a court hearing took face in stuttgart. it is about the idea to and diesel cars in more cities after the aftermath of the dieselgate scandal. the reputation of the vehicles has suffered, making an easy target for environmentalist, but those who defend the band do not justify it with cheating carmakers. for them, it is about the quality of air. >> the home of the german car industry and the pollution hotspot -- so much so that campaigners are suing the regional government for failing to enforce air-quality standards. some protesters went to great lengths to prove their point. >> i cannot remove my mask, because the air quality is so bad. i want to see an improvement in air quality in stuttgart. we, the residents, as well as those who come here to work, have the right to clean air. reporter: so what kind of outcome are campaigners hoping for? >> we want a court decision that, starting next year, the air in stuttgart has to fulfill european legislation for health, and therefore it is necessary that there is a diesel a.m.. so,

this morning, a court ruled that the state government has plans to clean the air in stuttgart do not go far enough. the state government has to act now and impose bans as of january 1, 2018. i'm confident the people of stuttgart who have found their voice and taken to the streets will find appropriate ways to get the state to stick to the promises it made earlier this year. the court said banning older diesel vehicles would be the most effective and in fact the only way to improve the air ality in stuttgart as fast as possible, but it is still up to the state government to actually declare such a ban. we have to study the court ruling carefully. it is a complex matter. we have to take a very close look before any such measures are taken. the court also said that upgrading older model diesel vehicles would not by itself be enough to meet eu limits on emissions. >> north korea has fired another ballistic missile according to the u.s. and japanese governments. japan says the missile appears to have landed in its own territorial waters. tokyo's chief cabinet secretary says north korean m

talks about banning diesel from auto cities like stuttgart and munich.s completely. i am sure the political climate is not going to allow that to go beyond talks, but it is possible in other countries the you can see it actually happened, so the demand for electric cars is going to be much higher. you are going to see a lot more people come out, like gm has, with true competitors to this chevy volt.ike the a benchmark, though. 310 miles, the range. benchmark, down as a i think, is absolutely sensational. that is the big issue a lot of people have. if you can get the range up to that kind of distance, i think that is a real step forward for this industry. matt: absolutely. that works out to about $140 range-mile, which makes it the cheapest range-mile available right now. is a closeolt second. so all be interesting to see who else starts to match up those numbers. coming up next, is "bloomberg surveillance." guy and i will be going on to london vab. ♪ >> hsbc shares surge. see progress in europe. russia retaliates. putin reacts to u.s. sanctions. what wil

the stuttgart-based inquiry adding investigations into ofmer german states, one out the was arrestedest buy fell after amazon introduced a service that eek squadd its g business. it is designed to help customers install and configure internet connected products. it accounts for 5% of revenue at best buy. shares have been up 36% before monday's tumble. now amazon has its own air force to help with what is expected to be the biggest sales they ever, boeing 767's through partnerships with atlas air and atsg. >> you probably know the boxes. there's probably a pile weeding for you when you get home, but amazon prime air, that's the thing, 24 planes in and amazon fleet running cargo from particular destinations. it is really interesting. they don't own the planes. you can see it is operated by atlas air, one of the two ,,rtnerships, the other atsg that amazon has crafted and help them do what they couldn't do with anyone else. >> there are a lot of moving parts, and we found a couple of great partners, and we have worked with them and we have a great half ford. it fits the company and work

minister of says he also thinks that diesel can be viable and the question here is whether or not stuttgartill make diesel illegal. there is a lot of market moving and going on today as well. that's take a look at you saw futures, there was a lot of movement. take a look at the bunds, this is a three-day chart of the bund trade. we had a dramatic increase in bund yields as investors were selling off those bunds. they are still hanging at the levels that we saw them reach yesterday. 0.55 on the german bunds. manus: that car story will be so prescient through the next number of days. let's have a look at gmm because it encapsulates a couple of egg names. story, thee aussie aussie dollar down by .6 if percent. this is the rba governor saying it is better the currency was lower, we do not need to follow the pack, that seems see -- to be the sentiment coming from the aussies. also keep an i on the south weakening. a slightly better bid to the dollar. we are waiting for the fomc, that meeting and their announcement will come later on this evening. the dollar is up a squidge. is down by an eighth

stuttgart is -- one of the cities talking about a ban stu.urer like volvo coming out in saying they will shift toward electric. clearly that is a trend, we are moving toward electric vehicles. it is a question of time, how long the transition will take place. then you have the bmw's eeo saying diesel has to be part of the answer in this transitional phase. bit of aere's a distance to go before week all go electric. thanks for joining us early this morning, chad thomas in berlin. anna: remember if you're a bloomberg customer, you can watch the show using the tv function. you also get access to all the charts, the summaries of what the guests are telling us and the opportunity to put questions to the guests and asked questions, that's at the bottom of the screen. the second earnings season gets underway, europe is the locus. we will tell you the segments that are hot and which are not. this is bloomberg. ♪ anna: welcome back, everybody. s&p futures a little higher at the start of trading in new york . lots to talk about on the corporate fr