a billion dollar bets one that has to work if you don't use thomas my felt reports from the shanghai motor show. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the focus groups leading market for electric mobility millions of cars will roll off assembly lines here. china real be the motive power house of the future electric cars fully connected cars all their technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group of fourteen alone. so we are strong pillar of the cell to motif industry the wolfsburg company one. to counteract the declining sales figures in the asian giant with a completely new car brand for china the jetta this inexpensive v.w. was designed especially for the chinese market for the equivalent of ten thousand euros the sedan or s.u.v. will reach completely new groups of buyers eighty one percent of those first time by us so when we want to a trick new chinese customers who have

world's biggest auto market economy his trial chinese spy is with best placed offerings at the shanghai motor show. and progress china town hall goes town. chinese doing business in europe. let's do business china's comma needs a. stot sales have skidded off track for the first time in a long time and the communist leaders want to lead in electric vehicles imposing sales targets that's requiring the big brands to pour money into new models to compete with gasoline powered cars. tossed i felt reports. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the focus groups leading market for electric mobility millions of cars will roll off assembly lines here. china really would be the automotive powerhouse of the future electric cars fully connected cars all their technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group fourteen alone for x. y. so we a strong pillar of the south to mortify industry that wi

more than a quarter of all new passenger cars sold worldwide are sold there so the mood at the shanghai motor show could be better in the first quarter sales in china have fallen by fifteen percent to five point one million units and this year the car market will continue to go down german premium in the factories have been able to buck the negative trend so although shanghai comes at the right time for them to push sales with several world premiers. there's no sign of a sales crisis on shanghai streets german luxury brands like miss eighty's audi and b.m.w. are watching their sales climb and climb b.m.w. wants to boost revenues with a long wheelbase version of its mid-range car the high earning it middle class in china wants much more leg room in the back because they like to be chauffeured. no the big parties not over this is the largest market in the world and ok yes we see a downturn the first three months of this year last year as well but different look at the german automaker they have gained market share and that is great. also building stretch versions of its european cars here with the q

it's called the rip he e it's a four-door vehicle was unveiled at the shanghai motor show. it's an electric version of the repeat as switches gas-powered the electric car has more than 600 horsepower top speed of a 155 and a 0 to 60 mile in an hour time of less than 4 seconds. it has a range of just over 200 miles the price tag for a repeat he is expected to be around $330,000 if you're interested you better hurry because only a 155 or pde cars will be made and james bond will be driving one in his next movie and ever wonder what celebrities would look like if they were moments of public transportation in the bay area probably not but we're going to show you any way after the break. and kron four is now streaming live local talk news, 24 hours a day if you haven't tried try not caught on yet. here's what you're missing. >>county oakland, san francisco and los part. ♪ ♪ with the chase mobile app, jason wu could pay practically anyone, at any bank, all while putting on a runway show for new york fashion week. ♪ ♪ he could. or, he could make it even easier - and set up recurri

it's called the repeat e now the ford or vehicle is unveiled at the shanghai motor show lot of folks are excited about this. it's an electric version of the repeat asked which is gas powered. i think our floor director costs like sees kind of cars right it'sita top speed of a 155 miles per hour. he says no you're just crazy. the price tag further of heat expected to be around $330,000 or 4 director cost can buy it and then he'll let me and john barr it on the weekends. yeah, he says coming up next on the crop for morning news of a man pulls out a machete threatening a parent and a child find out what what did this violent display. you know when you're at ross and you realize great minds shop alike? yes. or when you find those name-brand shoes that everyone notices? oh, yeah! or when you get exactly what you need for your growing family? yes! that's yes for less. yep! yes, yes, yes, yes... yes! seriously, 20 to 60 percent off department store prices every day. at ross. yes for less. at ross. for unbeatable natnew nice'n easy.or. now in cream. 100% natural looking color. that lasts 8 w

as volkswagen the market leader have been hardest hit so the mood is mixed this year at the shanghai motor show and our correspondent filed the details in this report. the id rooms might still be a show car but the electric s.u.v. will be built and sold in china starting next year later the usa and europe will follow china is to become the vogue group's leading market for electric mobility millions of cars will roll off assembly lines here. china real be the automotive paul howes of the future electric cars fully connected cars. technology enterprises working very closely together here we are a very important part we have eighteen percent market share in the group of fourteen. so we are strong pillar of the south to motive industry that will spur the company wants to counteract the declining sales figures in the asian giant with a completely new car brand for china the jetta this inexpensive v.w. was designed especially for the chinese market for the equivalent of ten thousand euros the limousine or s.u.v. will reach completely new groups of buyers eighty one percent of those by a first time by

auto market carmakers try to look for flying chinese buyers for their latest offerings at the shanghai motor showalso called lawmakers in the united states of baghdad other lenders looking for money from russia that might have swayed twenty c. .

>>the four-door vehicle is unveiled at the shanghai motor show a show if you are interested you bettery going to be a 155 or pd cars that will be made the price tag for repeated. he is expected to be around $330,000. they are an electric version of the repeat as switches gas-powered aston martin isn't expected to have additional electric vehicles leave that to a separate brand. >>today the measles outbreak is spreading the bans several cities to try and contain the disease and just ahead in sports quick update from vegas to sharks night's game 4 will also break down golden state's all time collapse against the clippers. and the official diagnosis and the markets cuts. force now streaming live local news 24 hours a day if you haven't tried kron on yet. >>here's what you're missing. >>today was bad some are worse. stoner into the oakland hills. >>health officials in michigan say they've traced an outbreak of measles there to the continuing measles outbreak in new york meantime new york officials are continuing to try and stop the ncerning devel problem the spread of in a new disease spre

the four-door vehicle was revealed at the shanghai motor show and 155 will be made and there's no plans of making any additional ones. expected price tag, you know, just around $330,000. >> slick. >> yeah. >> fast. >> only a dream. >>> time now is 5:40. >> there's nothing like spending spring on the slopes. coming up, a look at the conditions in the sierra and how people are celebrating this unprecedented snow fall. >>> a winter weather advisory until 11:00. in the bay, it's the warmup that's about to take place to make headlinesis that's g in the weather department. and i'll be back with more on that. >>> everything is in the green with the exception of those in the altamont pass. i'll tell you where we have new accidents coming in, and slowing you down, just ahead. did you know comcast business goes beyond fast with a gig-speed network. complete internet reliability. advanced voice solutions. wifi to keep everyone connected. video monitoring. that's huge. did you guys know we did all this stuff? no. i'm not even done yet. wow. business tv. cloud apps and support. comcast business goes

where there any at the shanghai motor show? there was one that has beenple part of that whole new family. it has been built very much as a tesla fighter that will go up against the model x. it is supposed to go on sale in 2021, just two years away. it is part of a big model rollout that is going to challenge tesla and all of the other major carmakers already in those lineups. vw has earmarked about 30 go onn euros just to electric cars, which is unprecedented in the company's history. what is also interesting is they have really decided to go at this with more emphasis compared to other carmakers, making up a new platform just for electric cars, whereas other carmakers are going for an approach where you share the production platform. vonnie: how much do these factor into potential tariffs? diess spoke to this, and was saying they had done as much as they could do with regards to tariffs in the u.s. on potentially european made cars. for the carmakers, there is terribly much they can do. they will have to deal with a new busine

taylor: auto executives at the shanghai motor show discussed the road ahead for the world's largest car market. the energy segment is growing at a very fast clip. taylor: it is all straight ahead on "bloomberg best." ♪ taylor: hello, and welcome. i'm taylor riggs. "bloomberg best this is -- this is "bloomberg best," your weekly review of bloomberg television around the world. let's start with a day by day look at the top headlines. u.s. bank earnings were in the spotlight all week, starting monday with goldman sachs and citigroup. ♪ vonnie:tigroup -- citigroup and goldman sachs reporting earnings this morning. goldman.rt with its revenue structure has been quite static, and if you got such a static revenue structure, you can't afford a 40% drop in something, can you? alison: goldman had a really strong rebound in the first quarter of 2018. if you look at this quarter, pretty much across the banks we are seeing decline. we did see at goldman a better-than-expected beat in fixed income trading. the same at citigroup. however, both coming in lower on the equities side. even though they bea

taylor: auto executives at the shanghai motor show discussed the road ahead for the world's largest cararket. >> i am optimistic that the second half of the year will be a better have. >> the energy segment is growing at a very fast clip. taylor: it is all straight ahead on "bloomberg best." ♪ taylor: hello, and welcome. i'm taylor riggs. this is "bloomberg best," your weekly review of the most important business, news, and analysis from bloomberg television around the world. let's start with a day by day look at the top headlines. u.s. bank earnings were in the spotlight all week, starting monday with goldman sachs and citigroup. ♪ vonnie: citigroup and goldman sachs reporting earninhis morning. citi's bond revenue trading showed a jump, goldman-s showed a sharp decline. let's start with goldman. its revenue structure has been quite static, and if you got such a static revenue structure, you can't afford a 40% drop in something, can you? >> part of it is the environment. it was a very strong quarter a year ago. goldman had a really strong rebound in the first quarter of 2018. if you lo

going to be unveiled in the shanghai motor show starting today.. gives off that throaty roar. that's more than the gas powered version. they are only making 155 of them. get your order in soon. >>> another one for you. vw doesn't come to mind when you think pickups. they are trying to change that. this is their new concept truck. designed to be more compact than our usual pickup. no plans for release just yet. they want to gauge the market's reaction to that. >>> if you purchased one of those electric aston martins, what better place to show it off than san francisco's lombard street, crookedest street in the world, but you might have to shell out big bucks to drive it. another california tax, here it comes. nearby residents want something done about the jams and the crowds. the city is floating an online reservation system to drive it. five bucks per car, ten bucks on the weekends and holidays. ashley: it's like living next to the airport and complaining about the noise. stuart: one of the most expensive cities in the world, san francisco, to the

shanghai auto show including the mclaren ceo. the lamborghini ceo as well. the ceo of bentley motors. cfo of audi. you don't want to miss out.ou a quick check of the latest business headlines. jet airways lenders have finalized a short list of bidders. they chose india's national investment and infrastructure fund. jet airways has suspended all international flights after failing to secure emergency funding. the carrier is only flying seven planes on domestic route. shery: that is it for daybreak australia. we will have all the action in daybreak asia next. this is bloomberg. ♪ haidi: a very good morning. i am haidi stroud-watts in sydney. we are one hour away from the australian market open. shery: i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." haidi: our top stories this tuesday, asia-pacific stocks facing declines after the rally ran out of steam in new york. rio tinto in focus as sydney opens. iron ore

biggest auto market carmakers try electrifying chinese buyers for their latest offerings at the shanghai and motor show also comes to lawmakers in the united states. and other lenders looking for money from russia that might have swayed twenty sixteen presidential election and washington pardons to its stance towards cuba threatening european companies doing business there. good to have you with us china's car market needs a jump start sales fell and twenty eight thousand the first time in decades which has left many carmakers scratching their heads the same time leadership in beijing is pushing hard to make china a model case for immobility for big brands that means they need to poor big money into fresh models and industry giants like a.