he is the ceo of both nissan and i are -- renault.san is the only car company that has actually come out and flat out said we will have an ah autonomous show by 2020. he says they are going to do it. >> by 2020 we will have a mass marketed autonomous car made by nissan ory -- renault. the biggest reason for accidents is human error. and we want to establish the possibility for very senior people to continue to drive a car and autonomous driving is the solution. people on average spending two hours a day in a car, during those two hours they don't do anything. autonomous cars will allow you to gain back two hours while you are in the car. so it's a tremendous potential in terms of quality of life, in terms of safety, and productivity. >> you sell cars all over the world, there is a projection that the world is going to grow more. it even sounds like europe has bot told out, they are expecting 1% growth. japan will be the same as last year. does that jive with what you are predicting? >> yeah, we are predicting another record year for o

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i had a chance to talk to the ceo of nissan, carlos goan. i asked him what he thought this would do for the world. >> by 2020, we will have an autonomous car made by nissan or renauld because we think this has tremendous advantage, first in terms of safety. as you know, 90% are due to human error. if you reduce human interaction with a machine, you are going to reduce that. so number 1. no. 2, a lot of people lose that driving license after a certain age, and as you know, our life expectancy is going up. so we want to reestablish the possibility for giovanni senior people to continue to drive a car and autonomous driving is the solution for that. on top of this, people on average spend two hours a day in a car. during these two hours, they don't do anything. totally inprotective. autonomous cars will allow you to gainbam back two hours while you are in the car. video conferencing, working, readi reading, doing what you want. it's a tremendous potential in terms of quality of life and productivity. >> you sell cars all over the world. the imf

nissan admits it's frontier truck really can't do this. cables were used to pull both the truck and the buggy up the hill and the sand dunes were modified to make them look steeper. under the terms of the settlement, nissan and the ad agency basically agreed not to do it again. >>> just ahead a revealing look at the federal reserve and why many systems fail at the same time during the financial crisis. we'll give a sneak peek. you're watching "real money." attacked. the mourners have been refu >> lisa fletcher is here with what is up next on the stream. it sounds, like, detroit but you're talking about puerto rico. >> yes, the similarities are many. what is different is how this u.s. territory got into an $87 billion predicament and the effect it is having on wall street. >> the likelihood of sovereign debt relief. >> don't miss "the stream" right after "real money." >> financial markets will be on high alert next week as ben bernanke heads his last meeting as chairman of the federal reserve. emerging markets are selling off because of wor

nissan admits it's frontier truck really can't do this. cables were used to pull both the truck and the buggy up the hill and the sand dunes were modified to make them look steeper. under the terms of the settlement, nissan and the ad agency basically agreed not to do it again. >>> just ahead a revealing look at the federal reserve and why many systems fail at the same time during the financial crisis. the stream is uniquely interactive television. >> financial markets will be on high alert next week as ben bernanke heads his last meeting as chairman of the federal reserve. emerging markets are selling off because of worries of the feds pulling back on stimulus in the economy. the crisis and the feds roll in it is the subject of a new al jazeera documentary called "money for nothing: inside the federal reserve." it was narrated by liev schreiber . [♪ music ] >> it's supposed to insure the safety and soundness of the financial system. the fed is supposed to be the guardian of financial stability, preventing chaos in markets. now usually it

--petition is as tough nissan had no problem.n to have a very strong growth in china. >> we talk a lot about disruptors. who do you consider your biggest rival? largeste the fourth group. we are selling more than 83 -- 8.3 million cars a year. motors,ehind general toyota. we do not have one rival because we are very special. >> everyone always has a rival. >> in our case, we have benchmarks. there are some car companies that we follow strictly because they are doing a great job in some aspect. companies in front of us are our rivals. >> what is the european market going to look like? >> i think it will get better for the first time. >> thanks to growth or incentives? >> there is a point where you will have to come back. 2014 will be the first year of the positive evolution of the european market. not very big, one percent. we will get back slowly to moderate growth. >> with different performances between the countries. >> you overall trend -- the overall trend will be positive. you may have different levels of growth between the

. >>> also in san jose, the driver of a black nissan is facing d.u.i. charges after he rear ended or police say he rear ended and killed the driver of a red volkswagen that happened on northbound 85 around 11:30 last night. the volkswagen flipped and killed the man inside. man in the nissan suffered minor injured and taken into custody. >> two traffic officers had no choice but to fire their weapons at a car that was speeding toward them with no head heights. it happened at 12:30 in in the morning while they were on the side of the road dealing with another traffic situation. a passenger was hit in the leg. the drive was arrested on suspicion of felony and driving under the influence and assault with a deadly weapon. >>> a palo alto police officer jumped into san francisco creek to rescue this man who was trying to get away from officers. police say the 53-year-old lee james daniels was wanted on parole violation and he was spotted. he dodged into the creek to avoid arrest and started having problems. he was saved and arrested all at the same time. >>>

take a look at shares of nissan.tocks in the last year, it has not fared as well but carlos is very optimistic about the future when it comes to self-driven cars. we've had a chance to see the tech nothing anology and talk w executives. they're in the race. guys? >> phil lebeau, thank you very much. i'd probably trust more self-driven cars than drivers on the roads. >>> it is freezing outside and some people might be thinking a cruise sounds pretty great right now, but there are also a lot of people out there braving the slopes in this cold. i was one of them. it is just a matter of personal prefe r preference. when it comes to stocks, which is the better buy? vail resorts and royal caribbean. tim, i want to start with you on the seaside of this. rcl is your top pick. is that cold weather going to impact the stock in a good way? >> well, mandy, good afternoon. yeah, we continue to believe that -- if you look at it historically, cold weather, especially in the northern quadrant, let's take the mississippi river east a

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found a lot of people excited about autonomous cars, cars that so varying degrees drive themselves nissans they'll have one for sale and they have tested it, it works. >> exactly. a lot of auto makers say it they have one and have tested it. nissan is an auto maker that said by 2020, six jeers away, "we'll have an autonomous car on sale in dearliships. >> this is a key part of it, what you see are cameras. >> exactly. cameras and censors, different censors. a lot of this technology is available. adaptive cruise control lane centring. they are layering it. it keeps the car in its lane, keep it from crashing into the car in front of it. we'll see more of it leading up to where you let go of the wheel and the car drives itself. >> in japan they can use it on the road, but you have to have a driver in the cockpit. there needs to be one there, but it can sense how far you are from the car in front of you. it can park, identify a stop sign, make a left turn. >> yes, yes. >> the thing is a lot of people say, "well, i don't want the car to take over." i'm a good driver. this is harmless technolog

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the ceo of nissan and rehn all the are here. not many people run two different companies, he was a major player in iran's auto market. he had the 10th biggest automarket. that changed under sanctions. you can get enos and other cars not made. >> after the sanction, it was the last round of sanctions everything stopped. as you know, we were sending parts to iran. assembled by iran car makers, but you could not get paid. it didn't make sense to send parts, as long as you were not paid. hopefully when the sanction is relieved, and everything is taking place, it makes us optimistic, cautiously optimistic about the fact that the sanctions will be eliminated when you resume delivering parts to an iranian partner. >> the outo mobile industry - this is a massive car market. being a big player, do you anticipate them being a big player. >> with the sanctions, the local car manufacturers figured out how to produce and sell 600 to 700 cars a year. it's the largest market in the middle east. i think with the elimination of the sanction i'm

i live here near the nissan you stated that the loan went to create jobs for nissan.they are making the advanced batteries. caller: they are making the batteries at the nissan plant. guest: i do not know where they are building the other components. ler: over 80% are being made in japan. you need to be aware of that. comment about ford. any ford are of manufacturing plant in tennessee. guest: i didn't say tennessee. the $6 billion in loans that helped them retool 13 different factories so they efficient more fall cars like the ford focus, ford and even the sion f-150 trucks are all being made be hese factories and will made more fuel efficient which thousands he drivers of dollars and reduce

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thank you very much. >> thank you. >> carlos ghosn of nissan, renault.u so much. closing bell is going to be ringing 17 minutes from now, and netflix is certainly not folding like a "house of cards." as they eagerly await the next installment of this series, how much higher can ceo reed hastings take the stock? and our own liz claman is living the life in davos this week. here's a peek at one of the fox business family meals. ♪ ♪ liz: to our fox business viewers, afr a long day shooting, we're having our fox business crew dinner at a traditional upon the due restaurant in switzerland. everybody who comes here has to try the upon the due. ♪ ♪ liz: basically, it's melted cheese, f beef, lots of bread, lots of cholesterol. it's really healthy, right? this is called the hotel -- [inaudible] it's call a fondue living room, and as they say, viva! ♪ ♪ ♪ ♪ cheryl: power mover of the hour is southwest airlines. wall street was showing the stock some love today, rose 1% in early trading to hit nearly an all-time high. it was at 22.10 earlier but down, as you can s

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japan entered the auto american industry especially nissan nissan which found a cheap durable small pickup that was particularly if two japanese gardeners in california where it first entered the market. when the sun tried to enter the passenger car world is found something quite different. it's cars were underpowered and simply too small for larger americans. the dots and e2 10 was a disaster and how they redesigned it with a larger engine and with more room for americans. american success in steel and auto has made the big companies very successful but it also harmed them in the long run because it made them lazy and it made their managers at libya's to necessary changes. it made their unions entrenches and when it came to matters of pay. the result was by the 1970s the u.s. was falling behind in steel productivity and it's cars were no longer turned out i'd japan and germany. last one thing that this is the triumph of japan's planned economy one of its most successful auto companies, the one with the longest rid of consistency was honda. honda was created against the government's wishes

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. ♪ >>> it may sound like something from the very distant future, but nissan is ramping up its planso put cells driving cars into production as early as 2020, just six years from now. nissan ceo carlos gone explains why the automaker is racing to make the futuristic-sounding cars a reality. >> more than 60% of babies born today are going to live more than 100 years. well, when we see that a lot of people start to be impaired from driving at 75 or 80 years, well this technology is going to allow people, senior people, to continue to drive even if they hit 90 or 100 years old. so in terms of quality of life it's huge. the needs are here. the technology is getting ready. >> research firm ihs automotive expects the market for self-driving cars to grow from 1% in 2025 to as much as 9% by the year 2035. >>> well, we wait for those cars that drive themselves, the future is already here at the consumer electronics show in las vegas. this is the ultimate destination for gadgetmakers. but it is not just about the devices, these new products have a huge impact on old media, especially in the en

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this is the nissan sport sedan concept.is a rolling concept which means there is powertrain inside. it does have a transparent glass .oof a lot of people find the design really striking. people are saying this could be the next nissan maxima, so it could actually see production. between concept cars that will never be made and those that are in production, this one falls at the lucky end for consumers. 500 feetnt more than of torque, the mercedes f troop is just about to become a realization. they are only going to change little things. we have the media triple play on our hands. time warner, comcast and charter. we will explain what this big cable deal might actually mean for you. how did meatloaf become meatloaf ? his answer later. ♪ quakes this is "lunch money" on bloomberg television, streaming live on bloomberg.com, your tablet and smartphone. we have a connection with some of the biggest names in the business working on a deal. first, the headline. a 27% profitting increase in the fourth quarter and adding 43,000 subs

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nissan is the second largest carmaker in japan. renault is the third biggest.her, those companies make one in 10 cars worldwide. the company just received the green light to build its first renault factory in china. we asked the ceo carlos gomez -- carlos ghosn about the company's five-year plan. >> china is the largest market in the world. we represent nothing in china today. 30,000 imported cars in a 20 million car market. our milestone is to reach in china as fast as possible the market share we have globally, 3.5%. you put it on 20 million, this represents 700,000. the first step is 150,000. it is a small first milestone in this direction. >> who do you consider your biggest rival? >> today, renault nissan sells 8.3 million cars a year. obviously, we are behind toyota. our ambition is to close the gap with the three manufacturers. we do not have one rival because we are special. >> everyone has a rival or two. >> in our case, we have benchmarks that we follow strictly. in terms of marketing and technology. the three companies which are our rivals. >> hans n

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renault nissan sells 8.3 million cars a year.a.y, we are behind our ambition is to close the gap with the three manufacturers. we do not have one rival because we are special. or two.one has a rival >> in our case, we have benchmarks that we follow strictly. in terms of marketing and technology. arethree companies which our rivals. hans nichols got some specialist training on how those drivers would handle and ic and bush. >> when you are driving, you are safe. you are not safe when you are standing still. when you're in an armored car, you are always safe. power. there is a roadblock in front of us, somebody with a gun. we do not wait for this. we go. full power. it is very aggressive. >> how is your insurance, pretty good? >> no. tomorrow, goldman sachs ceo lloyd blankfein, as well as ecb president john kocher shay speaking here. something you do not want to miss. nbc is pushing for olympic gold coverage, but can you miss that? how much will it cost? we go behind the scenes of covering the sochi olympics next. ♪ over twoia, we

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we were talking about nissan and i live right here with the nissan plant. loantated the $1.6 billion that came as a guaranteed loan from the government went to create jobs for nissan and that they are retooling -- >> i said they are making the advanced batteries that would go in the leaf. they are making the batteries at the plant? i don't know where they are building the other components of the car. only 15% of the components of that car are being made in the united states and canada. over 80% are being made in japan. you need to be aware of that great second, you made a comment about ford. i'm not aware of any ford manufacturing plant in the state of tennessee. guest: i did not say it was in tennessee. god$6 billion in loans ford help them retool 13 different factory so they could rebuild which more fuel-efficient cars like the ford focus, the expedition, the ford fusion and even the f1 50 trucks are all being made at these factories and are being made much more fuel-efficient which will save those drivers thousands of dollars as well as create 33,000 job

people are saying this could be the next nissan maxima, so it could actually see production.e spectrum of concept cars that will never be made and those almost in production, this one falls at the lucky end for consumers. if you want a long coupe with 500 feet of torque, the mercedes is about to become a realization. they will only change little things, like these mirrors. motors designer, generally credited with inventing the idea of the concept cars. the media triple play. time warner, comcast and charter. we will explain what this big cable deal might actually mean for you. and how did meatloaf become the love? his answer later. ♪ >> this is "lunch money" on bloomberg television, streaming live on bloomberg.com, your tablet and smartphone. i'm adam johnson. we have a connection with some of the biggest names in the business working on a deal. first, the headline. comcast reporting a 27% profit increase in the fourth quarter and adding 43,000 subscribers. its first quarterly gain in nearly six years. it will raise its annual dividend by $.90 and plans to up its stock buybac

just south of paynesville road involved a nissan sedan and a bmw. the driver ejected from the car and killed. he was identified at 21-year- old julian thomas. thomas was ejected despite wearing a seatbelt. two passengers in the bmw an the solo driver in the nissan were taken to the medical center with moderate injuries. the cause of the crash is under investigation. >> >> a customer in a popular big box store said his identity was stolen and the store manager said he is not the only one victimized. that customer was shopping at best buy when he said someone stole his personal information from paperwork filled out for a cell phone purchases. his warning and story to others. >> reporter: jessie loves to shop at best buy in vallejo. but lately, he is having second thoughts. he went to the store a week later and his credit card got declined. jessie said someone charged more than 1,500 to his beth buy account to purchases three air tablets. >> i was mad, very mad. >> reporter: jessie said the man who stole his id is the employee who stole his cell phone.

so i had toyota and i had nissan.nd i went out and i bought that nissan, why should i be expected to be loyal to g.m., because i'm going to work for my money and give to it a guy that's being paid to sit in the break so i bought a niece soon frontier, and let me tell you, it's twice the truck that chevy great vehicle.a host: matt calling in from new york talking about his experience. facebook page, the u.s. auto industry might be currently the best in the world in our minds, however when the make it here another recession or worse is way.g our and average american writes in on our twitter page, if you count the cars made by american companies in mexico and canada, then the american car industry in themost confused world. let's go to remy in baltimore, maryland, owns a foreign car. on. morning, you're caller: good morning, thanks for a couple call, just quick comment. i have a '91 volvo, 240. was a vw passat. and what i've noticed over the is basically what the three manufacturers did, general motors, ford and chrysler

we'll see you again it isn't cbt who migrated to india from the nissan in two thousand and nine is the means by that country's democratic system. today he is a stored until she agreed to teach according to danny and works part time as a costly to put the international organization for migration he feeds only on the next country for forty minutes to do the interior of the largest democracy in the one that makes me go you can see in the one that a foreigner a foreigner in the buffy that. but abuse or something like that you know he should use. being a foreigner. so guess what difficulties with the current forty years. you literally starting pretty good signs he's not yet has all of the eastern side of crunch time. if you need to keep the situation. yes the defense and in many days in beijing. if a section of town the sun in the opinion of older you get are in gangs basically i'm one of the most complete it did happen to be kidding if you get this far down the sides of open pit. as good as some of the summing up next six to seven hundred patients. six or seven officials of the skin diseas

[ malennouncer ] mmute yo way with the bold, all-w nissan rogue. ♪ >> welcome back.t for the killers of a popular priest in ka california. authorities are looking for a gray nissan altima with california license plate winumb. >> a california girl found brain dead is getting help from the terry schiavo life network is working on behalf of the family. you probably remember she sparked a national debate when doctors and family members battled over whether or not to remove her from a feeding tube and let her by. they are trying to get her transferred to a long-term care facility where she can remain on life support despite them saying there's no hope for her recovery. >> a banker who faked his own get to avoid wire fraud charges busted for traffic violation. avery lee price is accused of funneling millions of dollars into his security accounts and stealing the money and hiding his trading losses. he was last seen boarding a ferry boat in florida back in 2012. a judge declared him dead a year ago. the fbi never sfoped lo stopped looking at him. he was stopped on a highway

. >> ahora estÁ usted >> si actualmente manejas un vehículo ford, nissan, toyota, chrysler, honda o generalo usted puede ahorrar, llame al número que aparece en pantalla, representantes altamente capacitados, trabajarán para darle las mejores opciones. opciones que incluyen desde entregar su carro por dinero o simplemente cambiar su carro actual por uno completamente nuevo. no se quede atrapado con altos pagos mensuales o con carros sin garantía. dese el lujo de manejar el carro que usted sueña con pagos al alcance

nearby in buoy, a nissan was taken. owner had lefthe the car running. >> he would not leave your wallet on the counter in the grocery store. these do not leave the keys in the ignition while you're vehicle is running and unattended. >> this becomes a huge problem in the winter. it is easy to not become a victim. you can never assume that your neighborhood is immune to this. for somebody to steal my personal belongings that i earned with my hard-earned money. let her takeman out menus collect dust. learn why >> a health alert about binge watching tv. it turns out that it could be good for your health. netflix surveyed more than 1000 people and found that half watched the most tv while working out, not walking -- lounging on the couch. more people felt motivated to work out if they had access to their favorite tv shows. a seattle woman did not live up to that old saying that variety is the spice of life, at least when it came to food. she decided to eat nothing but starbucks food last year. beautiful resistance, that is h