was built into switzerland not in porsches hometown of stuttgart.he. coast of explains that when the also industry was in its infancy cars were made by hand the big manufacturers only provided the shaft the engine and the fittings customers had to water the body individually from a coachmaker. by the 1950 s. this practice was rare but the beutler firm from switzerland continue to do excellent body work. one example is this wonderful cooper and 957 volkswagen porsche 696. ounce than football club had already established contact supporter back in 19486 of the very 1st porsche 356 is had bodies made by the bottle brothers including the oldest series production porsche still in existence car numbers 003 but the coach makers had aspirations of there are. an elegant if you play with 4 seats and superior engineering that drives like a sports. car impossible. no sedans that floats a point if they acquired the shattering of a v.w. bug and began to hammer out a suitable body and this was the fruit of their labor the porsche pointless 696 a real like catcher.

one example is this wonderful cooper and 957 volkswagen porsche 696.unce the football player had already established contact supporter back in one. in 486 of the very 1st porsche 356 is had bodies made by the bottle brothers including the oldest series production porsche still in existence car numbers 003 but the coach makers had aspirations of there are. an elegant if you play with 4 seats and superior engineering that tries like a sports car impossible. no surveillance that fights if they acquired the shasta of a v.w. bug and began to hammer out a suitable body and this was the fruit of their labor the porsche pointless 696 a real like catcher. the body of the porsche 696 was made entirely of a mini in this particular ford or coupe a was fitted with an engine that normally powered porsche sports cars the other boys are $6.00 and $6.00 is used to reliable and cheaper mass production engine produced by. most point is what powered by the v.w. beetle engine explains christophe with a judson compressor providing extra performance but that wasn't enough an

ounce the spoiler had already established contacts a porsche back in 19486 of the very 1st porsche 356s had bodies made by the bottle brothers including the oldest series production porsche still in existence car numbers 003 but the coach makers had aspirations of their own. and elegant if you play with some superior engineering that drives like a sports. impossible. no. point if they acquired the shattering of a v.w. bug and began to hammer out a suitable body and this was the fruits of their labor by the porsche beutler 696 realized catcher. the body of the porsche 696 was made entirely of a mini and this particular ford or coupe a was fitted with an engine that normally powered porsche sports cars. and 6 is used to reliable and cheaper mass production engine produced by fans like. most powered by the v.w. beetle engine explains christophe with a judson compressor providing extra performance that wasn't enough and this car's 1st hear that sound. that sports are engineering in the back crystal says a 4 cylinder boxer engine generated $75.00 horsepower and pushed the coup play to a top

now porsche has joined the party. high—performance cars. now porsche hasjoined the party.performance cars. now porsche hasjoined the party. it is proudly displaying its new model at the car show. we have been speaking to porsche‘s chief executive 0liver bloomer. —— blume. porsche‘s chief executive 0liver bloomer. -- blume. we have decided to go battery—powered because it suits us for the acceleration and on the other side, our goal of our company strategy, sustainability. to combine both of this, it was a very clear decision to go to electric. combine both of this, it was a very clear decision to go to electricm isa clear decision to go to electricm is a radical step for a company which has traditionally focused on very meaty real wheel sports cars that have evolved over the years. very meaty real wheel sports cars that have evolved over the yearsm is seeming radical and a step in the right direction. when you look back, we we re right direction. when you look back, we were coming from the racetrack. for example, we had our winner three times ina for example, we had our wi

porsche is getting into the electric car market. unveiled their all electric vehicle. $90,000start at a cool with the top price of nearly double that. volkswagen is hoping this will help cement its ambition to be the leading seller of battery-powered vehicles. matt miller caught up with the porsche ceo to see what is under the hood. it is an exciting moment for us, to be able to present the new vehicle. four years of engineering. preorders andof it raced to nearly 30,000 preorders. we are very proud of it because all of these porsche fans have not already seen the car before today wection and so will mention what will happen in the market and what will be the response. matt: we trust the design language and the dynamics of porsche. what can you tell us about the financing to build the car? you are the first carmaker ever to develop a car partially with a promissory note. how did you come up with the idea, how did that work? ,> when we did the calculation electro-mobility, you have the material cost, you have the investment you have

now to many car incentives yes around the world the name porsche immediately sparks images of revving engines and tires peeling out but amid changing times in the industry the sports car maker has invested 700000000 euros into a new factory it is to build the brands 1st fully electric powered sports car models just rolled off the assembly line. the looks a familiar but it's what's inside that counts and in the tyke and that's a fully electric engine unlike any porsche before the company says its new model is also the start of a new business model 2025 it aims to make half of the vehicles it produces electrically powered. we sort about 4 or 4 years ago when we decided to do this project that with our strategy force sustainability it's the right moment to decide to go for electro mobility because we think that electro mobility fits perfectly into our brand from sportiness for the performance. also for the sustainability and porsche does seem to walk the walk it plans to invest 6000000000 euros into it electric cars by 2022 the question is will that be enough competitors like tesla have

we get an inside look with porsche's north america ceo.erg businessweek." ♪ carol: welcome back to "bloomberg businessweek." i am carol nasser. jason: and i am jason kelly. you can also listen to us on the radio on sirius xm channel 119, and on a.m. 1130 in new york, 106.1 in boston, 99.1 f.m. in washington, d.c. carol: a.m. 960 in the bay area, in london on dab digital, and of course, on the bloomberg business app. jason: we go outside the magazine to an author who i have to say practically defines the term zeitgeist. we are talking about candace bushnell. carol: she wrote "sex in the city" and the hit hbo series. she wrote a new book and we talk about what has changed for single women in today's economy. candace: when i was in my 30's and i first wrote "sex in the city," i was a single women and there weren't supposed to be any single women in their 30's. that was 20, 25 years ago. being single in your 30's was considered -- what's wrong with you? you have baggage. why haven't you been able to understand how society works? find somebody.

plus, porsche powers up its electric sports car. will it be enough to charge past the model three? this is bloomberg. ♪ taylor: slack and gave its first earnings report wednesday and investors were not impressed. while the beast analyst , it projected slower sales growth for the second half of the year. they said revenue will be $154 million in the third, signaling strong competition and a rapid rise. ouraught up with correspondent and a research director on wednesday right after the results were announced. >> it is pretty stiff competition, but what microsoft is trying to do is push this type of collaboration into the infrastructure, so it becomes this horizontal service that everyone in the company has access to. we can tell you based on our surveys this past year that office 365 is increasingly being attributed to collaboration. enterprise collaboration. whereas in previous years, it was more associated as an email outsourcing service. in my opinion, as microsoft has succeeded with teams, it has also succeeded in building awarene

check out that porsche.interesting car, very different on the inside from what you have seen. it is a huge effort by the company in its first modern all electric car. jason: and you should check out the pictures on carol's twitter feed of us inside the car. carol: yours? jason: candace bushnell! she really surprised me, it was not the interview i expected, the substance or the tone i expected. very enlightening. she is something. carol: it wasn't all cosmopolitans but there was the thinking going on. jason: you can find more stories on businessweek.com. carol: and check out our podcast. jason: more bloomberg television starts right now. ♪ - that moment you walk in the office and people are wearing the same gear, you feel a sense of connectiveness and belonging right away. our shirts from custom ink help bring us together. - [announcer] custom ink has hundreds of products to help you look and feel like a team. get started today at customink.com taylor: i'm taylor riggs in for emily chang. this is the "best of

porsche is getting into the electric car market. unveiled their all electric vehicle wednesday. it will start at $90,000 with the top price of nearly double that. its parent company, volkswagen , is hoping this will help cement its ambition to be the world's leading seller of battery-powered vehicles. matt miller caught up with the porsche ceo to see what is under the hood. >> it is an exciting moment for us, being able to present the new taycan. four years of engineering. we have a lot of preorders and last week, it raced from 20,000 to nearly 30,000 preorders. we are very proud of it because all of these porsche fans have not already seen the car before the production and have not already driven the car, so today we will mention what will happen in the market and what will be the response. matt: they trust the design language and the dynamics of porsche. what can you tell us about the financing to build the car? you are the first carmaker ever to develop a car partially with a promissory note. how did you come up with the idea, ho

up next, porsche unveils its first electric vehicle.will run down the features, including the price. that's next. and bloomberg technology is livestreaming on twitter. check us out @technology, and follow our global breaking news network on twitter. this is bloomberg. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. the automaker famous for its iconports car unveiled the wednesday. volkswagen hopes it will help cement its ambition to be the leading seller of battery-powered vehicles. matt miller caught up with the porsche ceo to see what is under the hood. >> it is an exciting moment for us, being able to present the new taycan.

up next, porsche unveils its first electric vehicle.will run down the features, including the price. that's next. and bloomberg technology is livestreaming on twitter. check us out @technology, and follow our global breaking news network on twitter. this is bloomberg. ♪ here, it all starts with a simple... hello! -hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. ♪ >> cars. they unveiled the all electric car wednesday which starts at $90,000 at the top price and nearly doubled. the parent company is hoping this will help cement its ambition to be the world's leading seller of battery powered vehicles. ceo to seewith the what is under the hood. >> it is an exciting moment for us, being able to present the new taycan. four years of engineering. we

also for the sustainability and porsche does seem to walk the walk it plans to invest 6000000000 euros into it electric cars by 2022 the question is will that be enough competitors like tesla have been building electric sports cars for years our intention wasn't wasn't tesla orientation always has been. like the 911 and our main targets for the tyco and water taken. should be able to drive like a $911.00 and at the end after millions of test kilometers i'm able to say. you can drive like 911 as production gets underway bush's 1st electric car already has close 230000 orders it also has a range of new models ready for launch but amid all the changes one thing remains the same the tie comes price starts at an exclusive 150000 euros. and staying with things that are rare and expensive luxury goods maker live utah is cashing in on a surge in demand from china but it's not planning on moving manufacturing there to be closer to its customers or to cut costs its chief executives says asian shoppers are not interested in pots made. this is probably not the setting you'd associate with a multin

matt: they trust your design language and the dynamics of porsche.u tell us about the dynamics and the build of the car? firstk you are the automaker to build a car at least partially with a promissory note. how do you make that work? calculation,d the electric automobiles have a much higher material cost, much higher investment to put in. we asked all the people in porsche to help pilot the bought aso everybody to be able to finance the product, beginning with boardmember's to all of our people working on the product. in the end, it was successful. carg able to produce the is.e the heart of porsche is matt: will you always make the car in stuttgart or in germany? is that something the customer demands? >> for our brand, it is very designed, having cars built, and engineered in germany. thought to go to a new era, we should do it from where we 2065, connecting our traditions with our future. matt: this will likely outsell -- the 911, and the starting price is about the same . do you have to sacrifice a lot of margin for that? >> later on, we will com

porsche says that they're looking into 3 power train versions for the future powerful gasoline engines hybrid motors and now fully electric cars this car is part of the porsche family they see it as a very sporty car just below the panamera he says the most important thing is to develop a car which is 100 percent porsche for the beginning of the electric here at fox it off to buy just. the premium type contra ball as could reach up to $560.00 kilowatts an over boost mode and accelerates from 0 to 100 kilometers per hour and just 2.8 seconds it can reach a speed of 280 kilometers per hour that has a range of about 400 kilometers and is the 1st series vehicle to have a system voltage of $800.00 volts and stead of the $400.00 volt typical for electric cars with direct current in the quick charging network the type contour well as can be quickly recharged for up to 100 kilometers of range in just 5 minutes. forward percent of its electricity it cools with the slogan go electric the largest vehicle is the explorer plug in hybrid with 4 wheel drive it's 3 leader ego boost gasoline engine is

hey, phil. >> the reason we are here is because this is where porsche decided to unveil the new porsche taycan we were on the canadian side of the falls when they opened up the doors and said here is the porsche taycan the price tag will get a lot of people talking coming in over $150,000. last week we had a chance to go for a test ride in the all electric taycan. 2 to 60 in 2.6 seconds 80% charge of its battery in 22 1/2 minutes when it does fast charging we have 20,000 people who are interested in buying it. >> interestingly, we have seen that 50% of this interest people not knowing the porsche brand. >> are many tesla owners >> we welcome them >> it will be interesting to see how many tesla buyers say i would like to get the taycan instead. i get this question all the time how many electric vehicles have been sold in the u.s. and how many are teslas? two-thirds of the electric vehicles sold since 2015 were tesla models a good chunk in the last year and year and a half. but this is, in my opinion, the first electric vehicle that truly is a threat to tesla in terms of performance, in t

porsche presents its 1st fully electric sports car that tai chi the actual premier much less spectacular took place elsewhere the new factory is at the company headquarters and soof analysis where the new tag con is being built porsche has invested around $700000000.00 euros into this factory $1500.00 new jobs were created 3 shifts a day will enable up to $36000.00 tie cons to be built every year this sports limousine complete with 4 doors is one of the most powerful series models currently sold by for shit. but also that's the over of wilma c.e.o. porsche says that they're looking into 3 power train versions for the future of powerful gasoline engines hybrid motors and now fully electric cars this car is part of the porsche family ac it is a very sporty car just below the panamera he says the most important thing is to develop a car which is 100 percent porsche for the beginning of the electric era by. the premium time controversial as could reach up to $560.00 kilowatts an over boost mode and accelerates from 0 to 100 kilometers per hour in just 2.8 seconds it can reach a speed of 280

also for the sustainability and porsche does seem to walk the walk it plans to invest 6000000000 euros into it electric cars by 2022 the question is will that be enough competitors like tesla have been building electric sports cars for years our intention wasn't wasn't tesla orientation always has been our products like the 911 and our main target for the tyco and watertight gun. should be able to drive like a $911.00 at the end after millions of test kilometers i'm able to say. you can drive like a 911 as production gets underway pushes 1st electric car already has close 230000 orders it also has a range of new models ready for launch but amid all the changes one thing remains the same the titans price start at an exclusive 150000 euros. president hurried to. the car makers board of director says the announcement comes after. being overpaid paid by as much just after all these carmaker contin. news struggled to deal with the fallout from his scandal involving former boss scholars gold who faces a number of criminal charges nuisance profits and sales has. the number of tourists visitin

the porsche board of directors.hicle, why do you believe this is right time for an all-electric porsche? >> i think we work very, very hard, four years of development with a lot of complex issues i believe even more complex as we initially expected because main challenge was not just to make an ev, another ev, but to make out of this car a true porsche. able to transfer the soul of a 911, a 718, a cayenne, into this car. we are very proud. >> i had a chance for a test ride at your facility in atlanta. 0 to 60 in 2.6 seconds the handling, the feeling, the acceleration of a porsche. some people look at the price tag that you announced this morning. $150,000 that's the base model of this. they will say, wow, that's pretty rich. is there demand at that price point? >> it's a good value. >> a good value at $150,000? >> we are starting top down. we are showing the top models. we will bring more affordable models in the future we wanted to show what we can do that sustainability doesn't mean sacrifice. this car has a typic

it's a porsche, it's probably going ook great. the performance is probably going to be fantastic and the model s is old. it was aas great design. pretty long in tooth at this poin and they're a consumer base tha wants to buy the latest and greatest. >> reporter: the tycon isn't cheap starting at $150,000, a priceye ride porsxecutives believe buyers will want. >> personally i can tell you c that the car is overwhelming. driving it is more than what i asked for. now let's seehat consumers say about it. sale lat this year marking theo start of the ev era at porsche. phil lebeau, "nightly business report," na ago gra falls ontario. >>> before we go, a final look at the day on walstreet. yesterday's declines became today's gains with the dow up 237 points. nasdaq climbed 102. the s&p added 31. >>> that's it for us tonight. i'm sue herera. thanks for joining us. >>ill griffeth. see you tomorrow. woman: this is "bbc world news america." is made possible by... the freeman foundation; by judy and pedar blum-kovler foon, pursuing solutions

theo leggett has been speaking to the porsche ceo, 0liver blume.to go electric because it fits perfectly to because of acceleration and opportunity and also our goal and the company strategy is sustainability and to combine both of these was a clear decision. it is a radical step for a company traditionally focused on very meaty, sports cars that have evolved over the years. it is a kind of step in a new era but, when you look back, we are coming from the racetrack and, for example, the le monde winner three times in a row, we already use electro ability to put them on the road so it was a logical consequence to do that and in future we will continue with petrol engines like the 9/11, like hybrids, and now this is a flexible and sustainable for the next decade with the taycan. they are less profitable to build because they cost more. the materials are much higher than in normal combustion ca rs higher than in normal combustion cars but we think that electric cars will be a part of the future and so, without company, we have to tackle and therefore

theo leggett has been speaking to the porsche ceo, oliver blume.se electro—mobility fits perfectly with porsche because of its acceleration and its opportunity on the one side. on the other side, is our goal of the company strategy, suspendability. to combine both of this was a very clear decision to go to electro—mobility. but it's a very radical step is a tick, for a company that's traditionally focused on very meaty, real wheel sports cars that have evolved over the years? it seems to be radical and it's kind of a step in a new era but when you look back, we are coming from the racetrack and for example, we are the le monde winner three times in a row. we already used electro—mobility and we always engineered innovations on the racetrack to put them on the road. so it was a logical consequence to do that and in future, we will continue with petrol engines like the 911, we will continue with our hybrids like the panamera and the cheyenne. and now we need to be flexible and sustainable for the next decade. but there is a problem here isn't there?

still ahead, porsche unveils its first electric vehicle. run down the features , including, of course, the price. bloomberg technology is livestreaming on twitter. check us out at technology and be sure to follow our global breaking news network at tictoc on twitter. this is bloomberg. ♪ devices are like doorways that could allow hackers into your home. and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. our students' achievements with custom gear. drive they love custom ink's different styles and designs. we love how custom ink makes the process simple with their easy to use design lab, expert artists ready to help, and unbeatable customer service. c

tesla -- porsche, what am i talking about, porsche claims it has 20,000 deposits on this car alreadyly the first year of production. stuart: porsche is known for speed and electric cars are known for speed. i take it that the acceleration in a porsche electric is going to be just dynamite. >> especially because the tesla is known for speed as well. zero to 60, 2.6 seconds. stuart: that's fast. >> about the same as the tesla. they say 2.4 seconds. more importantly, porsche says you can drive this all day on the racetrack. it's not going to overheat, won't lose power. that's a big issue with a lot of electric cars today. stuart: we just heard that the sale of electric cars, down in the united states, down in china, down all over the world. i think that's because of cheap gas. >> mostly because of tesla sales. in china they are dropping because they are starting to take away a lot of the incentives there. that won't affect high end cars like this. porsche is opening the taycan with $150,000, $180,000 versions of it. they will eventually have cheaper models, under $100,000. it's come out

, we have probably the most complete portfolio of electric cars. >> we think it fits perfectly to porsche because of the acceleration and our know how of driving dynamics the response of the market is very good. we are very confident about the car and accept ans in the market >> so tesla isn't present here the big question is what p will happen with tesla if all those luxury carmakers from germany will present and market their new sedan versions dimeler presented their new vision going forward, fully electric that is a competitor to tesla. the question is will tesla survive that if everybody else comes to market. back to you. >> thank you for bringing us all of that information. we are going to take another short break, stay with us. massive profits, massive ipo grabbing the saudi ceo and his comments ahead memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. ♪ ♪ applebee's handcrafted burgers now starting at $7.99. now that's eatin' good in the neighborhood now starting at $7.99. my teeth have been feeling really sensiti

. >> like a bmw, mercedes, porsche? what are you looking for?> i'm kind of looking for something a little bit more modest. >> okay. >> ford, chevy, maybe. >> the first potential buyer i've seen since i've been here walks in and he's looking to buy an suv. he seems motivated, excited, ready to buy. the problem is we don't have what he wants. >> i wish we could help you. >> no, it's all right. don't worry about it. >> maybe next time. >> take care. >> he wants to be in an affordable car like everybody else in america, and every suv we have on the lot is priced over $40,000. >> that's the frustrating thing that you deal with. >> how many customers a day do you get that you can't sell stuff to? >> oh, we--it's not just the walk-in customers, it's the phone calls. >> yeah. >> it's the internet. >> seems busy. service seems busy. >> yeah, service does, like, $100,000 per month. sometimes we do a little bit more. >> so in your role as general manager, how much time do you spend out here? >> i'm back here quite often. >> those guys all reporting to you?

the real question is not which way should the porsche turn, the real question is why is the porsche going so fast in the first place? the porsche should not be in that situation. it should not be tailgating a truck that drops boxes and has to swerve. that's the problem with the driverless car. sorry, i get excited. i can take more questions but clearly we need to wrap up. thank you. [applause] >> american history tv is on c-span3 every weekend, and all of our programs are archived on our website at c-span.org/history. in can watch lectures college classrooms, tors of historic sites, archival films, and see our schedule about coming programs. that is c-span.org/history. visit ton our sheridan, wyoming, we take you to the brinton museum to look at american and indian art that makes up the collection. >> the brinton museum is a very complex institution because not only are we an art museum, but we are also history and we have natural history as well. we lie on 620 acres of beautiful ranch land here.

are probably saying so the big orange red necks mark electric cars you know volkswagen the idea 3 porsche with the take in sports car and then you've also got kind of runaway persia and all these are the 1st showing sold for electric products and concepts mass market means cheaper models like volkswagen's id 3 so more europeans will be able to afford the new electric vehicles until now the continent has lagged behind other regions last year just under 1000000 electric vehicles were sold in asia pacific the americas were far behind but still in 2nd place and europe came in 3rd with fewer than 230000 electric vehicles sold. but that could change now with car makers showing the results of the billions of invested in electric vehicle technology at the i.a.e.a. and front foot. and here are some of the other business stories making news. russia's state communications watchdog says u.s. tech giants google and facebook allowed political ads on their platforms during sunday's regional elections despite being asked not to russian law says election ads should not be broadcast on election day but mos

the car's light weight makes up for that the g.t. 86 tops the scales at 1.3 turns in comparison a porsche boxster weighs 100 kilos my. the wood also has $100.00 more horsepower under the hood but that he says bear in mind that the cheapest boxster it costs nearly twice as much as the toyota. that she teeny sinks to need 100 kilometers an hour from a standstill in 7.6 seconds toyota says it burns $7.00 leaders of fuel per 100 kilometers on the road if you push it a little go plan to burn a leader a 2 over that. time you might as well ask what makes a good sports car how quickly to accelerate its top speed that's for muscle cars he says when no one climbs in their sports car hits the motorway accelerates a couple of times to the top speed and then says wow that was a great outing with a sports car you're driving in the mountains and taking curves because that's where driving gets fun especially accelerating out of curves and cornering and that's something that she t.v. 6 does very well he says. if you need. those stability in curves is largely due to the cars macpherson struts up front and

where we are probably saying so the big launch so mark electric cars you know volkswagen the idea 3 porsche with the taking sports car and then you've also got kind of rough.

it's a porsche turbo. >> you have the bentley and a rolls outi'd and do you have another car here somewhere? >> yeah, i have a ferrari. it's hard to make a choice every day. >> how do you think the culture of wealthy chinese in america right now represents what's going on in china? >> it's all about the mentality. in china most people have not experienced the wild supply times. your parents experience the poor stuff so they still feel insecure. >> rudy's talk about the more than 40 years people lived in china under strict communism. people relied on the government for almost everything and with such a huge population, most people were poor. that all changed in the 80s when the chinese government began allowing people to start businesses and when the tech boom hit, people like rudy's parents who started an online game persian gulf company cashed in money. >> in america, you need to but in china, it's like normal people can become millionaires. >> the numbers of millionaires and billionaires swelled overnight. people were suddenly filthy rich and wanted everyone to know it. >> so everyone wan

they say audi dialer porsche and volkswagen were complicit smart to hold out. well volkswagen is volkswagen group volkswagen group encompasses porsche skoda c on a bunch of other brands that includes lamborghini but one of the things to note is that the fall of the german car manufacturers b.m.w. saying we're not going to settle we've got a 1000000000 euros set aside and we're going to try and fight this because the fact is they feel that they have not broken any of the laws and rules again this is going to take a long time to come out this is still from diesel vehicles that are being sold in the u.s. some are still sold here but they're still selling quite a bit of them in europe although people think that electric vehicles may be the answer there's no profit margin in it so b.m.w. i'm sure would like to continue selling diesel vehicles and this is not going to get settled very quickly lauren fix the car coach thanks so much for joining us. thank you. despite the animosity and lack of progress with the trade where negotiations on an official macro level u.s. f

the real question is not which way should the porsche turn, the real question is, why is the porscheoing so fast in the first place? the porsche should not be in that situation. it should not be tailgating a truck that drops boxes and has to swerve. that's the problem with the driverless car. deiverlessise of the -- driverless car. sorry, i get excited. i can take more questions, but clearly we need to wrap up. thank you for coming. [applause] american history tv is on social media. .ollow us at c-span history announcer: this weekend, american history tv is joining our spectrum cable partners to showcase the history of sheridan, wyoming. to watch more video on the current tour visit c-span.org/citiestour. we continue now with the history sheridan. [applause] >> there's no place better to be the second week of july than sheridan, wyoming. we put on a world-class event and we invite you to sheridan. ♪

the scandal and possible successes or not and cite the most influential owners of horse wagon the porsche and these i'm sorry a pet peach family they already said that they want to keep d.s. and the driver seat as well but that could turn out to be a very difficult decision because if the case goes to court these would have to go to court maybe 2 or 3 times a week for a month and that would be a burden for the company as more details will you know come to light so that in the horse way you could suffer a lot not easy to stay in the driver's seat in this particular situation that you're a gallon ike from day to day there's a thank you very much for your insights. and staying in germany europe's biggest economy continues to feel the fall out of global trade wars the latest purchasing manager's data shows a german private sector activity shrank for the 1st time in 6 and a half years compounding worries about the economy there was however a glimmer of good news today the much awaited business climate index beat analysts work out september's figures came in at $94.00 higher than last month but

. >> we ask all of the porsche to help be able to finance the project.hes a increasing salary of the next able to finance able to finance the project, beginning with a board member through all of the people working at porsche. vonnie: we also spoke with the ceo about margin versus price. oliver:er: we will -- we will start -- later on we will come with some [indiscernible] euros or dollars and we have a good margin. it is not so high as another project. starting project and there is a lot of potential in future for innovation, and also for economic scale. vonnie: the ceo also weighed in on charging stations. liver: we have to kick off the initiative to start the charging infrastructure and at otherd we could combine companies like bmw, mercedes, for, or the other brands. infrastructure will grow with the upcoming volume. porschethe ceo of speaking to us earlier. coming up, "balance of power" with david westin. kathleen sebelius joins the program. we are seeing a global equities rally. the nasdaq is up more than 1%. the s&p up almost 1%. the vix muted. at

where we are probably saying so the big launch so mark electric cars you know volkswagen the idea 3 porsche with the taking sports car and then you've also got kind of ran over the persian. showing sold for electric products and concepts mass market means cheaper models like volkswagen's id 3 so more europeans will be able to afford the new electric vehicles until now the continent has lagged behind other regions last year just under 1000000 electric vehicles were sold in asia pacific the americas were bar behind but still in 2nd place and europe came in 3rd with fewer than 230000 electric vehicles sold. but that could change now with carmakers showing the results of the billions that invested in the electric vehicle technology at the i.e.e.e. and front foot. and here are some of the other business stories making news. russia's state communications watchdog says u.s. tech giants google and facebook allowed political ads on their platforms during sunday's regional elections despite being asked not to rush in last election ads should not be broadcast on election day but moscow says google and

probably saying so in the big orange so red he must knock electric cars you know volkswagen the id 3 porsche with the taking sports car and then you've also got kind of ran a new lease on the showing sold for that should products and concepts mass market means cheaper models like. 3 some more europeans will be able to afford the new electric vehicles until now the continent has lagged behind other regions last year just under 1000000 electric vehicles were sold in asia pacific the americas well bobbie behind but still in 2nd place and europe came in 3rd with fewer than 230000 electric vehicles sold. but that could change now with car makers showing the results of the billions of invested in electric vehicle technology at the i 80 and front foot. nice doing business or thing. soccer games favorite sport. it's no wonder stick tackler go. plenty of emotion. and. the best of game day. kick off w. . coach of a. sure link to news from africa and the world or link to exceptional stories and discussions from the news as easy as i want with safety deputed comes much traffic on join us on facebook. fo

dominance in online advertising and searching follows similar action against facebook also come on the porsche launches its 1st fully electric model will show you if you can still rev up the engine on the spot. it certainly has a bad ring to it monaco listed behavior and it could spell big trouble for google prosecutors across the united states have launched a new antitrust probe into whether the internet giant is abusing its position in online search and advertising just last week facebook's market dominance became the subject of a similar investigation. investigators are probing google to see if it's internet searches online advertising as well as that smartphone operating system android have made it difficult for rivals to compete and harm to consumers the investigating states are led by texas there are $48.00 of them plus the district of columbia and puerto rico. the european union has been investigating google for some time brussels is saddled google with nearly $10000000000.00 an antitrust fines over the past 2 years the commission has decided to find google $4340000000.00 euros for brea