he said the plant will not cut toyota's u.s. workforce and that they are looking forward to cooperating with the trump administration. toyota's president, akio toyoda said he has no plans to review the project for the time being. >> translator: we have to take responsibility for employment and the local society. >> toyoda said he wants to contribute to mexican society. japanese automakers consider mexico an important base for reaching the u.s. market, because under the north american free trade agreement, tariffs are not imposed on automobiles exported from mexico to the u.s. in addition to toyota, five other japanese automakers are plants in the country, they are nissan, honda, mazda, and their combined production of automobiles, in mexico, excluding large buses and trucks exceeded 1.3 million units in 2015. that same figure was only 610,000 in 2010. mexico is now the sixth largeth production base after japan, the u.s., chosen, india and thailand. executives at japanese companies are reacting to trump's tweet. >> it's too early

well, it's toyota's turn, i guess.nese automaker the target of president-elect trump's tweets. we'll have details on what this trend means for the entire automotive section here. >> retail wreckage. the holidays didn't turn out for so many apparel makers. we first brought you the news on macy's and kohl's.

he's now going after toyota motor. we have who is saying what. give us the details. >> toyota has been planning for a few years to build a new factory in mexico. on thursday, trump criticized that plan tweeting that toyota should be slapped with heavy taxes if the factory is actually built. that is because he doesn't want toyota to make cars in mexico if they are to be sold in the u.s. his twitter message reads, toyota motor says will build a new plant in baja, mexico to build corolla cars for u.s. no way. build in u.s. or pay big border tax. trump is calling for a review of the north american free trade agreement or nafta. he said the move is needed to protect u.s. jobs. he warns he will impose a 35% tariff on products made overseas by u.s. companies. following the tweet officials at toyota have told nhk that the plant in mexico will be a flu facility and not a relocation from the u.s. they say the plant will not cut toyota's u.s. production or work force. the officials say the automaker has ten plants and 136,000 workers in the u.s. they added

toyota is at the bottom importing 47,000 vehicles. take a look at shares of toyota. the impact following the tweet, you see it right there on the chart. guys, we're noticing this impact. there's always the initial selloff and then it kind of comes back a little bit. it's not as dramatic as we've seen these tweets over the last couple of weeks. one last staff for you guys. we just ransom numbers. 1.98 million vehicles imported from mexican auto plants last year. vehicles sold in the united states. guess how many were imported from auto plants in canada sold in the united states? 1.96 million. not quite as many as mexico, but real close. >> yeah. i can already hear though the trump camp's response to the toyota response. toyota said the production of that new plant doesn't mean a reduction in employment in the united states but mr. trump's camp is going to say, we don't care about that. we want to see an increase in production and employment here in the united states, right? >> reporter: correct. correct. there's the pull on this whole thing. the automakers when they a

he threatened to tax toyota because of plans to manufacture overseas writing toyota motors said it willew plant in baja, mexico to build corolla cars for u.s. no way. build plant in u.s. or pay big border tax. japanese officials said toyota is an important corporate citizen of the u.s. stressing the contribution of japanese companies to u.s. employment. earlier in the week trump went after general motors for importing from mexico to the u.s. and said he was pleased to announce that ford canceled a planned new plant in mexico. shares of toyota did drop on the tweet sharply. they fell overnight in japan. other japanese automakers also fell in sympathy. the automakers front and center now, catching the ire of the president-elect. >> as we said earlier, the difference with this one -- it's a for win company. that will spark more retaliation than -- >> cross-country. and more talk of this border tax. is this a threat? is this the opening negotiation tactic on twitter or something that investors and analysts and economists will have to start to factor in amid all of those beneficial policies

toyota says no jobs in the u.s. will be lost. in the final employment report is released in just a few hours. the december jobs numbers will wrap up the performance under eight years of president obama. for the month of common economist forecast to 4.7%. while those will those numbers do the trick. and take the dow industrial to 20,000. down futures are down 11. they are eyeing another record close up one and a half points. lord, after day one of the consumer electronics show in vegas here are five gadgets that may make you say wow. how may people do you know with a cracked smart phone screen. this is just for them. the invisible shield screen is so tough it can withstand being smashed by humor. and want to actually experience what your drone is seen now you can with epson mauve area. the glasses can i drones to show you what the drone is seen. they also have a pair for augmented reality. virtual reality gets even better with these issues that promise more realistic gameplay. e cost othese kicks anywhere from it thousand to $1,50

has been critical of toyota, general motors.america from mexico. in billy macri has been pretty front foot on how he campaigned. he can affect things in real—time. campaigned. he can affect things in real-time. people voted, or the election gave us a different type of president and that is what people seemed to want. he's doing that. a notion that the president of the united states tweeting policy in real—time, which as you say, have these huge effects on very large companies' share price has come is a new way of operating. will it continue after his inauguration on january the 20th? we will see, but at the moment campaigning donald trump and president—elect trump is pretty similar. the chief economist of the banker links —— bank of england says predicting the future is hard? yes, michael fish said in 1987 he didn't believe a hurricane was on its way, 2a hours before one of the most devastating hurricane to hit the south east and caused millions of devastation. the chief economist of the bank of england has said, we also sometim

shares of japanese car maker toyota are down1.5% shares of japanese car maker toyota are down 1.5% right after tumbling 3% earlier this morning. this comes after president—elect donald trump tweeted that if toyota goes ahead with plans to build a new plant in mexico, especially for its corolla car model, instead of the us, then it faces a big border tax when it ships cars north. toyota announced in april that it would build a $1 billion macro —— carolla factory in mexico. i asked if there had been any reaction to that latest tweet. toyota was quick to respond to the latest tweet by the president—elect and they said quickly in a statement that they employ someone and 36,000 people here in the united states and that the production in the united states would not be impacted by this facility that they are planning to build in mexico. they also talked about just how many build in mexico. they also talked aboutjust how many millions of dollars of us investment that the company brings here, so it was really quick to talk about its achievements in the us and offcourse that it achievements in the

boeing, ford, lockheed martin, gm, now toyota. tweet. , it will build a new plant in baja, mexico, to build cars with u.s. says, build a plant in the u.s. or pay a big border tax. we do not know how much that taxes, look at the share price, you see the power of a tweet. on the order of more than $1.25 billion, down 7/10 of a percent and closed in the u.s. about 6/10 of 1%. toyota came out with a defense saying that production lumes or employment in the u.s. will not be increased aa relt of .ur new plant in mexico for now, toyota will still move ahead with its mexico plant to make the corollas. that was first announced in april of 2015, two-year's ago or so, you program a couple of months ago in november. in that statement, toyota try to burnish its credit with the u.s. and really with trump saying we have done so much with the u.s., 20 $2 billion in direct investment in the u.s. and 10 manufacturing facilities. 1500 dealerships and employing 36,000 people. toyota also said they politely look forward to working with the trump admin

toyota. am jen is soaring.waiting for that stock to reopen any minute now we'll have all those details and those developing stories ahead. stay tuned. thisr ho tchf the caom esreng aware foioout er nfd, dieyoor esrs, akack k ks thf the caom eat&tsn.wacae nono & &ik foioout er did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. . >>> welcome back to "fast money." trump targeting another auto maker today toyota sending that stock lower. phil? >> he did it the way he does it so often with a tweet. this time donald trump tweeting that when it comes to toyota and where it manufacturers in mexico, he specifically saying toyota motors said it will build a new plant in baja,

also coming up, mr trump locks horns with toyota over plans to build a new car plant in mexico.ut first we start with samsung. in the last few hours south korean tech giant has said it's on track for the best quarterly profits in more than three years. it's a major boost for the company after the exploding smartphone scandal that put a serious dent in its reputation. let's give you the numbers. in the three months to the end of december, samsung is forecasting profits of $7.8 billion. that's up by half on the same period last year, much better than expected and the best quarter since mid—2013. that might come as a surprise as we know samsung was forced to scrap its top of the range phone, the galaxy note 7, after a spate of exploding batteries. hugely embarrassing, and hugely expensive. it has warned the scandal sent more than $5 billion of profit up in smoke. so why is it doing so well? in a word, components. samsung makes chips and screens for the whole tech industry. samsung hasn't revealed the details but it's thought to have been the best quarter ever for its semiconductor

toyota respondiÓ a trump a travÉs de las redes sociales.nta al sur de guanajuato. >> esperamos la llegada de 50 nuevas empresas. reportera: a pesar de la amenaza toyota dice que seguirÁ con los planes de negocio en mÉxico. eros segÚn este analista mÉxico debe estar alerta ante los embates del futuro presidente de estados unidos. >> es totalmente impredecible. reportera: hace unos dÍas acusÓ ayer en las motos de aplicarle grandes impuestos si trasladaba una planta de producciÓn a potosÍ mÉxico. luis videgaray fue nombrado para relaciones exteriores. que dice que estÁ dispuesto a trabajar para superar las adversidades que enfrenta el paÍs. >> vengo a aprender de ustedes. a hacer equipo con ustedes en un equipo en que mÉxico nos necesita a todos mÁs que nunca. el reto es enorme. las amenazas ahÍ estÁn. reportera: esto podrÍa ser una proa de fuego para luis videgaray, recientemente nombrado canciller. el gobierno mexicano no ha dado a conocer una estrategia para contener estas acciones, hasta el momento. fÉlix: las declaraciones de una sobreviv

volkswagen has overtaken toyota to become the world's best—selling car—maker — recapturing the positioneld in 2015. and this is where the markets are, they are all down, and we will explain why shortly. and cleaning up. we'll be getting the inside track on how cleaning windows and houses, doing the gardening and pet care has become big business. and what do you make of vw moving swiftly into the fast lane and unseating toyota as the world's biggest seller of cars — what is your car of choice? let us know. just use the hashtag #bbcbizlive. welcome to the programme. president trump is standing firm on his ban on immigration from seven countries — iran, iraq, libya, somalia, sudan, syria and yemen. he's also denying the measures are targeting muslims. the leaders of many global business have been swift to react — the technology firms among the first to speak out. google says it will take legal action to protect its employees. it's urging staff who could be caught up in the ban not to leave the us and has more than 100 staff affected by the order. the head of tesla, elon musk, says the ban

reportera: dijo en twitter: " toyota ha sido una gran empresa".eron la primera piedra en el estado de guanajuato al centro del paÍs. >> esperamos la llegada de aproximadamente 50 nuevas empresas. a pesar de la amenaza idiota asegura que -- toyota asegura que seguirÁ con sus planes de construcciÓn en mÉxico. >> aquÍ no nos podemos confiar, donald trump es un personaje impredecible. reportera: hace tan sÓlo dos dÍas amenazÓ ayer general motors con impuestos si traslada su producciÓn al estado de san luis potosÍ, en mÉxico. esto fue a unas horas de que se nombrara a luis videgaray de relaciones exteriores. estÁ dispuesto a trabajar para superar las adversidades que enfrenta el paÍs. >> vengo a aprender de ustedes. vengo a hacer equipo con ustedes. en un momento en que mÉxico no necesita a todos mÁs que nunca el reto es enorme, las amenazas ahÍ estÁn. reportera: esta serÁ una prueba de fuego para el reciÉn nombrado canciller luis videgaray. hasta ahora el gobierno mexicano no ha logrado una estrategia para estas acciones. marÍa elena: el presidente el

toyota latest to come under a tweet storm by president-elect trump. toyota was a positive tweet.ou showed us most recent tweet. toyota had professional, dare i say classy response. let me read you a bit of that. toyota says with more than $21.9 billion in direct investment in the u.s., 10 manufacturing facilities, 1500 dealerships and 136,000 employees, toyota looks forward to collaborating with the trump administration. news from toyota having knockdown effect on other carmakers, ford off 2%. gm off 3%. just yesterday we got better than expected december auto sales from both of those companies. ford in fact was supposed to post a sales decline. it gained, why else, the popularity of that f-150 pickup series. send it back to you, liz. liz: lori, thank you. the reason i look a little discombobulated because we have this breaking news. senate foreign relations committee right now behind closed doors at this hour. they're holding a hearing on administration response to alleged russian hacking and harrassment of u.s. diplomats. just hours after the director of national intelligence,

breaking news on toyota.ying motors will build a new plant in baja, mexico to build corolla parts for u.s. no way. the plants in u.s. or pay big border tax. these are the japanese shares of toyota. you see the drop off in the adr's of toyota, don .4%. it's unclear what this will bring. .4%.wn i'm also taking a look at the mexican peso. one of the places we have watched for reaction to commentary like this. the dollar taking a lake up leg up the peso -- against the peso. the mixconcerns about can economy if more automakers decided to move manufacturing away. we will bring you any potential response from toyota when we do get it. vonnie: the president-elect tweeting and investors may not like what he said. at the fence stocks, next. at thefense -- a look fence stocks, next. this is boomer. ♪ defense stocks, next. this is bloomberg. ♪ david: this is "bloomberg markets." vonnie: we want to recap that donald trump has been tweeting commencing ifrs toyota thinks it will build a plant in baja to build corolla's, thi

toyota president met pence earlier this month. japanese automakers are concerned about pressure from the u.s. trump criticized japan on monday for engaging in trade practices he claims are unfair to u.s. automakers. >>> now let's turn to markets. trump took action on some controversial oil pipelines that he said would create a lot of jobs. the gains on wall street reversed some of the recent decline fs in the dollar. the nikkei is up 1.4%. 19,0 19,053. inverss a investors are buying shares across the board. the dollar halted its recent decline and has gone up a touch against the yen. right now it's at 113.66. we will track that for you throughout the day. parliaments approval was needed br starti before starting britain's exit negotiation. moving onto markets open this hour in the asia pacific. we're seeing gains elsewhere. seoul's kospi up about a .1 of percent. clie that mark china markets will open in less than half an hour. >>> chile is inviting others to explore a transpacific partnership without the united states. the foreig

lou: tonight, president-elect taking aim at another car manufacturer this time toyota, tweets, toyota we'll build a new plant in baja mexico to build corola cars, no way, build in u.s. or pay big border tax. looking at american export, cars to japan we send 19,000. 1.5 come into u.s. each year, trade deficit with japan 69 billion. joining me, newly named opinion editor of washington type, charlie, congratulations. >> thank you, lou. lou: delight to have you here. >> thank you. lou: president-elect is not messing around going after toyota. and appropriately so. in line with all he promised in the campaign, and against everything that we know now does not work for this economy. which is more trade deficit. >> yeah. it is incredible, for last 8 years we listened to a guy who used the presidential bully pulpit to apologize for america and talk about how terrible america is and point out america's problems and dump all over americans and be disappointed in america. this is so refreshing, not even president yet, and already using bully pulpit, he has not gotten to the full pull fipulpit. he

japanese auto giant toyota will spend billions in the u.s. following criticism by president-elect donald trump. >>> and looking ahead. thousands of people in japan acelebrating the start of their adult lives this week after making the country's coming of age day. >>> japan's top diplomats to south korea have briefed prime minister shinzo abe on a diplomatic row. they were temporarily recalled in protest over a statue outside the japanese consulate general in pusan. the figure symbolizes people referred to as comfort women. abe recalled the ambassador along with the japanese consul general to pusan. he heard from them tuesday on seoul's response to the issue. japanese government officials have been calling on south korea to remove the statue. they say it runs counter to a 2015 bilateral agreement. the agreement states that south korea will strive to resolve the conflict over a similar statue in front of the japanese embassy in seoul. japan's chief cabinet secretary yoshihide suga told reporters south korea has said that there's no change to it

executives at toyotas say it will to upgrade and create 400 more jobs. it is part of their plan to invest $10 billion in the country over the next five years. toyota officials say it is part of the strategy to build vehicles where they are sold. more than 400,000 vehicles rolled off the plant lines last year, the biggest number in 20 year history. donald trump criticized toyota's lan to build in mexico before his inauguration. the car maker executives stressed they are contributing through investment and employment. indiana is where u.s. vice president mike pence used to be governor. japanese auto makers are concerned about pressure from the u.s. on monday trump criticized japan for engaging the trade practices he claims run fair to american auto makers. >>> trump has been meeting with the trumps of the big three american automakers. he told them to do their part to create jobs in the u.s. >> it is the long-term jobs we are looking for. we are bringing manufacturing back to the united states, reducing taxes substantially and reducing unnecessary regulati

toyota being maybe punished with border taxes or import taxes. toyota getting hit. japanese counterparts also getting hit on the nikkei. the kospi got a lift from samsung today, which issued its q4 guidance which was much better than expected. they said operating profits for q4 may be 50% higher than last year. the benchmark ended up flat. the share market there seemed to shrug off the news that the australian economy is in a trade surplus because of rising commodity prices. the nifty has dipped down a quarter percent. it's the i.t. sector under pressure as a news report has come out that two congressmen in the u.s. may be revisiting a bill to current h 1b visas in the u.s. back to you. >>> let's talk about samsung. they expect the fourth quarter to the most profitable in three years. the south korean electronic s giant estimates its operating profit rose 50% year on year with the components business driving growth. this despite the massive recall of the galaxy 7 smartphone over fire damage. let's go to arjun kharpal. how can they pull this off given the demise over

he added some 136,000 people across the country are on toyota's payroll. the president of honda motor addressed his company's manufacturing plants. >> translator: we intend to maintain our production in mexico for now. we will wait for the president-elect's policies to become clear before reviewing our plans. >> he stressed honda's contribution to the u.s. economy. noted that honda was the first japanese automaker to manufacture its vehicles in the country. >>> japanese firm has announced a major acquisition. officials say they will purchase all outstanding shares bringing the u.s. firm under their wing. it's been developing new medicines to advance the treatment of rare forms of leukemia, lung cancer as well as other cancers. they've been focusing on cancer and neurological diseases. it's a unique opportunity to will help advance the company's priorities. >>> u.s. media outlets are reporting that the federal bureau of investigation arrested an executive of vo voeks wagon. various media reported on monday that authorities arrested oliver schmidt. they admi

first board, the president-elect taking aim at toyota.telligence officials doubling down that russia hacked the election. our next guest says he is sure russia had no hand in getting trump elected. the loaded -- low-budget commercial you want to watch forever. >> black cats. your mother has fallen, and is going to the hospital... don't wait for that fall! half of all falls happen at home! poor vision and poor lighting double the risk of falling. 70% of older adults hospitalized after a fall can no longer live independently but things are about to change... introducing the stridelight® ultrabright walking cane, the world's most illuminating cane- the only walking cane designed by doctors to reduce the risk of falls. the military-grade led shines bright, intense, clear light exactly where you need it- in a wide arc around your feet and walking area to reduce the risk of injury from falling in the dark. the stridelight ultrabright walking cane was designed for use in low lighting to reduce the risk of falling over steps, curbs, rugs and even

to me that's the story here. >> now it's toyota's turn. the president-elect going after the big japanese auto manufacturer for building a plant or wanting to in mexico. get ready. this gets interesting. >> all right. i know you had seen this video. it's very disturbing. the bigger issue here. besides the fact that it's been called a hate crime by chicago authorities, people were witnessing this live about 30 minutes. 30 minutes live watching this. cyber security analysts robert ciliano joins us. when i was looking at the prior facebook-related incidents that have popped up, four of them in the last six or seven months, one involving a woman's boyfriend that was shot and killed, again, live-streamed, another committed suicide live streamed and i can go on and on. this keeps happening. what do you make of it? >> so facebook has a report link that is designed to thwart or interrupt these types of broadcasts. in this particular situation, you had friends and family of the perpetrators that were not hitting that. they essentially were watching

the latest tweet about toyota.a motor said we'll build a new plant in baja, mexico, to build corolla cars for u.s. no way, build a plant in u.s. or pay big border tax. we should point out that toyota announcement, the announcement was actually made back in september. look at the stock value of toyota right now based on that one tweet that donald trump just posted. >> toyota, meet lockheed, meet boeing, meet the other companies that donald trump has singled out on the issue, not just of moving jobs overseas but perhaps bloated government contracts and so forth. the question is whether you'll see toyota respond in kind. the other thing as we get more of these and dig deeper into the real deal with these, the question is whether or not, we'll see what happens with toyota, but in the case of ford, whether they were already planning to move some of the jobs back to the united states and just decided to give donald trump credit because that's good politics. >> big issue for donald trump? >> and it almost doesn't matter w

observers say toyota aims to set an international standard. well, this week, experts are giving us their outlooks for the global economy. today, a distinguished academic tells us about prospects for china. dean of the university of institute for contemporary china studies governs policy and one of the members who drafted the country's current five-year plan. he told nhk world what kinds of growth can be expected this year. >> reporter: with similar measures in place, he says that growth is not the most important case in the economy. >> we expect china's economic growth rate for 2017 will be 6.5% or higher. most likely, between 6.5 and 6.7, which i think is sufficient. i'm more focused on what i call three major efficiencies rather than the growth rate. the first is the economic efficiency, which is to see whether our labor productivity has increased and whether consumption is boosting the economy. the second is social efficiency, to see if more jobs have been created which lead to social stability. the third one auto ecological and environment

. ♪ ♪ ♪ [beeping] ♪ the 2017 rav4 with toyota safety sense, standard. toyota. let's go places.h. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. >>> a pile of twisted >>> a pile of twisted sheet metal was left behind but no one was seriously hurt when a passenger train smashed a truck saturday near salt lake city. a police dash cam recorded the moment of impact. investigators want to know why the crossing gate and signals did not activate until 40 seconds after the crash. >>> a george orwell classic has become a modern-day hit. the "los angeles times" reports that two city officers who killed a black man in 2014 will not face criminal charges. the district attorney said an officer fired in self-defense because ezell ford was trying to grab his gun. ford's parents sued the city and reached a tentative deal late last year. >>> and "m-live" in michigan sate there's a mixed message about the water quality in

or pay big border tax toyota responding saying in part toyota has been part of the cultural fabric in.s. nearly 60 years production volume or employment in the u.s. will not increase as a result of our new plant in guadalajara mexico, toyota looks for ward to collaborating with trump administration, third serve in best interests of consumers and industry japan defending -- a few days ago that ford revealed plans that it scrapped plan to build that 1. -billion-dollar small car factory in mexico, so trump is winning auto makers over but toyota might be another story. >> he is but we really need to focus on is one of two things, need to happen if they start to add jobs or expanded operations here, either profits need to increase or prices of the cars need to increase, because it is simple economics, with what is happening, they are producing lower cost cars, for consumers so think about corolla a lower price point if they have to make that here price of the car needs to go up, so less affordable, or toyota needs to take it on chin not get profits i think interesting to note because we've

hear his threat now against toyota. from twitter. and breaking news from the case of four people seen on video torturing a man with special needs and shouting "f trump." those details ahead. >>> breaking news here on cnn. thanks for being with me. in chicago, four young adults are being charged with hate crimes over a vicious attack that was live streamed on facebook. we'll play you a portion but just a warning. what you're about to see is beyond disturbing. it shows an 18-year-old man with special needs, he is bound, his mouth taped shut, cowhering in the corner of this room. his attacks are two men and two women are laughing and shouting profanities about white people and donald trump while kicking and punching this victim for 30 minutes. at one point his scalp is slashed with a blade. ryan young is on this for us in chicago. you know, seeing that video, i didn't even have words for it. tell me about these charges and what police are saying. >> i've seen this video over and over and every time i see it or hear it, the hearing it re

toyota exports cars from the u.s. to other countries. clearly talking about that border tax, donald trump is really drawing a line here in the sand. if you make something overseas and you are an american company and you sell it in the u.s. and make it overseas, he wants you to pay a bore aftder tax on it. >>> more than 150 companies hold debt in donald trump's companies. they hold $1 billion in debt in trump companies. bigger than the financial disclosure he submitted in may. the journal says the $1 billion figure includes bonds that trump's companies sold which were repackaged forms of debt he owes. wells fargo owns $14 million of trump debt. as president, trump will oversee the justice department. no comment from the presidential transition team. >>> very difficult to ans cea s tax. >> what is the retaliation. does that raise prices? >>> four suspectis appear in a chicago courtroom after the gruesome beating of the special needs teenager streamed live online. one suspect, jordan hill, was friends with the victim. the victim's family is

by the way, when you look at toyota itself, just 47,000 vehicles were built by toyota in mexico and soldu.s. last year. but their operations in canada led to them importing 528,000 vehicles from canada. yesterday in response to the president-elect, toyota said production volume or employment in the u.s. will not decrease as a result of our new plant in guanajuato, mexico, announced in april of 2015. guys, this is not the end of the trump tweets regarding the automakers. next week is the detroit auto show. we're going to talk with the head of toyota north america regarding what the company's going to do. it is planning on building that plant. they say they need that extra capacity. well, what's going to happen now? are you going to change your plans? ford has already changed its plans. there are a lot of automakers who currently have sites under construction or in the planning process in mexico. guys, 7 million vehicles imported into the u.s. from all around the world last year were sold here. there's a lot of demand that would have to change if the tax situation changes. >> do you think

market develops this year, that will determine if volkswagen manages to keep ahead of toyota or if toyotaeclaim the global crown. guy: we will leave you there. thank you for joining us on the vw story. a couple things i want to bring you. decent move in the dollar-lira cross rate. the other thing i want to mention is you are about to get a whole host of the original data on the cpi front out from germany. larry summers is going to be joining the u.s. daybreak team later on. this is bloomberg. ♪ francine: the backlash of president trump's administration crackdown. a global response from heads of state and business leaders. european markets strengthen amid a flight to safety. how do unpredictable actions from the president of the united states affect investment decisions? an outsider wins the french socialist nomination,

toyota motor announced a $10 billion investment in the u.s. over the next five years after sharp criticism from president-elect donald trump of building a new plantmexico. makiko, good to see you. >> thank you, yes. the announcement was made on monday by toyota's president at the north american international auto show in detroit. the firm came under fire from president-elect trump last week for building a new plant in mexico, who threatened to impos. for toyota, the amount wasn't a surprise and the investment was largely expected. it was expected because the bulk of it will be spent on setting up production facilities in the u.s. to handle vehicles produced on a new platform. part of the funds will go towards a new company headquarters being built in texas. as well as research in developing artificial intelligence. the announcement is seen as a move to highlight the firm's contribution to the u.s. economy, but there are no specifics as to how it will lead to creating more job and whether it will appease the incoming president has yet to be see

marÍa: la compaÑía automotriz toyota defendiÓ su can de invertir millones de dÓlares, en mÉxico.idos. ♪ ♪ ♪ >> esto es contacto deportivo. bienvenidos al fascinante mundo de los deportes. el tiempo cada vez se le hace menos a luis enrique en barcelona, los catalanes tropezaron en copa del rey, en lo que fue su primera presentaciÓn el aÑo ante un atlÉtico, tÍtulo intenso. el arbitraje matÓ al barcelona. seÑor golazo de williams. aparecÍa ese gol de messi, tiro libre que mÁs tarde el portero reclamarÍa. marcador final ganÓ el atlÉtico, dos a uno. segÚn el diario del equipo de la aspirina estarÍa vendiendo al delantero mexicano, por egoÍsta falta de actitud y compromiso con sus compaÑeros. en equipo que tenga interÉs en el jugador deberÁ pagar 25 millones de euros. el partido que se roba las miradas es pumas visitando a chivas. en la mÁquina de la cruz azul presentaron sus nuevos refuerzos. cuando se le preguntÓ si siente la presiÓn de llegar a un equipo con sed de ganar un tÍtulo. >> el tema de los 20 aÑos, no nos incumbe a ninguno de nosotros. porque es un tema que ya pasÓ, que no

top executives from ford and toyota. --nie: abigail little abigail doolittle is here with us. >> we have the dow and s&p trading down. the nasdaq is slightly in the green. helping the nasdaq today is technology. this is the top sector within the s&p 500 index. worst sector in helping explain why the dow and s&p are lower, energy. this is the big drag. we see what is behind this decline in the energy sector. snapping a three-day winning streak, some of this could be speculation on drilling activity. something that some investors and strategists thought could happen for some time. we are looking at a small risk off for the financial markets. the gauge showing there is a little less complacency. theave the dollar versus yen. themele bit of a risk off . it did not happen on friday. to thatcame close marketing. the factresting is technician on friday afternoon told bloomberg news he thinks the dow will not hit 20,000. mark: we will see if he is correct. volatility fell here for five consecutive days. the stoxx 600 is down. is

. >>> also, taking over toyota. the japanese carmaker is no longer number one when it comes to car sales. >>> and we're continuing to follow that mosque shooting in quebec. what our terrorist expert says about possible motives. expert says about possible motives. (boy) grandpa, look what i got! (woman) oh dad, wait 'till you see the bike we got for jake. (narrator) hearing loss happens gradually with age... making it easy to ignore. yet most older americans aren't getting their hearing tested. untreated hearing loss can keep your loved ones from enjoying what they cherish most. (woman) dad, can you hear me? (narrator) don't let that happen. speak up about hearing loss. you'll be glad you did. >>> there is a new phone scam to warn you about this morning, and it's based on just one word. >> yeah, the manner in which you answer your phone could determine whether you become a victim. here's abc's gloria rivera. >> can you hear me okay? >> reporter: the new warning about a scam hooking consumers with one word. when mary

today, toyota was the target.w car plant it is making is not built in the us. if you want a measure of the importance of his tweets, the share price of toyota went down. it recovered but it shows the impact he is having. chief executives and people who have shares in these companies want to know what the president is saying because it may affect the value of their shares. 0ne shares. one of them is sa naa them is sanaa the same joins us from new york. this is an existing app and it is adding a new feature. new york. this is an existing app and it is adding a new featurem will be available on the app store and they say that as soon as the president elect mentions a company, and we've seen it happening with toyota and in the past when he talks about lockheed martin or boeing, we've seen a big impact on their share price. this app will give you real time information about stocks that you own with regards to comments by the president—elect. for example, today if you own shares in toyota, you would have had an alert sa

his tutor attack against toyota was the first time he had targeted a foreign carmaker. is due tonomy chump inherent in just a few weeks time is continuing on a broadly positive trajectory, firing in the tepid month of december. that brought the overall unemployment rate up slightly. up.ially wage growth picked that brings the yearly increase to two point 9%, the best performance since 2009. that is a sign economic growth is starting to benefit american workers. that jobs report has been getting a boost to the markets. wall street is trading firmly in the green. nasdaq after its record close. that is up three quarters of 1%. it has been hovering under that mark. we will keep an eye on that over the last hour of trading on wall street. the european market covering with slight gains across the board. the seventh session in a row. thehe chief economist of bank of england has likened the the forecasting wrong. economic predictors were to some degree in crisis after the financial meltdown and brexit vote. a forecast of an economic hurricane as deep a to leave the eu. >> we ha

just toyota.ans are considering a border tax which is the equivalent of a 20% to 5% on everything coming into this country. they should put that aside. punishing american consumers is not the way to go. i think you will get a pushback from the car companies, and oil refiner are up in arms because they import oil to make gasoline. if you want to advocate 20 to 30 cents more for gasoline. stuart: a couple stocks, we have news on individual companies. goldman sachs is saying sell proctor and gamble and sell the stock of coka coala. amazon touched $800 a share earlier. this calendar year it pulled back a year but it's still 1,196. apple sold its billionth iphone. gary summers warns of a financial crises. economists on the left say deficits matter again. with the xfinity tv app, anything with a screen is a tv. stream 130 live channels. plus 40,000 on demand tv shows and movies, all on the go. you can even download from your x1 dvr and watch it offline. only xfinity gives you more to stream to any scree

toyota's echo friendly cars and the u.s. market. toshiba has been in trouble since it found itself engulfed in an accounting scandal two years ago. two banks decided to file a damaged suit over the scandal. mitsubishi and it's affiliated firm that manages assets glad to file a joint suit by march. they aim to seek about $9 million in damages. stating that toshiba filed a false financial report. they say prices of toshiba shares drop sharply leading to a decrease in their clients operating assets. officials are refraining from making any comment. the japanese trustee services bank that manages assets of the government pension investment fund already filed a similar suit against toshiba. tokyo stocks ended lower. international criticism over trump's policies weighed on market sentiment. our business reporter has more from the tokokyo stock exchange >> the dollar retreated after trump's immigration ban lead to massive confusion and criticism at home and abroad and the stronger yen sent tokyo shares lower. the nikkei 225 at 19,368. down

japan today defending toyota.rime minister abe's chief cabinet secretary calling the company an important corporate citizen of the u.s. trump also making the front pages in japanese newspapers. this headline says trump tries to smash toyota. the finance minister says it's unclear whether the president has a grasp of how many vehicles toyota builds in the u.s. >> well, i mean, i think that the president-elect has been very tough on ford and on gm, but if you go to the state that i spend my time in mexico in, it is bmw, it is lexus, it is benz. that's who makes them there. they put them on the ksu union pacific. they come up. doesn't matter if they're from the center of mexico or detroit. >> where does all this end, jim? you've made this point many times in terms of what you've seen during your residence in mexico of the growth there. >> yes, very important. >> a lot of the components are manufactured in the u.s., i believe. >> they go back and forth. >> and they go back and forth and back and forth. if you continue