the global chip shortage forcing toyota two/production in september forcing toyota -- forcing toyotaash production. that is coming up. this is bloomberg. ♪ laura: this is "bloomberg markets." you are looking at a live shot of the principal room. coming up, debbie dingell of michigan. this is bloomberg. ♪ >> what we saw a recently is some improvement, but unfortunately in southeast asia, the pandemic surged, and we are seeing an impact on the global industry again. guy: that was the nissan coo talking to bloomberg yesterday. the news overnight out of the auto sector is that toyota has seen shares fall quite significantly after the company cut its september output due to chip shortages. it is projecting a reduction of approximate we 60,000 to 90,000 vehicles in august in north american plants. joining us as bloomberg's craig trudell. my understanding was that toyota was managing this chip crisis really well. in fact, it was outpacing its rivals. is there a connection between we just heard from nissan, now talking about toyota? is this a problem that we are seeing between these two comp

toyota is expected to maintain its profit outlook.issues come from the spread of the delta variant in asia which is hitting their other supply chain issues. that might not impact the european stocks as much. a negative day for autos today. mark: payment processor had earnings out, what is going on there? joe: sales have beaten expectations. they are saying that the trends we saw with people reducing cash payments, they are sticking as we come out of lockdown. some big name clients include uber, lvmh, mcdonald's, so some strong income there. they think people will not go back to the old ways of cash usage in the developed world. there is a big untapped market in the developing markets, in emerging markets or cash is still king, and they have been slow to adopt contactless methods. there is room for companies to grow, and that stocks should be higher today. francine: what about this company that does solutions for communication? basically a tech company. joe: they make hearing aids and headsets used in offices. a lot of companies use th

toyota abr's fell more than 4%.di mentioned the closure of 14 plants across japan next month. ihs coming out and saying global shortages of semiconductors will cut worldwide auto burg -- auto production by as many as 7 million vehicles this year. the lack of chips will not stabilize until the second quarter of next year. we continue to see plant closures in southeast asia given the virus infections there. haidi: i will stick with this big toyota story. toyota has been faring pretty well amid the shortage so far. they are the number one chipmaker. they are known for a resilient supply chain. what has happened? all right, we will try to get more from river a little later. we do not seem to have her at the moment but let's try to get some market reactions because we have seen of course investors taking a look at some of the reaction from supplies, in particular toyota supplies reactions. we know that globally there are 7 million cars meant to be affected in terms of restrained out but -- output is on results of this on

malaysia also has a -- toyota also has a large factory base in thailand.elta variant has caused covid cases to pass by the one million mark. capacity in thailand is 760,000 units a year. so increasingly it is covid and the sub chain that is impacting the best supply chain, that is impacting the production. david: when they teach you how to run a factory, they used to call it the toyota way, to underscore that they do it right. that is the way you reduce your inventory costs and receive your inventory, just in time. the fact that this company is going through these problems, how emblematic is that of -- in other parts of the supply chain, whether you are an automaker or a art's supplier, in terms of them being able to handle supply chain issues? katrina: early on in the crisis, toyota was really lauded for its supply chain savvy. it has a way to monitor its vast network of suppliers, it has an early warning system for shortages. now it is impacting 27 production lines. it really shows that the best laid plans may be considered no match for a pandemic, it is

toyota is down again today. can snarl the world's biggest carmaker, what hope do other carmakers have? we are seeing signs that other carmakers are coming out and morning. bmw said that the global chip shortage may worsen, after it said earlier this year that it had enough semi conductors, and now it has changed its tune. volkswagen also flagging worsening supply woes. daimler dialing back delivery expectations. there was another market report recently that said the time it is taking for chip companies to get orders, fill has stretched to more than 20 weeks, so that indicates the shortages holding back automakers are not getting any better. in fact, they are probably getting worse. dani: katrina, thanks so much. coming up, another risk obsession as growth concerns and chinese curves way on stocks and commodities. we are going to go to mark cranfield from our mliv team. ♪ dani: welcome black to -- welcome back to bloomberg daybreak: europe. european stocks heading for the worst week since february. the delta vari

dani: we could talk toyota all day if we had the time.'t even own one, and i feel like we could still talk about it. next, we will talk about one of the world hottest markets that may have reached its peak -- u.k. house prices, slowing down in july. ♪ (announcer) back pain hurts, and it's frustrating. you can spend thousands on drugs, doctors, devices, and mattresses, and still not get relief. now there's aerotrainer by golo, the ergonomically correct exercise breakthrough that cradles your body so you can stretch and strengthen your core, relieve back pain, and tone your entire body. since i've been using the aerotrainer, my back pain is gone. when you're stretching your lower back on there, there is no better feeling. (announcer) do pelvic tilts for perfect abs and to strengthen your back. do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me, it works 100%. (announcer) think it'll break on you? think again! even a jeep can't burst it. give the aerotrainer a shot. pain and stre

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and some of the bigger makers, toyota, honda.olume. toyota has pulled ahead, notjust because of... box wagon was stunted a little bit because of its very own high standards because of the chip shortage but both are recording strong figures. and recording strong figures. and let's talk about _ let�*s talk about electrification because many governments including the uk have set some quite tricky targets when it comes to elimination of sales of new petrol and diesel cars. absolutely. they are all facing into this massive period of change, all of the carmakers. still enters a couple of weeks ago announced it was investing $30 billion between now and 2025 to go on this journey and to get itself to a point where at least it can be competitive. the money is being spent on five battery plants that it needs to build in order to power its cars in the future. it is moving its brands progressively between now and 2030 to be fully electric brands. including 0pel and vauxhall. you start to be able to see the challenges they are facing, but of

toyota. let's go places. this isn't just a walk up the stairs.regular heartbeat, it's more. it's dignity. the freedom to go where you want, knowing your doctor can watch over your heart. ♪ >>> here's a look >>> here's a look at today's forecast in some cities around the country. >>> comedian kathy griffin revealed she has lung cancer. the 60-year-old made the announcement on social media yesterday. she said her cancer was caught early and confined to her left lung. she will undergo surgery and he she'll be up and running in about a month. >>> on the "cbs moneywatch" now, fast food giant wants you to a mask in covid hot spots and disneyland is set to announce a new membership program. elise preston is at the new york stock exchange with those stories and more. good morning, elise. >> reporter: good morning, anne-marie. more second quarter earnings reports are due out today, including from eli lilly, marriott and under armour. so far earnings reports have been strong with the average s&p 500 company reporting an 85% growth in profits from last year

you just saw the headlines about toyota.y just before the close of the japanese market, there was a headline that toyota was chopping the japanese market. we got red across the board in asia, so you can tell that europe is going to inherit an extremely sour mood, and there does not appear to be anything much on the horizon to shake them out of it. manus: and that is quite a profound call. we could be looking at a minsky moment in these markets. we are going to struggle at the open, certainly in the commodity -heavy london index. all the big oil trading there, shell and bp as well. dani: you see european futures already off by about 9%. that is it for us. european open up next. ♪ so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps co

emily: toyota executive vice president of sales, bob carter there., to get ahead of the next ransomware attack, microsoft is in boston in a software startup to help customers recover their data. i will be joined by the ceo of the startup, and microsoft director for an exclusive interview,. this is bloomberg. ♪ emily: welcome back to "bloomberg technology." i am emily chang in san francisco. softbank offer to sell $2.2 billion of its stake in the company. this according to a source that says the deal was done through goldman sachs. turning this is ed ludlow. doordash reported a pretty strong quarter. does this have to do with doordash, or softbank trying to address some of its own losses? ed: great question. the shares opposed of the biggest drop since early june. when you see a trade like that, the psychology of the market comes into play. it is also just an issue of market mechanics. you flood the market with supply when you sell that many shares. as you say, the story of doordash has been strong. they have had staying power throughout the pandemic.

down three, phil lebeau has more on it for us. >> hey, carl, and an announcement coming from toyota saying they will be cutting their production in august between 60 and 90,000 vehicles we don't know the exact percentage but that's a huge cut for production here in august in north america. toyota motor corporation, tmc out of japan will be cutting production about 40% according to records in ceseptember, so wt you're seeing is because of the global chip shortage, it's finally catching up with toyota. remember, early on there were a number of stories written about the fact that following the fukushima earthquake and tsunami, there was a new mandate in japanese business that you have to have enough inventory in case something like that would ever happen again, and so they had enough chips in their inventory to weather the storm much better than their competitors, whether it be general motors, ford, volkswagen, you name the company around the world well, it appears that it's finally catching up. you can only use your inventory for so long, guys, before the tight supply of chips worldwi

abc 7 sports presented by your local toyota dealers..r.: much more to come on abc 7 news at 11:00. tv legend ed as an has died. we look back at his storied career. in the latest on the covid pandemic. dr. fauci's plea for people to get it's time for the biggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night. it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven quality night's sleep we've ever made. don't miss our weekend special where all smart beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 60 months. ends monday. boost and cricket charge you more for unlimited 5g. metro doesn't. introducing the big 5g upgrade. just twenty-five bucks a month gets you unlimited 5g and a free 5g s

toyota says is planned to make 900000 cars. next month has been reduced 254-0000 german ca make an audi also announced it is extending some holidays for $10000.00 work because due to a cut in production, a comic has including volkswagen, general motors and ford have also warned they might be forced to reduce output further. so what's the big deal with that? semi conductors while the global check mark is worth about 5 trillion dollars, according to forbes magazine, that's 5 times larger than what it was in 2016. the chips are used in a huge range of industries, electronics, medicine, and even refrigerators. you can't drive a modern car without them just one vehicle uses roughly 3000. the 3 main global players able to manufacture the most advanced me conductors r t s m. c of taiwan, samsung of south korea. and intel. the united states will learn, fix is an automotive analyst, and the owner of automotive aspects of consultancy, providing insult insights on the car industry. she joins us via skype now from buffalo in new york. than

toyota says it's planned to make 900000 times. next month has been reduced 254-0000 german comic or audi also announced its extending summer holidays 410000 workers due to a cut in production. both saga and general motors and ford have also warranted, they might be forced to reduce output even more. so when to send me the conductors matter so much what the global chip market is with 5 trillion dollars according to forms, that's 5 times larger than in 2016 chips are all vital to almost all the industries which used electronics from hospitals to aircraft. you can drive a modern car without them, that's $3000.00 chips and an average vehicle. the 3 main chip makers, r t s m. c, taiwan, samsung of south korea. and intel in the united states. origin parks, a political economist and incoming phone, global fellow at princeton university, and she's joining us live on skype from. so it's good to have you with us. what is the connection between covered 19 and the manufacturing of chips and the making of cars? so auto, auto related conductors

we have reporting from japan along with toyota.hares of this company fell in seoul along with asian game stocks. check out the kiwi dollar firming up after we saw the jobs report from new zealand surprising to the upside with the unemployment rate falling for the second quarter, likely affirming rate hike debts. and check out the offshore u.n. holding. this is despite the slump we saw despite revelatory concerns. -- regulatory concerns. over at bloomberg intelligence, you have tom orlik saying that china's delta variant is weighing on the economic outlook for the country. and over at the markets team, they are illustrating some speculation that could show how asian central banks made a late rate hikes. bets are picking up that central banks may ease in the coming months on that delta risk. we are seeing chinese swap rates fall as we are seeing indicators to the economy weaken. manufacturing activity has slowed. haidi: an exclusive interview with someone who has helped organize 12 olympic games. a guest from the ioc joins us to disc

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affected, 80000 fewer toyotas will be made next month as a result of that.icles for sale right now is a reflection of all of this, two years ago 3.1 million vehicles were for sale in the month of july, this year less than a million, it is scarce out there in the number of vehicles sullied in ten days or less, a couple years ago is 26%, just a quarter now, now 45% almost half stay on the dealer lot less than ten days. pretty crazy it's going to get worse according to the market i say from the report low vaccination rates and rising rates of infection in southeast asia are prompting shut down of the plants that make these computer chips that everybody needs, but what does scarcity breed and breed higher profits, the average profits for a dealer, what does my dealer make on the vehicle i bought, usually around two grand obviously varies by vehicle, the averages over four grand for the dealers and the automakers are doing well, you take a look at today's trading, mixed today but on the year 46%, gm up 6% year to date, you don't have to sell a lot of cars to make

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what would that be like operating a huge sportsbook and sports bar inside the toyota center and i can'tets on the houston rockets, just like i can't take bets in vegas or in new jersey or in michigan or anywhere we go for a couple of years, i couldn't take one on an nba team our shareholder was at a disadvantage, not being able to bet on a huge brand like the houston rockets. it's another reason that it's better for the golden nugget online customer to be part of draftkings and their great team because you can't even bet on the houston rockets because i own it >> tilman, i presume that you proceed with this merger knowing full well that draftkings has been under a federal investigation pertaining to the acquisition of sb tech which wau have no worries about that being a fly in the ointment, to use a cliche >> absolutely not. those ar anies and the i've beeembarrassing in this coy what people will say to drive a stock down and when you have a high flier that's been as successful as draftkings, they come after them like crazy i can remember when i took my company public first in 1993 and

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toyota. let's go places. >>> it's 7:26.ies and the city of berkeley will require masks inside due to spiking coronavirus cases. while the masks are back on there will be no capacity limitations like earlier in the pandemic. >>> less than a week into the new school year, eight of 11 schools in the brentwood union school district have had positive coronavirus cases. the superintendent said that none of the positive cases were contracted at a brentwood school. >>> and marin may require proof of vaccination for all public school employees. that type of mandate is already in place at some of their private schools. it could be announced as soon as today. >>> and taking a look at the roadways if you are getting ready to head out the door we are seeing a couple hot spots, especially as you work along 101 near lincoln. it is a couple of cars on the shoulder but that ride a busy one. speeds down to nine miles an hour. bay bridge metering lights are on and it's busy. it's back to beyond that # 880 overpass and the travel times along h

>>> sports on abc7news is sponsored by your local toyota dealers. >>> the giants used in nearly everyer the trade deadline to work a deal to wire chris bryant. based on day one they look like a perfect match. the four-time all-star and all-r rookie of e ye grted t fansrigh as he walked on the field he dons a new uniform and the fans gave him a in his first at-bat and then he would deliver later with a home run. he talked about a crazy hours. >> you hear a team like the giants and you are like yeah, that is a team that i want to play for. that is a team that i want to win a championship with, that i want to form a relationship with's and i want to be here and help this team and do all i can. it has been fun. yeah, it is a battle that lengthens our group and makes our bench better and makes it more difficult to get through the top of the lineup. >> going from one franchise to another i feel super grateful and i don't know why i deserve this, but it has been really cool for me to experience this so far. >> the 49ers have their season deoit, anpo e stant nuin any teucns. george could almo

toyota intended to build 900,000 vehicles in september.ws 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm laura wright. this is bloomberg. ♪ ♪ >> is going to be very difficult for the fed because they want to project certainty, or they want to project calm that we've got this figured out, where inflation is going to go, it's going to be transitory. the fact is they don't know, we don't know. inflation is a very difficult thing to get your head around and a very difficult thing to understand. jonathan: always brilliant to catch up with jim bianco of bianco research. good morning. alongside tom keene and lisa abramowicz, i'm jonathan ferro. here's the state of play this morning. waking up to a softer market, -0.7% on the s&p, with yields lower three basis points to 1.2283%. crude down for a sixth straight session to $63.31. the many why -- there are many whys. the realization that the fed is tapering, the chinese and capitalistic regulations, the red sox co

. ♪ announcer: sports on abc 7 is sponsored by your local toyota dealers.the giants and a's met at the coliseum for the final time in the regular season. last year, oakland had two late game winning homers at oracle. this year, the giants returned the favor. fans are fired up for the finale. the a's strike first. mark canha to right. tony kim wheeling around. 1-0 a's. frankie mann toss dealing. nine strikeouts in seven innings. 105 total pitches. top, a.j. pollock in relief. donovan solano with a two run pinch hit homerun. bottom nine, jake mcgee. a tying run on second. the giants win 2-1, bay bridge trophy. >> it feels pretty much like a playoff series. a sold-out crowd, everyone is into it. homers on back-to-back nights. >> they did the same thing to us this year that we did to them last year. it is kind of insane to think about how that happened two years in a row. >> to th -- chris: from the bea l.a. sofi stadium will host the super bowl, but tonight it hosted a preseason game. kyle shanahan talking to his starting cornerback, jimmy garoppolo. he spent

a good example is toyota.hey have penetrated the auto market in europe more than before, because they are such incredibly efficient cars. there are a lot of opportunities for growth abroad, as well as some trends to mystically, as well as outsourcing. shery: it's also surprising for me how india has managed to become the biggest gain or among major markets, surpassing i think the gains in the topics -- in taiwan and korea as well. what is happening there? are we pass covid? guest: india is not past covid from a disease standpoint, but has managed to keep the economy going. selected lockdowns, continuing to produce its goods, have people back at work. the economy that has been rising rapidly since the shutdown is still growing nicely, with very little -- due to the delta variant. shery: tell us a little bit about south korea and taiwan. they are very exposed to the chip related outflows. are they going to come back? guest: taiwan and south korea are really key in the u.s.-china technology competition. they prod

toyota, one of the largest manufacturers on the planet have just announced in the last 24 hours they'reting global production in september by 40% now they had expected 900,000 vehicles to be made. now only 540,000 some of the other massive titles in the industry exactly the same problem. so very difficult getting your new car if you've ordered it it's going to be a much longer wait another story for you. now onlyfans which is a website which has been built on modeling they are phasing out, they say, sexually explicit content. this is apparently to appease their financial backers and the banks. but the question is what is explicit imagery and what constitutes nudity as well this is a huge website it's got 130 million users, 2 million creators, and $5 billion that has been paid out to performers over the last year or so so a huge amount of money going to performers who just don't know where they're to be able to apply their trade, so to speak phillip, have a good day and a good weekend and i'll see you next week. bunehey're the ones who built the siss and made them that big. >>> coming up

toyota re slashing his global. com production by 40 percent next month. it's just the latest call, make it to run out of micro chips because of a pandemic. the problem is now being felt by consumers as well, or by mommy reports. if you're heading to a dealership to buy a car, you may be in 1st shock. latonia sell people, increasing costs above advertised prices, but many of the parking lots have been left nearly empty. that filter a global chip shortage lead to a full in production, and that's due to the pandemic. social distancing measures and shops, towns have affected factory output and fluids supply chains. with each call using about $3000.00 chips. it's not possible to drive without them. the connection between coven, i seen, and the 2nd of the shortage is that within the foundries of production lines, that there are infections clusters or large scale infection in areas in countries where there are not enough access to back being or destination rate itself is very low. to contain the earth and then to resume the production, it's copied, coughing, del

a misstep by toyota, but then toyota quickly corrected itself. >> that's exactly right lawrence., they're much of it fed by the rights. attacking the ceos as woke wimp's. somehow suggesting it's empty pr, and sadly some on the left, they're also falling into that trap of suspecting these business leaders are cynical inches doing it for pr value. in fact 85% of them have held to their commitments, and some of those, who unfortunately made pledges and then it looks like they were back is just a flow of money across january 60, so that explains some of those 15%, and like you said some like toyota got caught and re-nagging, in turn back around when they were held accountable to it. so it's remarkable. it's remarkable that thousands have made their employers, and enabled millions of workers, first time in american history to have any time off to go to the polls. and to work as volunteers. to support at risk volunteer poll workers and things, it is a very important time, and seeing why ceos are seen as the most trusted sources of authority in american society right now. which is quite

the world's biggest. com a toyota, is cutting its worldwide production by 40 percent next month. because the virus surgeon agents created a shortage microchips, other call me because of also one they might be forced to further reduce output or burden money reports. if you're heading to a dealership to buy a car, you may be in 1st shock, latonia, sell people, increasing costs above advertised prices. but many of the parking lots had been left nearly empty. that fell through a global chip shortage lead to a full in production. and that's due to the pandemic social distancing measures and shops, towns of effective factory output and slowed supply chains. with each car using about $3000.00 tips. it's not possible to drive without them. the connection between coven, i seen, and the conductor shortage is that within the foundries of production lines, that there are infection clusters or large scale infection in areas in countries where there are not enough access to that being or that nation rate itself is very low to contain the earth and then to resume the production it's coffee, cof

the world's biggest car maker, toyota, is cutting its worldwide production. by 40 percent of the corona, virus surgeon, asia worsens. a global shortage of microchips, toyota says it's planned to make 900000 because next month has been reduced 254-0000 german comic or audi also knows it's extending some holidays 410000 workers due to accounting production, volkswagen general motors, and for to also warrant, they might be forced to reduce output even more. so why does that make conductors matter so much with the global chip market is worth 5 trillion dollars according to forms. that's 5 times larger than in 2016 chips, almost vital to almost all the industries which use electronics from hospitals to aircraft. you can't drive a modern car without them that are about 3000 ships in an average vehicle. the 3 main chip makers, r t. s. m. c of taiwan some, some of south korea and intel in the united states. lauren fix is the owner of automotive aspects. it's a consultancy providing insight into the car industry. she explains how the manufacturers can get a run to glo

and so that's how this said toyota was tipped. everybody in that toyota is okay. it does appear that all of the signals, the train signals the train tracks signals they're all operating correctly. and this is the 3rd train versus car accident in this area just this year. >> advice is always you know, you got to look both directions, turn the radio down. listening here for trains coming. but if the crossing arms are down, don't ever try to beat train. i'm down for a reason. >> the investigation is still ongoing in the family is hoping that video cameras on the train will help reveal exactly how this accident happened. >> drought conditions are so dire in santa clara county milpitas is now limiting how often you can water your yard coming up in a live report will show you some really devastating photos that really put it into ♪ ♪ fall together with lowe's. labor day values now in-store and online. lowe's. home to any budget. home to any possibility. scoot over. squeeze in. pull up a chair. ♪ because life's just better when you believe “there's always room for one mo

police say he was driving east around 3.15 this morning when his toyota prius collided with an suv that going south and seminary avenue. investigators say the toyota then hit a building before coming to a stop which you can see here in this citizen video, emergency crews say the driver was dead by the time they got to the scene. the 20 year-old driver was taken to the hospital in stable condition. san jose police tonight are looking for a driver in deadly overnight hit and run crash in the south bay. >> it happened early this morning on rigoletto lane and brahms avenue. the crash. now the city's 40th fatal traffic crash of 2021. it's also the 17th time a pedestrian has been killed in a traffic crash in san jose in 2021 tonight. police say they are looking for the driver of a four-door acura car. investigators say it will likely have front end damage. >> now to our afghanistan evacuation coverage as the u.s. continues to evacuate american citizens and afghan allies from the country. the president did say today that august 31st deadline could be extended. those comments coming from presid

toyota says it's planned to make 900000 calls. next month has been reduced to $540000.00 german cars, like an audi also announced its extending some holidays 410000 workers due to a cotton production call makers including volkswagen, general motors and ford have also warms they might be forced to reduce out that even further so it's been a deal about semiconductors or the global chip market. it's worth 5 trillion dollars. that's according to forbes. that's 5 times larger than what it was in 2016 . the chimps are used in the huge range of industries, electronics, medicine, and even refrigerators. you can't drive a modern car without them just one vehicle uses roughly 3000 of them. the 3 main global players able to manufacture the most advanced semi conductors r t s m c of ty, one samsung of south korea, and intel of the united states. low and fix is the owner of automotive aspects, a consultancy providing insights on the car industry. she explains how manufacturers can get around the global chip shortage. the only way out of it at

the, well, the biggest call maker toyota is cutting as well. what production by 40 percent, as the crone of our search in asia worse and the global shortage of microchips, toys. he says it's planned to make 900000 cars. next month has be reduced 254-0000 german comic an audi also announced it's extending some holidays for $10000.00 workers. true to cotton production call makers including volkswagen general motions and ford of also want they might be forced to reduce output even further. so once they deal about semi conductive, well, the global chip market is worth 5 trillion dollars according to forms 5 times larger than what it was in 2016, the chips, a huge, a huge range of industries, electronics, medicine, and even refrigerators. you can't drive a modern car without them just one vehicle uses roughly 3000 of them. the 3 main global players able to manufacture the most advancing conduct is r t s m c of taiwan. some song of south korea and intel of the united states. lauren fix is the owner of automotive aspects, a consultancy providing insig

toyota says it's planned to make 900000 cars. next month has been reduced to $540000.00 german coming out. he has also announced its extending summer holidays 410000 workers due to a cotton production. those are the headlines. the news continues here. and all to 0, also inside story scene half an hour of life. ah, [000:00:00;00] ah, al jazeera, ever down to the thousands of afghans have been scrambling at cobble the airport to flee. afghanistan and european countries are worried about influx the people at their border. so are they facing a refugee crisis, and what can be done to help those who fled their home? this is inside story. ah, ah. hello and welcome to the program. i'm a hammer, jim, john. thousands of afghans have been trying to leave their country after the taliban takeover, and that's raising concerns about a mass of refugees trying to enter europe and other countries. the taller bonds leaders have promised and received a former african army soldiers, as well as contractors and translators, who worked for international

toyota is slashing output due to the global chip crisis.e will hear from the toyota vice president of sales next. this is bloomberg. ♪ >> we believe the worst is passed. >> it is very fluid. >> this will run into 2022. >> the chip shortage has an effect on capacity. the actions have been taken by our suppliers and this will also go away. >> we think we will probably be into it mid-22 before we start to see supplies renowned. >> we have seen shortages compared to our initial plans. emily: this is front of mind for carmakers and investors. the crunch is a big reason that the auto company has cut production for the month of august. it is also facing other supply chain issues for southeast asia and europe. carter spoke earlier with my colleagues guy johnson and alex. >> we have the supply chain disruption very well over the next four months to six months. due to disruptions we are seeing that may have to announce overnight during the month of august between the 60000 and 90,000 units. this is far beyond microchips. we are seeing a wide range of

pickup truck to a toyota -- >> and women are going to be treated well. >> absolutely insulting. >> iremind our viewers we kicked off with a new report the us drone strike killed on isis k planner, their headquarters aware isis k operates. one planner was killed along with an associate, no civilian attacks, and over the horizon drone strike from us forces. as far as what relationship the taliban and isis k have really matters to me, the next steps talking about the taliban relying on the taliban for the livelihoods of 5000 americans at the airfield yet they have to decide how they manager exist alongside isis k. what does that relationship look like going forward. >> it's a complicated relationship. at the end of the day the taliban and isis k have competing visions for the region. >> the taliban is internally focused and isis k is externally focused? >> isis k wants to build the new caliphate. the case stands for khorasan. it is a region, not just the borders of afghanistan but a region they want to build a caliphate into and isis k and the delavan compete for fighters. isis k being

tom: bouncing from toyota back over to china, a shipping port constrained.ou know the shipping cost now out of china, and that folds into china as the global thermometer here. jonathan: it comes back to the market by us, delayed, not derailed. new data of renaissance my -- neil dutta will join us to talk about that. that q3 forecast is followed by a q4 upgrade because any people believe anything you take away from q3, you get back in q4. that is the conversation we need to have about this economy. tom: i have trouble with the quarter to quarter parlour game. we have to stay away from the shock of afghanistan. delta is the new factor in this. jonathan: one case, new zealand. a handful of cases, china. both on the demand side and the supply side as well. tom: swiss franc and euro under 1.17. jon mentioned oil. i am just going to mention the vix, 24.40. jonathan: euro-dollar, $1.16 handle. down a little more than 0.1%. equities, there's your pullback, your drawdown. we are down by 0.9%. down 1% on the s&p, about 42 points. tom: for those of you looking at it th

anne: toyota did quite well but the shortage outlived everyone.e playbook in terms of inventory and how long they were able to last for they saw the impact. automotive caught them by surprise a little bit with just how sensitive the supply chain was to the growing demands and a lot of this is not just automotive demands but it is applying to so many different industries. the same semiconductor set of manufacturing fads is not only feeding automotive, consumers, but everyone's man has gone up. adding the supply will take time and money. people putting that to work today both at the lagging edge which is important for automotive's and pc's and servers as well as the bleeding edge of technology which is important for our cloud infrastructure, 5g, and latest pc's as well. this will not be the last time we hear about shortages in our semiconductors supply chain. >> now we are seeing government understand that securing these trips is a matter of private security. who needs to take the lead? anne: i think governments will have an important role to play,

auto sectors down 2.7% we got interesting news from toyota and volkswagen.ota announcing it will have to cut production by 40% in september due to combination of the chip shortage and the covid-19 situation volkswagen may need to cut production, but hopes bottlenecks will ease by year end. the chip shortage continuing to affect auto production brian, luxury names are selling heavy selling. nearly 8%. on pace for the worst trading day since 2020 the lvmh trading 5.3% down this morning. one of the most beloved stocks we are seeing heavy selling in europe, brian. >> a lot of the luxury retailers. all down big time. a lot of red on the screen julianna, thank you. >>> rising covid concerns are playing a role in what is happening with stocks. as new cases roll over in florida, they are popping in new york and d.c. and new england. now the biden administration talking about the booster shots. we have bertha coombs with that and more on headlines. >> reporter: brian, it is not a surprise, people anticipated this it is moving quickly the biden administration and u.s.

toyota's takamoto katsuta had a lucky escape after crashing during stage ten of rally belgium, the forceese driver's car. his british team mate elfyn evans is lying third overall, 42 seconds off the lead. england have edged into a 27 run lead after the third day of the second test against india at lords. ajoe root batting masterclass again the reason why. for the second successive match he hit a hundred but wickets fell around him late into the day as england slipped from 341—5 to 391 all out. stuart pollitt reports. when england's batting is in trouble — as it often is — there's usually one way out of it. relying onjoe root — the captain's century in the first test saved his team — another half century here. with root regularly resolute, the other end has been the path of least resistance for opposition bowlers. not today — jonny bairstow battling to a half century in support of his skipper. england through to lunch without losing a wicket. no wonder the champagne corks were popping. bairstow departed soon after for 57, but root remained — a quick single taking him to a second successiv

toyota's takamoto katsuta had a lucky escape after crashing during stage ten of rally belgium.iver's car. his british team mate elvin evans is lying third overall 42 seconds off the lead. a week after claiming his first motogp win from pole at the styrian grand prixjorge martin is looking to repeat the feat. the spanish rider set a new lap record at the red bull ring as he claimed pole again for the austrian grand prix. england have edged into the lead on the third day of the second test against india at lords. ajoe root batting masterclass again the reason why. for the second successive match he hit a hundred, unbeaten on 180 but wickets have been falling around him, england slipping from 341—5 to 391 all out. stuart pollitt reports. when england's batting is in trouble — as it often is — there's usually one way out of it. relying onjoe root — the captain's century in the first test saved his team — another half century here. with root regularly resolute — the other end has been the path of least resistance for opposition bowlers. not today, jonny bairstow battling to a half c

toyota motor said they were cutting production by 40% because of supply chain disruptions, the chip shortage. do we see a pickup in layoffs as a result of the increase in the delta variant as the result of the supply chain disruption? people expect those jobless claims to continue to decline and they continue in claims. do we see any upside surprise, the ron kind, as we see the delta variant start to take hold? also today, all day, tesla is having artificial intelligence day, awkward timing given u.s. officials are doing an investigation into their autonomous technology. or will there -- at 10:00 a.m., u.s. supply leading economic indicator index. the interesting thing to me is how much do we see some of the issues bleed into consumer confidence? how much are people getting ahead of that michigan survey that's really shook a lot of people in the market last friday? jon: thank you. we have to process so many things this morning. i wonder if you can reconcile these two things. delta threats to growth and the fed tapering, can you have the latter without the former? tom: i think the over analys

a man who was hit in the silver toyota right there was sped his wife and two children were also in thatcar but did not suffer major injuries. the two suspects in the black honda were also hospitalized. deputies say the suspect ran the stolen car into a patrol car and kept driving, then ran a red light and smashed into a toyota. they have not announced charges so far. attacks on asian americans have increased across the country, many of them here in the bay area. the assault, robbery and biting of a woman is sounding the alarm because of the neighborhood where this happened. you may find -- some of these images disturbing. >> horrible. reporter: these are some of the gruesome reminders a woman identified only as v has from last sunday night. she went out for a run and was unexpectedly attacked. >> i am not the only asian female out by myself in the neighborhood. reporter: the incident happening in an even more unexpected neighborhood. >> if i'm not safe in pacific heights, i'm not sure where safe. reporter: when she reached the corner of fillmore and california, young man jumped out of a

de una joven valiente se sobrepuso a las presiones y ademÁs al bullying al grado que la compaÑÍa toyotapicos uno de sus sueÑos era participar eninal olÍmpico lo logrÓ de aquÍ en adelante todo serÁ ganancia y pase lo que pase alexa moreno ya vale oro para mÉxico noticias telemundo >>>a serÍa advertencia de los cdc en la batalla contra el coronavirus es mÁs que evidente asÍ estÁbamos fecha que fijÓ el presidente biden para lograr la vacuna del 70% de la poblaÓn >>> vean como estamos hoy los 50 estados reportan algÚn tipo de aumento en contagios despuÉs de varias semanas en donde el ritmo de vacunaciÓn se redujo y la variante delta entonces se propagÓ entonces de hecho la administraciÓn biden estÁ dejando la puerta abierta. >> la preocupaciÓn sobre el virus estarÍa despertando un mayor ierÉs todavÍa en vacunarse erika flores nos informa >>> el regresoe las mascarillas para ya los vacunados podrÍa anunciar por la cuarta ola de la pandemia con toda probilidad respondiÓ el presidente biden su expresiÓn con documentose cdc advertir que delta era mÁs contagiosa y pueden transmitir el virus incl

toyota this week, i was really surprised by that. they managed it really well so far. now being affected. alix: what surprised me is the market was so surprised by that. i understand they were able to manage it, but the fact that they stock got hit so hard is this disruption and the length of it isn't yet priced and. it will -- priced in. it will definitely have bill effects, particularly for the tax -- have ripple effects, particularly for the dax. guy: i thought your chart earlier was good on that. the european close is next. ♪ and there you have it- woah. wireless on the most reliable network nationwide. wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. guy: we are wrapping up the worst week since february with a positive session. the ftse is up, the cac 40 is up, the dax is up. italy fairly quiet. after such

este robot fue su labor animar a los competidores y reemplazar al público el robot desarrollado por toyota leonas argentinas conquistan la plata

pickup to a toyota prius. >> and treat the women well now. the women will be treated well. >> it's insulting. absolutely insulting. >> we kicked off this hour that a drone strike has killed an isis planner. sounds like one planner was killed with an associate in a vehicle. no civilian attacks in what is considered a drone strike from u.s. forces. congressman, back to you. what relationship do the taliban and isis-k have? that matters to me. ultimately the next steps there talking about the taliban, relying on the taliban currently for the livelihoods of 5,000 americans at the air field. yet they have to decide how they manage or exist alongside isis-k. what does that relationship look like going forward? >> it's a complicated relationship. a at the end of the day, they have competing visions for the region. >> break that down for me. is that because you believe the taliban is internally focused and isis-k is externally focused? >> isis-k wants to build their new caliphate. again, the k stands for korizan. it's a region. it's not the just the