for the exact same drugs. but they aren't listening. they've just raised the prices of over five hundred drugs. president trump supports a bipartisan plan, that would force drug companies to lower prices. but the senate won't act. tell senate leaders to stop drug company price gouging and lower drug prices now. maria: welcome back, good thursday morning, thank you so much for joining us, maria bartiromo, 8:00 a.m. on the button, the coronavirus is worsening, 15 now -- 15,000 new cases in a day as the country takes new approach to counting patients, in the united states a 14th case has been confirmed, we have the impact on the global economy coming

fix that. take the pills. find surgery. laurening trend, a real estate trend. dual master bedrooms. one master suite for you, one for me, listen. >> we're taking care of our parents in latter years. instead of sending them off to the traditional retirement home. we're building homes to accommodate that. lauren: this is multigenerational housing dynamic, you're seeing marketing and a lot of interest for homes with two master suites. stuart: may i say this? lauren: yes. stuart: in my opinion the older you get, more likely you are to sleep in separate bedrooms. am i right or am i right? lauren: i'm not your age, stuart. but i agree. i think you should -- stuart: i missed that, susan li. a gem there, what did you say? susan: you should have separate bedrooms and separate bathrooms as well. people sleep on different types of mattresses. some have different body heat requirements. some people snore. some take showers at night. ashley: different partner. lauren: that could help keep a marriage together, you're more comfortable at night.

lauren: you thinker the march -- you think the market reaction is only coronavirus fears, you don't think it's anything else, a weakening consumer, the investment cycle drying up? >> it's never just one thing. the fixedome market, the yields have been going down. reflecting economic weakness. we know even before the coronavirus the chinese economy, the second largest in the world, has been slowing, europe is stuck in the mud. that's been weighing on us. of course, what's carried our market this year really has been the technology stocks, the top six and so forth. i think the catalyst to what happened yesterday was actually apple, late last week, finally admitting that not only were their manufacturing closed down in china but the iphone sales over there were slowing down. that's our number one company. what are we going to do? lauren: supply and demand, especially with apple. how encouraging is it to you that the president is developing this strong relationship with india, vis-a-vis china and all their problems? will india replace china as a trading partner? >> he's right on the mark for a number of reasons. one, he's given high marks to the domestic economy, foreign relations, there's question marks

it won't fix the lost demand that we have already established. lauren: that could cause inflation which a lot of people are worried about. prices could go up as the economy dries up. there is all this talk of this pending pandemic. pandemic is the medical term that the medical community is not using it just yet, but wall street certainly is using that term. stuart: okay. quick check on commodities, if you are referring to inflation. i don't see much inflation in the price of oil and gas, because we've got oil down to $49 a barrel as we speak. brent is down. gold actually is down. there's no sign of inflation. that's a one-year low for oil, $49.47 as we speak. lauren: you can't stock the shelves with product outside of commodities. amazon is struggling maybe to get their orders for prime day. stuart: you think prices would go up? lauren: it could happen. long-term effect. stuart: okay. let me get back to the virus and its spread. lauren, can we start with you. where is the spread? lauren: okay. so the spread, actually ash has all the details. i will let

fixed. i think big drop comes next week. pending home sales, that is important indicator. lauren: biggest part of the housing market up over 5% in january. that was a strong report. this is contract activity. as rates go down, people are signing contracts to buy homes. not new homes but old homes. previously-owned. take it away. stuart: we can't -- ashley: we can't get refinancing. lauren: i was trying not to say expected. it came out of my mouth five times. stuart: i want to update you on certain items concerning the coronavirus, perhaps most important, a case in california which is unexplained. in that sense it is unconnected to any travel and unconnected to contact with anybody else who may have the virus. that is particularly troubling. from overseas, this we hear in japan they're closing all schools until april. that is a draconian move for japan. let's get the politics in here. brad blakeman is with us, former deputy assistant to bush 43. brad, did mr. trump sufficiently relief the anxiety about the virus at his meeting in the event yesterday? >> i think he did. i was fortu