but the mood among the automakers at the twenty one thousand north american international auto show in detroit is somewhat somber global auto sales which boomed from two thousand and ten to twenty sixteen have slowed g.m. is closing plants ford is partnering with to make its cars in europe and sales in china have plummeted amid a u.s. trade war perhaps a contraction in the overall number of vehicles that they sell but they're shifting their production process toward producing more trucks and less of that and while some automakers brought the drama there are fewer of them here this year b.m.w. mercedes volvo porsche jaguar and land rover are all skipping the event this year opting to reveal new models online or at their own events instead their exodus has left room for other lights to shine and the winner it just. was just maybe known as the year when korean cars really came into their own. hyundai is kono one utility of the year and this is the car of the year the g seventy by genesis price between thirty and fifty thousand dollars this car competes with entry level b.m.w.'s and merced

but the mood among the automakers at the twenty one thousand north american international auto show in detroit is somewhat somber global auto sales which boomed from two thousand and ten to twenty sixteen have slowed g.m. is closing plants ford is partnering with to make its cars in europe and sales in china have plummeted amid a u.s. trade war perhaps a contraction in the overall number of vehicles that they sell but they're shifting their production process toward producing more trucks and less of that and while some automakers broccoli drama there are fewer of them here this year b.m.w. mercedes volvo porsche jaguar and land rover are all skipping the event this year opting to reveal new models online or at their own events instead their exodus has left room for other lights to shine and the winner it just. was just maybe known as the year when korean cars really came into their own. sometimes kono one utility of the year and this is the car of the year the g seventy by genesis price between thirty and fifty thousand dollars this car competes with entry level b.m.w.'s and mercedes s

the north american international auto show kicks o later this week in detroit. >> the auto show is celebrati y rs of showing off the hottest things on four wheels. nbc news' jay grey is getting a sneak at what is in store this ye. >> reporter: it is show time in the motor city and the early spotlight at the north american international auto show is on the genesis g-70. today named car of the year. the utility of the year is the honda cona and the dodge 1,500 picked up truck of the year hono 3. there wil0 reveals at this year's shcase, that's less than half as aany last year. many companies opting to unveil new model itself online now as the carusiness seems to be shifting gears. >> it definitely is a transitional phase for the auto industry right now. >> manufacturersnd drivers seem to be steering away from sedans, crosvers,trucks and suvs taking place. technology and connectivity for many has become just as important as horse power and after four straight years of reco sales, more than 17 million new vehicles each year,y consumers now be tapping the brakes. >> the worry is this industry for

images of the yet to be named car were unveiled yesterday ahead of the north american international auto show. this car is expected to be the first of many models for gm. >> sometimes i want to be the one to do something. >> she developed leadership skills on the soccer field. now she acts as an advocate. >>> students rising above scholar is a natural born leader. >> as elizabeth cook shares with us, veronica didn't always see herself in that roll. >> whether it's coaching teammates during soccer practice. >> we can work on this helpat homework, cveronica aad>> a quon this often asked of me, did i become a leader because i i becomeader ool thgh hoolsenior asked herse >> sometimes i am ' to be the one to step up and do something, or i want to do something, create a change or speak up for someone. >> veronica is a strong advocate for others as a youth organizer for a local nonprofit and captain of her soccer team. at home she admits it's been a different story. >> i kind of raised in a home where i was taught to be silent when there were things going wrong. >> her parents immigrated to america

domestic sources are seeing greater demand to have the biggest automakers here at the north american international auto show in detroit the motor city zone ford and general motors say tariffs are cutting twenty eight hundred profits by a billion dollars each the world's largest car market china the target of u.s. steel tariffs is contracting and after a nearly decade long auto industry boom forecasters say the industry is due to decline in twenty nineteen in part due to a trade war president donald trump picked with china. the president who calls himself a terrorist man insists the u.s. treasury is reaping billions from chinese tariffs that's absolutely hurt john a very badly but are. they getting a lot of money a lot of money a lot of them but among auto makers the trade war has left many casualties it's too early to say who's winning the trade war i think it's clear that there are losers already but it's through early to say who in fact is winning china's g.a.c. motors won't be selling in the u.s. market to twenty twenty but they're preparing by coming here to detroit. but for the first time in years most

and next time i'm driving all the latest developments from the north american international auto show in detroit. and a best seller since one thousand nine hundred seventy five now b.m.w.'s three series enters its seventh generation. it's one of the kind worldwide. blind girls construct then into play an instrument as a blind person because it's a plane and possibly. the blind musicians the orchestra is the chance to meet a self-determined right and free of audiences with the. three thousand and thirty minutes on d w. i'm scared that the work that's hard and in the end is a me you're not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers were alliance of the what's your story. i mean when i was a women especially in victims of violence in. part and send us your story we are trying in all weathers to understand this new. culture. not even a turn i think yes you want to become a citizen. migrants your platform for reliable information. whatever we begin to the day will effect get out of c o two in the atmosphere of the increase of troops

and next time i'm driving all the latest developments from the north american international auto show in detroit. and up best sellers since one thousand nine hundred seventy five now b.m.w.'s three series enters its seventh generation. it was gone on just a second. bridge in general forty three people died but it collapsed hundreds more lost their homes and their jobs was the tragedy. the most i'm sure they knew about. after the bridge collapse life in the shadow of the. close up fifteen minutes on d. w. . the fast pace of life in the digital novel shift as the lowdown on the web showing new developments and providing useful information on the wheaties finds and interviews with makers and users. just in forty five minutes to. take a personal a i already with all the wonderful people understanding that make the game so special. for all true fans all borrowed time. more than football online. her first day at school in the jungle. her first climbing less of a minute door as grand a goal as arrives. join your reckoning on her journey back to freedom. in our interactive documentary. in a r

and next time i'm driving all the latest developments from the north american international auto show in detroit. and up best sellers since one thousand nine hundred seventy five now b.m.w. three series enters its seventh generation. i'm going to. be on straight. it's a highly controversial business. connections there are a multi-billion dollar industry they're made to destroy and protect. me i'm fascinated by them between analog and digital come look and industry the producers for killing machines made in germany thirty minutes on the w. i'm not often kept at the gym while i just sometimes i am but i was there laughing when that happened we should have been thinking of interject my culture of looking at the stereotypes aquatics but interesting to see from the country that i now long time. needed seem to take for this drama down to you it's all about. bob i make jokes to join me to meet the german fundy w. . post. the great one hundred years of come and join. our photo competition show us the host movement impacts your world for a chance to win one of three life cameras follow us on i

but the mood among the automakers at the twenty one thousand north american international auto show in detroit is somewhat somber global auto sales which boomed from two thousand and ten to twenty sixteen have slowed g.m. is closing plants ford is partnering with to make its cars in europe and sales in china have plummeted amid a u.s. trade war perhaps a contraction in the overall number of vehicles that they sell but they're shifting their production process toward producing more trucks and less of that and while some automakers broccoli drama there are fewer of them here this year b.m.w. mercedes volvo porsche jaguar and land rover are all skipping the event this year opting to reveal new models online or at their own events instead their exodus has left room for other lights to shine and the winner digits ah that's just maybe known as the year when korean cars really came into their own . hyundai is kono one utility of the year and this is the car of the year in the g seventy by genesis price between thirty and fifty thousand dollars this car competes with entry level b.m.w.'s and m

and next time i'm driving all the latest developments from the north american international auto show in detroit. and that best seller since one thousand nine hundred seventy five now b.m.w. three series enters its seventh generation. hard for a. car culture. car a hair. superman. superfood stylish strong economy to lead a. lifestyle during. the moment. it's all happening much of it a fairly. sure link to news from africa and the world. your link to it simpson stories and discussions hello and welcome to news after getting program tonight from one gemini from the news of easy to i while would say d.m.p. to close much traffic come join us on facebook at g.w. africa. you're going to want to fishel estimates more than one point two million venezuelans live in colombia needy and illegally. already echoing a wide return to fast way. i visit friends because i don't think i'd ever go back there to live you know what i live there again i don't know so i'm not sure the gang witness global news that matters. made for minds to a serial killers. close to. gangs. and ugly a prison feature of life

auto show drive a less vehicles at the forefront of those changes. this driving car truly is a ride these boxy four wheeler. is that the north american international auto show or autonomy is vehicles not of the future they're here now rin speed snap car lets you snap a passenger pod or a delivery pod onto what is sensually is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knology the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sales will be connected able to commun

piecing together and polishing up the few final touches as the annual north american international auto show> this is the motor city. a lot of automakers use this show to show off their best and their brightest. >> reporter: and while there is plenty of flash, there are few things that are different this year. sedans are getting tougher to spot. fewer are being built as manufacturers continue to replace them wh uc, crossovers, and suvs. and the cover will be pulled off new design ts hes here, but noty as many. >> we are looking at 30 reveals, about half of what it was last year. >> reporter: after four straight years of record sales of more than 17 million new vehicles a year, shoppers may be tapping the brakes a bit in 2019. >> the worry is this industry for 2019 for the first time in a decade doesn't grow. >> reporter: but analysts are quick to point out -- >> compared to where we have been i think maybe a bit lower but all in all fairly strong. >> reporter: so the engine driving the industry hasn't stalled, it may just be on cruise control. there will be a surge of late model lease . fran

auto show. this self driving car truly is a ride these boxy four wheelers at the north american international auto show are autonomy's vehicles not of the future they're here now rin speed snap car lets you snap a passenger pod or a delivery pod onto what essentially is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knology the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sales will be connected able to communicate

auto show. this self driving car has arrived these boxy four wheelers at the north american international auto show are autonomy's vehicles not of the future they're here now in speed snap car lets you snap a passenger pod or a delivery pod on to what essentially is a skateboard moster from small manufacturers but major manufacturers including ford plan to sell fully autonomy is vehicles in two years these fords are already being tested delivering pizzas groceries and people it's more evolution than revolution twenty one thousand cars are already packed with lane assist auto braking and other driver assist technologies the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own starting in two thousand and twenty two ford vehicles will be connected able to communicate with other vehicle

test drive ok if it's any consolation i'm sure any dealer who attended last week's north american international auto show won't forget to plug in their e.v.a.'s after an infiniti electric car died before it even reached the stage it's. all right you know dealer wants to be this guy. ladies and gentlemen did she take you x. inspiration. you can't see it but it is here. like this. you know that that sounds like my last day if you just replaced infinity q x inspiration with herpes flare up. yeah. thank you thank you for showing all anti-corporate media has been censored and attacked over the past two years well there's a new name neil conde backed truth guardian that may soon take over your internet whether you like it or not for more on this raging controversy let's go. redacted correspondent only care of one. there's a new censor in town claims to be able to clean up the wild wild internet news ghar a news rating system there's guard might sound like a condom for reading which would make reading even less fun but whose guard is actually a time machine that lives on the top of your browser and new legal si

auto show. this self driving car truly is a ride these boxy four wheelers at the north american international auto show are autonomy's vehicles not of the future they're here now rin speed snap car lets you snap a passenger pod or a delivery pod onto what essentially is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knology the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sells will be connected able to communicate

auto show. this self driving car truly is a ride to these boxy four wheelers at the north american international auto show or autonomy is vehicles not of the future they're here now are in speed snap car lets you snap a passenger pod or a delivery pod onto what is sensually is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knowledge ease the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sells will be connected able

domestic sources are seeing greater demand to have the biggest automakers here at the north american international auto show in detroit the motor city zone ford and general motors say tariffs are cutting twenty eight hundred profits by a billion dollars each the world's largest car market china the target of u.s. steel tariffs is contracting and after a nearly decade long auto industry boom forecasters say the industry is due to decline in twenty nineteen in part due to a trade war president donald trump picked with china. the president who calls himself a terrorist man insists the u.s. treasury is reaping billions from chinese tariffs that absolutely hurt john a very badly but are. they getting a lot of money a lot of money a lot of. but among auto makers the trade war has left many casualties it's too early to say who's winning the trade war i think it's clear that they're of losers already but it's too early to say who in fact is winning china's g.a.c. motors won't be selling in the u.s. market till twenty twenty but they're preparing by coming here to detroit. but for the first time in years most europe

of the biggest automakers here at the north american international auto show in detroit the motor city's own ford and general motors say tariffs are cutting twenty eight hundred profits by a billion dollars each the world's largest car market china the target of u.s. steel tariffs is contracting and after a nearly decade long auto industry boom forecasters say the industry is due to decline in two thousand and nineteen in part due to a trade war president donald trump picked with china the president who calls himself a tariff man insists the u.s. treasury is reaping billions from chinese tariffs.

from thetin is live north american international auto show in detroit.the bottom line, looking at three company stories worth watching. big surprise i am watching an auto company, particularly cadillac as it relates to china. the story of cadillac has been falling in the united states but growing dramatically in china. i spoke with steve carlisle and asked if they are worried about what is going on with chinese car businesses. steve: we would hope these trade issues would find their way to the rearview mirror as the year goes on but even with that uncertainty, it is still an enormous market. david: basically what steve said is maybe it is a soft patch but it is still a big market and they think it is a huge opportunity. alix: that also has to do with electric vehicles right? they're going to have a fancy cadillac with electric vehicle. i am: one of the things picking up year is the extent to which china is going to drive the electrification. that is what people are anticipating. alix: i am looking at a gold merger. i used to cover gold back in the day. t

it is called the north american international auto show, but china is playing a central role.has what saying across the pacific. another report saying we have seen -- ramy: first it was 20 years and then it turned out to be nearly 30 years, 28 years. with all the negativity, they are trying to figure out where they can put their money for growth, and we were talking yesterday how that money is, in large part, bigger cars, bigger autos, suv's, hybrids, but it is also the electrification of things. our guest said the future is electric, that ford is in line with the paris climate deal, and in the future, they need to factor in ev's as part of the equation. take a listen. future fuel economy of requirement, electrification makes the most sense, but you are right. china has committed to it, and it is going full force towards it, and they may be much earlier adopters than the u.s., but that's ok. i don't think we will have a total bifurcation. it may be a time thing. ramy: i like the positivity because he is taught them about not so much competition but he is saying china can get i

it is the biggest week for the auto industry with the north american international auto show underwaywe have executives discussing their outlook in detroit, next. this is bloomberg. ♪ >> i think the auto business is going to be solid. the dichotomy itself, you know, has signals that create uneasiness, but i do not think saye are any markers that we are going into any kind of recession right now. >> we are a german engineering company. we want to do it. yes, the market is tight and declining, but we think there's good opportunity. >> you will see more hybrid and the mina, so this year as an 9%.ple, 2018, about nine -- us reallyues underpin resonate with the chinese consumers. we would be hopeful about these trade issues find their way into the rearview mirror as the year goes on, and all that' uncertainty starts to subside. auto: just some of the top executives speaking to us at the north american international auto show in detroit. ford's executive chairman told bloomberg as well that he sees more partnerships in the auto sector. the carmaker is set to give updates in its alliance tal

detroit was the place to be this week for global automakers, as the city hosted the north american international auto showdels were introduced new partnerships announced,, and there was plenty of opportunity to discuss headwinds in 2019. david westin said down with seven top executives to discuss the state of the industry in their companies, starting with the ford president and ceo, jim hackett. ♪ >> i want to tell you, i'm not happy about ford's performance. that should just be said. i knew it was going to be a difficult year because of the age of a product. moving from the oldest product line in the industry to the most refreshed, 75% of the products, all-new in the next two years. that is going to be really important. you put that against what kind of market we expect, i think the auto business is going to be solid. signalsomy itself has iat create uneasiness, but don't think there is anyone who would say we are in any kind of recession right now. >> so when it comes to the economy, what affects your business? is it sentiment overall? concern about training complex? what drives your business? >> sentim

we are to detroit for live coverage from the north american international auto show.et started with a quick check of major averages. we are seeing pressure again for a second consecutive session on the first trading day of the week in the u.s. the s&p 500 a lot lower by 3/10th of 1%. citigroup earnings lifting those bank stocks. energy is down and below the $52 a barrel on risk off sentiment. we have more concerns over global growth really weighing on the indices. the nasdaq down .6%, the lowest level in a week. as has been noted, the concern one of the markets is absorbing is just whether there will be and how much of a slowdown global economies face. this is a composite leading indicators, this is designed to show turning points in global economies six to nine months out. through 2018, there has been weakening in his indicators, really a steepening happened in november and the concern is that especially for places like china that well there had better next vacation of a slowdown, it may in fact be much deeper than people that feared. as you noticed, we have trade da

it comes right after the north american international auto show in detroit. gm announced new plans for battery powered models. >> we've heard announcements from ford and general motors in terms of restructuring recently. to me, that is the bigger story. tesla is considered something different than an automaker. the biggest risk to that company, it is perceived as an automaker and it has automaker problems in terms of production and demand and pricing and profitability. this announcement is a bit scary because it lumps tesla in with these traditional legacy automakers that are out of favor the market right now. guy: can we look at this another way? tesla has had huge problems with its manufacturing story. generally, when that happens, you throw people added. -- at it. this to be that tesla is beginning to get on top of those problems, getting processes working a bit better? kevin: increased productivity would mean extra headcount. we are waiting on a pickup truck and suv and roadster, a plant in china. they are not finished growing by any stretch. maybe some o

we are looking at the north american international auto show in detroit.numbers out of china, the slowdown in two decades, not a great environment to be kicking off this. ramy: which is one reason why a lot of major players are not going to detroit. it is a strange phenomenon with gm because -- also this optimistic outlook. rose to closeay at 7% higher. it had actually been up 9% during the friday trading session. if you flip up the board, i can show you why there was all this optimism. in sixd earnings came dollars to seven dollars a share. the estimate was five dollars, $.92. -- $5.92. the big driver, they say it will be ok. china's markets, audio -- they are expecting a slight dip. both of these are both ok for the company. fivecuts, possibly closing factories and possibly that $2.5 help in 2019 to save billion. by 2020, they say $6 billion in additional profit could be realized. is not enough for you, the ceo spoke to bloomberg television earlier. >> we have more work to do. i made the announcement at the end of last year. we are focused on this transf

liz: the north american international auto show, aka, the detroit auto show in full swing in the motor the auto industry itself may be approaching a yellow light. a chief economist jonathan smoke showed up and warned journalists in detroit and he said that the automotive sector is going to cause the next recession. not the housing sector. yay, aren't we glad we invited him. listen, is it true? if you look at what's been happening, it is on the heels of elon musk announcing 7% of tesla's workforce would be laid off as they seek to increase model 3 production but also cut prices to move the cars off the lot. that's workers losing their jobs at tesla. the third automaker in four weeks to announce cuts following general motors and ford. where is the auto industry in 2019? we bring in tim higgins tech and auto reporter for the "wall street journal" and also the vp of industry analysis at auto pacific is joining us. ed, i want to begin with you. is this what you're seeing the same as what the cox automotive guys are seeing? >> i don't know that i'm necessarily ready to say that the auto sect

was the ford motor president speaking with us at the north american international auto show in detroitig interviews later on monday on bloomberg television. we have more big guests from that show. the volkswagen ceo, the north american ceo of toyota, and of course bill ford, before chairman will be joining david later today. checking on markets and movers in asia as well. we have been focusing on the renminbi today, given that four-day gain. offshore renminbi up about 1.8% in the last four days alone. goldman coming out in raising their forecast for the randy -- the renminbi. now also a pickup in chinese activity. the trade talks could still falter. they say any trade deal that removes the existing tariffs and overall trade uncertainty is still quite a high bar, but they say the risk of further escalation is enough for this rally to have some legs. that uncertainty they are saying is fated, along with -- had faded, along with u.s. stock prices. and 12 the three, six month forecasts. still, relatively speaking, more bullish than what the street is calling. tourism stocks in south korea.

it is the comeback of the classics that has everyone talking at this year's north american international auto showmusic playing ] >> well, the 2019 detroit auto show featured awesome vehicles from years past. danny zuko was not in the ♪ grease lightning. >> instead, automobile officionados have the return of and the jeep gladiator originally sold in the '60s. why these remakes? >> cars from the past are easy to revive because it's cheap. you already own the nameplate. you own the patents and you don't have to spend on marketing a new vehicle. >> reporter: cheap, sure. but don't discount that nostalgia factor. >> people are looking for something to relish from the past. something that connects to you from the history of the auto industry really sells well, also, generates a lot of buzz on social media. >> reporter: they aim to make buyers feel like heros of their own ''80s flick. with car manufacturers hoping that nostalgia will sell as well in car lots as it does on the big screen, hollywood sequels and reboots paving a way for a smooth ride on these resurrected car models. some brand may evoke le

but the mood among the automakers at the twenty one thousand north american international auto show in detroit is somewhat somber global auto sales which boomed from two thousand and ten to twenty sixteen have slowed g.m. is closing plants ford is partnering with to make its cars in europe and sales in china have plummeted amid a u.s. trade war perhaps the contraction in the overall number of vehicles that they sell but they're shifting their production process toward producing more trucks and less of that and while some automakers brought the drama there are fewer of them here this year b.m.w. mercedes volvo porsche jaguar and land rover are all skipping the event this year opting to reveal new models online or at their own events instead their exodus has left room for other lights to shine and the winner the jets. that's just may be known as the year when korean cars really came into their own. hyundai's co no one utility of the year and this is the car of the year the g seventy by genesis. price between thirty and fifty thousand dollars this car competes with entry level b.m.w. and

. >>> happening today, the north american international auto show is open in detroit and there are alreadyas unveiled its first electric vehicle, which is much sooner than anyone expected. it's also rolling out what it calls the escalade's little brother. the new mustang gt today, and a new bronco, as well. it's been 24 years since ford has ruled out a bron full swing. last night, the critics choice awards were handed out. wengreen has the winners and some surprises. >> reporter: it was a night of surprises during the 2019 critics choice awards. >> the critics choi >> reporter: roma, taking home top hono and it was double the excitement on stage when two categories resulted in ties. glenn close and lady gaga sharing the honor for best actress. >> my mother and glenn close are good friends, so i am very happy that you won this, this evening. >> reporter: and amy adams announcing the other winner for best actress in a limited series. >> the other winner mac winner. >> patricia arquette. >> reporter: in keeping with doubles, actor kristen bell took home two statues for his portrayal as vice p

the north american international auto show, they do that on the border of canada and detroit.ll to waiting, ford, and toyota -- volkswagen, ford, and toyota. this is "bloomberg surveillance." ♪ >> this is "bloomberg surveillance." let's get the "bloomberg business flash. consolidation of the gold-mining industry. a merger in an all stock deal valued at $10 billion. says it is paying a 17 percent premium on the share price the last 20 days. last year they merged and created the biggest gold miner. general motors has a lot riding on the new suv unveiled at the detroit auto show. cadillac sales down 3% in the fourth quarter. gm is behind rolling out crossover vehicles. they also count on china to give business a boost. he spoke with david westin. >> we would be hopeful the trade issues find a way into the rearview mirror as the year goes on. that uncertainty subsiding and with the uncertainty still an enormous market for cadillac. >> italy's top oil producer protects the latest rebound will stick. up more than 20% after hitting a two-year low in december. price range between $60

company launches a big turn around plan we caught up with the ceo at the detroit north american international auto showd some kind of a surprise they have fo us, phil. >> most of the surprises, brian, ford or the other auto makers most center around trucks and suvs no surprise reflecting the market you're seeing a lot of what you see over my shoulder here, a lot of trucks, a lot of suvs and we're going to see that here over the next couple days. yesterday we had a chance to sit down with jim hackette, ceo of ford we'll talk about the u.s. the next day and a half. but we wanted to talk to him about what's happening in china because it's so critical not only to ford's business but the auto industry overall. here is his take on where the china market is right now. >> well, china's optimism is still high with us we had a false step this year that we blame ourselves. we take full accountability, but what we found as we started to see that is the market wasn't as strong for everybody so, i'm not willing to give our team a little bit of a break and say some of this wasn't all your doing. but we've already tak

this self driving car truly is a ride these boxy four wheelers at the north american international auto show are autonomy's vehicles not of the future they're here now rin speed snap car let you snap a passenger pod or a delivery pod onto what is sensually is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knology the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sales will be connected able to communicate with

next week, the north american international auto show kicks off in detroit. to know gm's strategies for dealing with the fast evolving market. coming up, we will speak with mary barra on bloomberg tv. ceo rewardings investors who've stuck with him through a three-year restructuring. this was lender expects to buy back $1 billion worth of shares by the end of the year. shareholders -- google for .pproving an exit payment say he was allowed to resign after an investigation found allegations of sexual harassment to be credible. we turn now to business must reads. up, all the focus on u.s.-china trade talks, we look at china's relationship with big tech and the impact of its digital silk road. experts predict luxury real estate discounts from hong kong to the hamptons. up, lisa abramowicz and carol massar. let's kick it off with a cover, china entech and president trump. >> very interesting. there this theme in the magazine, several different china stories. interesting, this story gets into the digital inroads that china is making. >> not only the digital inroads

auto show. this self driving car truly is a ride these boxy four wheelers at the north american international auto show are autonomy's vehicles not of the future they're here now rin speed snap car lets you snap a passenger pod or a delivery pod onto what is sensually is a skateboard most are from small manufacturers but major manufacturers including ford plan to sell fully autonomy's vehicles in the next two years these fords are already being tested delivering pizzas groceries and people it's been more of an evolution than a revolution twenty one thousand cars are already packed with lane assist auto braking and other driver is cystic knowledge ease the autonomy that's available today is the autonomy that you see in your cars that assist you with the driving task you're going to see that today and tomorrow and the the the year after that you're going to see those technologies get better and better and better we're putting into our vehicles now the ability to stop on an emergency without you having any action on your own in a few years all of the vehicles ford sales will be connected able to comm

of the biggest automakers here at the north american international auto show in detroit the motor city zone ford and general motors say tariffs are cutting twenty eight hundred profits by a billion dollars each the world's largest car market china their target of u.s. steel tariffs is contracting and after a nearly decade long auto industry boom forecasters say the industry is due to decline in twenty nineteen in part due to a trade war president donald trump picked with china. the president who calls himself a tariff man insists the u.s. treasury is reaping billions from chinese tariffs that absolutely hurt john a very badly but are. they getting a lot of money a lot of money a lot of. but among auto makers the trade war has left many casualties it's too early to say who's winning the trade war i think it's clear that there are losers already but it's too early to say who in fact is winning china's g.a.c. motors won't be selling in the u.s. market till twenty twenty but they're preparing by coming here to detroit. but for the first time in years most european auto makers including por

of the biggest automakers here at the north american international auto show in detroit the motor city's own ford and general motors say tariffs are cutting twenty eight hundred profits by a billion dollars each the world's largest car market china the target of u.s. steel tariffs is contracting and after a nearly decade long auto industry boom forecasters say the industry is due to decline in twenty nineteen in part due to a trade war president donald trump picked with china. the president who calls himself a tariff man insists the u.s. treasury is reaping billions from chinese tariffs that sounds that absolutely hurt john a very badly but are. they getting a lot of money a lot of money a lot of. but among automakers the trade war has left many casualties it's too early to say who's winning the trade war. i think it's clear that there are losers already but is through early to say who in fact is winning china's g.a.c. motors won't be selling in the u.s. market till twenty twenty but they're preparing by coming here to detroit. but for the first time in years most european automakers inc