u. s. auto calendar. well, it was, it was a bit of a struggle to make that decision, but you know, i, i was cashed in my 41 k should say i made a commitment to come to phoenix to see my philadelphia eagles just now. 2023 may be remembered as the gear that electric vehicles go mainstream, at least in north america. dozens of new e v models will be available, but it's the choice from companies like the big 3 us car manufacturers that are turning heads. john henry has been to the chicago auto show. well, check out the options. the era of the gas guzzler is nearly over. this is just an interesting industry where it is kind of like the moment between horse on carriages and roughly 30 new electric vehicles are coming out in the next year. some being introduced to the public at the chicago auto show, the largest in the u. s. the year that we're going to start seeing from electric vehicles being sold in segments that americans in particular want to buy things like inexpensive crossovers, things like pickup trucks

u. s. economy. sales jumping 3 percent from december as auto dealers, department stores and restaurants all recorded strong turnover. it's the largest month to month game for us retail since 2021. and is expected to add to pressure on the u. s. federal reserve to continue raising interest rates as it fights inflation over dns quarter in new york for more now years. correct me if i'm wrong, but i thought the point of all these interest rate hikes we've seen was to dampen demand. what's going on here? where else even, but the timing is sir king. right. i mean the problem is sir, was though the interest rate increases its had a lagging effect to take some time so that those higher interest rates work through the economy. i mean, we also see that was the labor markets. i mean, the interest rate increases were supposed to cool down the labor market. but the last reading that we got was actually the best since may of 1960 in hopkins. so obviously that hasn't done the trick quite yet, but it's definitely interesting to see a december was such a disappointment when actually sales in the retail sector droppe

u. s. com makers of gearing up for stronger showing in 2023. the chicago auto show is offering a glimpse of upcoming models. so hendrick got a sneak preview of what's in store. ah, the post pandemic era auto industry is back and it's transformed more than the new 2024 models. wow. what is it the way the start rewarding, the chicago auto show the largest in the u. s. rebs. back to life after 2 years of smaller shows and outdoor tracks were finally back to our pre kobe levels, with 2 halls here. we've got almost all the manufacturers returning. there's a lot more cars on the show floor. there's really cool things like airplanes on the show floor as well. the pandemic put kinks in the parts supply chain reduced inventories and drove the cost of used cars to record prices. now inventories are up and prices. well, maybe not. all. prices are down. dealerships are adjusting to a new pare down era with smaller lots and bigger online orders and a widely expected increase in sales. the demand for new cars, the demand actually get in them and actually, ah, kicks and tires

the un office that verified that footage as authentic health express deep concern with auto on the program. the u. s. lapse new sanctions on iran targeting fuel and het true chemical sol to asia. but say it won't be taking action against the india for buying russian oil. we could live reaction not coming up and brussels is struggling to trace frozen russian.

the chicago auto show, the largest in the u. s. rebs. back to life after 2 years of smaller shows and outdoor tracks were finally back to our pre coven levels. with 2 halls here. we've got almost all the manufacturers returning. there's a lot more cars on the show floor. there's really cool things like airplanes on the show floor as well. the pandemic put kinks in the parts supply chain reduced inventories and drove the cost of used cars to record prices. now inventories are up and prices. well, maybe not. all. prices are down. dealerships are adjusting to a new pair down arrow with smaller lots and bigger online orders and a widely expected increase in sales. the demand for new cars, the demand actually get in them and actually, ah, text tires, test drives never really went away. people always did still want to buy cars during the pandemic buy to. they couldn't make sure they weren't any available now, but their production started to come back. now the sales are starting to come back . auto shows are starting to come back as well. the s

u. s. experienced and unexpected balance and retail spending in january sales, john 3 percent from december as auto dealers, department stores and restaurants all recorded strong turnover. it's the largest month to month gain since 2021, and is expected to add to pressure on the fad to keep raising interest rates as it fights inflation. world bank chief a david malpass says he will step down as head of the development lender nearly a year early. he was appointed to the role in 2019. when donald trump was president . recently mel path has come up against calls to step down for is inadequate approach to the climate crisis. next up are reality check. an augmented reality check. that is german start up, kick fell, says it's using a new technology to make augmented reality. reality feel like a real encounter. we take a look through their so called wonder data glasses to southern german city of calls rule a young start up with a lot of money and 3 founders with big plans. there are 2 so called holiday acts here. they connect colleagues as if they were in one room with the green party that glows like that

u. s. car manufacturers that are turning heads. so henderson has been to the chicago auto show to check out the options the era of the gas guzzler is nearly over. this is just an interesting industry where it is kind of like the moment between horse drawn carriage and roughly 30 new electric vehicles are coming out in the next year. some being introduced to the public at the chicago auto show, the largest in the us, the year that we're going to start seeing from electric vehicles being sold in segments that americans in particular want to buy things like inexpensive crossovers, things like pickup trucks. and we're going to see some inexpensive electric vehicles as well later on this year that really start bringing that electric vehicle to the masses. there plug in trucks like the 2023 ford, maverick priced for a broad market. it just over $20000.00. 100 is expanding its offerings of electric, s u v. 's and sedans like the new 2024. i onyx 6 that can recharge nearly as fast as gasoline models take to fill are trying to make an experience a charge and be like pumping gas in

u. s. house financial services committee says washington is devoted to pre market at the same time branding china risk to america's economic leadership with . and so what's foster into a busy and enlightening day here at auto international. it's great to have your company. we do start this out with breaking years as an american award winning journalist out of seymour hersh has revealed a u. s. norwegian operation to attack russian gas pipelines while planning the attack. as we understand, for 9 months since 2021 by this decision to sabotage the pipelines came after more than 9 months of highly secret back and forth debate inside washington's national security community. about how to best achieve that goal. for much of that time, the issue wasn't whether to do the mission, but how to get it done with no overt clue as to who was responsible. so i was done more now with a spray. can you story or not international were in a cause or ever joining me here in the studio or this? i mean, this is big marino. just if you would just bring us the details of what you know so far. it seems i'm ceylon covering the details and trying to track as well, with some of the things that were reported on earlier regarding how the

u. s . government. she ever tenancy al jazeera washington. the 1st big us kasha of 2023 is underway. it is the chicago auto show and it is the largest car expo in north america, the 1st help way back in one, no one electric calls the all the focus of this year's event. let's go to chicago with john hendrick is joining his life. so john, tell us more about what's happening. well, you see back on that wall there, those are the old gas guzzling petrol powered cars. and this year what's happening is more and more cars here at a chicago waters. you are electric and they're not just the high end ones like the tesla. they're becoming more democratic in the sense that they go from pickups, which. busy price as low as $20000.00, which is relatively cheap for an electric vehicle. on up to a brand new hor vet, hybrid that goes for substantially more than that. this is a key a v 6 wind car. just one example of the more than 30 that are being introduced this year. and over here you've got people who are actually trying to test that very car out on this screen. and we're hearing new cars being introduced a lot of electr