philip lebeau is here with all the details.ood news, phil. >> certainly good news for the people in this area, brian. this means that chrysler once these jobs are added, these 1, 800, by the end of the summer will have added 4,000 since it's come out of bankruptcy. today we had a chance to talk to surge yo coming off of a month where sales are up 34%, chrysler clearly on a roll, is it time for him to step back and say, we made a lot of progress? not at all. listen to what he had to say. >> this is an incredibly short-lived phenomena. you could get off the pe di stool. >> chrysler now providing all of the profits for fiat since fiat is losing money. speaking of europe, we asked him what his thoughts were regarding the situation in europe. he didn't hold back in assessing how bad it is. >> we need to decide, right? we can no longer hypothesize solutions. you need a solution. not looking at alternatives. just make a call and move it on. it could be the wrong one for all i know, but make a call. >> and he says that they need to add

now, philip lebeau is all over this. phil, is this a clint eastwood auto stock rally or something more substantial? >> i think it's more substantial than that, brian. really, you can look at this bump coming from the shop floor to the trading floor to the show floor. and really we're seeing it with almost every automaker. last thursday we're in illinois just outside of rockford. sergio was talking about how they've added over 4,000 jobs since coming out of bankruptcy. chrysler sales were up 44% in january. that's one of the reasons that they're adding second shifts at their plants around the country. let's trade this story. the trading story is when you look at general motors year-to-date. wow. look at that return. that is a staggering return and a gain of 29%. and by the way, the optimistic goals that we're hearing from gm ceos in the articles today were from ford executives in the past about improvement in terms of industry sales estimates or we're seeing this across the board in the industry. so bhen you hear gm say,

i'm philip lebeau. we have some more details from american airlines about the proposals in terms of restructuring the company. a letter that ceo tom horton just sent out says the company plans to improve its bottom line by $3 billion, $2 billion of it will come through cost cuts, specifically $1.25 billion per year will come from employee-related cost cuts. unclear how much of that is the 10,000 to 15,000 jobs they expect to cut. they do plan to cut the work staffs, if you will, by 20% across the board. so, again, they are releasing these details. and as we have more of them, guys, we will certainly bring them to you as soon as possible. back to you. >> phil, i'll take it. let's check in on the bond market where the yield went down to 1.84% -- actually that's a tick up from where we were yesterday. rick santelli at the cme with details on that. first of all, do you believe we're hours away from a greek resolution here, rick? >> well, you know what, i believe that the next lot to ticket i'm going to buy

record car exports bring in philip lebeau.l, how many cars made here are being driven over there? >> about 1.5 million is the actual number. look, we're on a record pace right now, brian. this year we're probably going to export about 1.65 -- over 2 million by 2015. you see canada and mexico in there, that's what you would expect. but country that might surprise people number two being germany. number three china. and then number four saudi arabia where they love our suvs. the one that stands out to me in the top ten is nigeria where sales of u.s.-imported vehicles -- u.s.-made vehicles up 32%. almost 100,000 are being driven over there. those are vehicles imported to nigeria built here in the united states. this is why we're seeing all the plants expand and add jobs here in the u.s. >> all right. phil, stay with us right now because we're going to look in the job market and drive into the sharp increase in manufacturing job openings maybe like car making. it comes from something we showed everybody yet. if you look at the job

philip lebeau will have more on that in a moment. and a 58% jump in earnings on tap and that is pushing the stock higher by nearly 2.5%. on the downside, amazon getting hit after a downgrade from morgan stanley. and smuker in a jam. the stock is taking a beating. blue nile sinking as well. they're predicting down beat first quarter. and the full year as well. and blue nile taking a beating there 12.24% to the downside. tyler. >> jackie, thank you very much. markets taking a leg up in just the past hour and bob pisani's all over it at the new york stock exchange. the rally is moving. should we make something of it or not? >> yes. i was on about an hour and a half ago and i said i'm not impressed with the stock market today. i don't care if the dow's up a few points. i see telecom up, utility up, consumer stocks up. this does not impress me. we're looking for something a little more market leadership-oriented. as i'm standing there about an hour and a half ago headlines come out from a german newspaper that says the ecb is going to swa

let's get to philip lebeau. phil. >> mandy, we now have some greater details regarding the proposed job cuts from american airlines. remember we reported earlier today they're going to cut 10,000 to 15,000 jobs, at least that's the plan. it now totals 13,000. nbc news has learned from a source close to the airline that the breakdown goes like this. of that 13,000, 1,400 from management and staff, 400 on the pilot side, 2,300 flight attendants, maintenance and repair 4,600, a lot will be outsourcing. fleet service and other transportation workers 4,200. still making a decision regarding agents and representatives for the airline. again, guys, 13,000, brian, that's at least the initial proposal. understand this has to go through bankruptcy court. a lot can change over time but that's the proposal at this point. >> what percentage of the total work force would that be? >> you have about 87,000 there of that is union work force. so take the 87,000 and cut about 13,000, you're looking at about, what, 17%, 18%, that's

let's bring in philip lebeau. phil, is it different this time for the dealers? >> it's a lot different, brian. in fact, if you look at what we're seeing in february so far, people have not been scared from going in and buying a new car. certainly moving towards the lower end with the 4 and 6 cylinder, but j.d. power came out and said we expect the sales pace for february to be about 14 million vehicles. that's pretty darn strong. and they've increased estimate for the full year from 13.8 up to 14 million. and they further expect auto sales to hit a pace of 16 million by 2014. anyway you look at this, brian, most people believe you're not going to see real resistance in terms of auto sales until you get well over $4 a gallon. but at $3.61, people might be complaining, but they're not stopping in terms of buying. >> okay. i'll take the other side as far as the car companies, ford and gm and chrysler go, if i'm alan at ford, i want to sell more f-150s than fiestas. i make more money on the trucks. is this going to hurt profitability for the car companies? >> the mi

let's bring in philip lebeau. this week united pushed a $10 round trip fare hike. they kind of let it float, see if the others do it. >> some have matched and some have not. and your question is are we going to see more of this this year? absolutely. this is just the beginning. we already saw one $10 fare increase stick for this year. look what we saw last year. there were 22 attempted fare hikes. of those 10 went through. and when you factor in depending on the routes being flown, the fares were up between $75, $76 and $130 round trip. but that's not the end of this. the other story is what's happening with fees because, brian, as we all know this is where the airlines are making up for losses. ancillary fees. starts with baggage and goes onto other things as well. that's really where the airlines are going to be making up for the high cost of jet fuel. >> okay. most airlines, not all, most made a profit last year. given the environment for jet fuel, can they make profits this year? >> at the current rate, yes. earlier today a note saying i think they can make mon

philip lebeau joins us with gm's vice chairman first on cnbc. >> thank you, sue.he vice chair of general motors joining me from new york where you just got off a conference call outlining this alliance, steve. we're going to show the terms of this alliance to our audience. in a nutshell this is really all about cost savings, isn't it? at the end of the day? >> i think it's cost savings and revenue opportunities, phil. really we're setting up a broad long-term strategic alliance around two pillars. products, modules, components and technology. and a purchasing jb. on the product side we'll be able to lower our cost of putting products on the road and also combine putting product on the road economically challenged if we did on our own. >> a lot of people look at this alliance saying it makes sense in terms of two companies spending trying to save money in terms of cost side. but did gm need to spend the money, which i think is $360 million to take that 7% stake? couldn't you have done this without taking that stake? >> it was important to them that they raise capit

bring in philip lebeau for a closer look at the airline stocks.ig rebound this year. oil is also still where it is. what's the reality? what's going on with the airline stoc stocks? it just doesn't make sense? >> it's primarily being driven by two things. talk of consolidation. everybody expecting at some point we'll see mergers play out particularly with u.s. air. and when you look at the revenue they're driving per those passengers flying, it continues to climb. people are looking at this saying they're kpeeeping a lid capacity and ultimately that's what's driving profitability. >> we have the fees that we talk about. some airlines like southwest they go after it and say we're not going to charge fees and they make fun of other airlines that they do -- >> they don't charge for baggage. >> fair enough. >> but they also have fees there. >> i'm going to put you on the spot then because i see the commercials and i see a southwest stock stuck for about five years and i'm thinking at some point gary kelly is going to have to make the hard call that th

let's bring in philip lebeau in chicago. >> basically looking at more people taking out auto loans and a wider pool. especially those with sub prime and deep sub prime credit according to expeern in the fourth quarter sub prime and deep prime went up almost 14%. the average new car loan coming in at $26,419. up about $630. the monthly payment coming in at $468. but here's the piece of data that really caught our attention, mandy, take a look at the growth in six to seven-year loans. most of those being the seven-year loans. up 47.4%. the bottom line, people want a low monthly payment, mandy. that's why they're stretching out these loans longer than ever. seven years is becoming more popular. >> maybe they want the low monthly loan because they have to pay for high gasoline prices. we know how much they're soaring. i think the average is sitting around nationally speaking around $3.61 a gallon. we haven't been here ever at this time of year. so the question to you, phil, is are the automakers better prepared now than they were before? >> yes. much better. look at the last gas price spik

philip lebeau, it concerns gm. what you got? >> sue, a couple pieces of news from general motors. we await them to report fourth quarter earnings tomorrow. the bonuses salaried workers will be receiving at general motors, those are going to be down because the company did not hit the financial targets that it set. even though we'll see close to a record profit for tomorrow for the year for general motors, therefore the bonuses that the salaried workers will receive will be lower by some degree. also, the company announcing it's going to be shifting its 19,000 u.s. employees, those hired before 2001, 19,000 of them, going from a defined benefit pension to a 401k. they're going to sweeten the pot for those workers by throwing in an extra week's vacation. this is the first of several moves we're going to see, sue, in terms of general motors addressing its pension problems and the fact that it's underfunded on the pensions. the fact that they're going to shift these 19,000 to a 401k, first of many steps we'll see from them. >> thank you, phil. gm is down on the trading session. shares