volvo first quarter sales numbers out. yes, they did drop by 25% year over year, there are some positive trends to pull out of that with us now, president and ceo of volvo car group worldwide thank you for joining us here. thank you very much. nobody is saying sales are good down 25.5% from may of 2019. it looks like when you dig through the numbers, there are some signs of a relatively faster rebound than some expected is that a fairway to read it >> yes i got the numbers to discuss i was positively surprised especially in the u.s. where we had the strong slow down may figures were a couple a percent lower than would be expected that is positive and china, we knew that there were 20% above last year b in a rather steep acceleration, this continues really the form had come back to recent numbers >> that is amazing about a week ago said sales sold more cars this year than in may last year. i get it one dealer, does not a story make coming back to the show rooms in aggressive numbers mid to later part of the month gave him h

and could you master the safety systems on volvo award winning hybrid x e 40. or the activate the systems they are. be on the safe side of cars and mobility right now on ram. climate change and emissions limits have left their mark on driving for fun. sports cars may pump up the adrenaline but they also pump out pollutants like there's no tomorrow in germany sales are down to around $50000.00 a year. yet s.u.v.s have topped the 1000000 mark in germany even though they're also seen as gas guzzlers and climate killers they're the fastest growing segments of the global car district. sports cars are all about pace passion of the sheer uncompromising thrill of driving nobody but. was the ford mustang is the world's best selling sports who pay the quintessential pony car since its launch in 1964. but porsche 911 is another icon of modern motoring and has sold over a 1000000 units since it 1st hit the roads half a century ago. the 1st porsche was built in 1970 it had just 35 horsepower but thanks to weighing only 585 kilos it could reach 135 kilometers an hour. compan

tends to guzzle the gas but for running errands around town or commuting to work the sleek looking volvo will get you there economically and safely. our cities are failing us. affects us all to piece this all future generations can look forward to i like to have a city where they don't need to worry about the machines and i think what do we do to improve the way we move in our cities for but it's very smart to join us on a journey we're architects engineers and activists face up to the challenges of our future urban mobility. traffic chaos. worldwide every day. there are some 47000000 cars on germany's roads enough for 2 of the 3 adults to be driving at the same time. that's the highest level ever in berlin alone 87000 new cars were registered in 2019 despite growing traffic problems. in a city like public transport with ok bicycle. and we see all the cars next. the universe the boding. the student space we have free public transport and they come by car and i think that's not. all over the world urban traffic pollution is choking us of the air we need to bring. people around the world a

the next five were scoring grants where land rover, volvo, mercedes, and jet you are. >> ben & jerry's says they are stopping paid ads on facebook and instagram beginning july 1. ben & jerry's is doing this as part of the hashtag stop hate for profit campaign. ben & jerry's is asking facebook to crackdown on users who spread hateful and racist commercials to their website. eddie bauer, patagonia, north face and rei are taking part in the boycott. >>> extending the term in san jose could help mayor locarno in office for an extra two years. while expanding his powers. >>> will set you up with a thursday and beyond forecast. coming up next. >>> a bay area sheriff's cadet unexpectedly dies during training. the exercise he was performing when he collapsed and the questions surrounding his death. ♪ here's what we want everyone to do. count all the hugs you haven't given. all the hands you haven't held. all the dinners you didn't share with friends. the trips you haven't taken. keep track of them. each one means one less person vulnerable, one less person exposed, and one step closer to a hea

seven industrial volvo has a two the way it is also. . about this d. about of the comes yes because that fits. what the f first of. session. rescueue suffered a lotot more traffic so about trouble for less simple so. hello and welcome to the- on twenty. my guess today envisions ecology through the lens of profitability really assaulting change is it does stick market opportunity he's a world explorer and the passionate a va tour as well as a doctor and psychiatrist. and inspire near as he calls himself the initiator and chairman of the solar impulse foundationn bethlem peacock welcome to the show thank you for being with us. with pleasure hello hello metal began to you- well known for your achievements their first flilight around the world the plane powered by the sun we go to using a single or fuel and before in a nineteen ninety nine. the firm's revenue brown the world flight in hot air balloon. this r. at when you challenge. i would say yes but sasaving the planet i in the nineteen way. because it was that t they treat beautiful we hav

who will offer redundancy packages to almost $10000.00 star and then in sweden the car maker there volvo does plan to cut more than $4000.00 workers and these are just some of the latest examples so that brings you to the end of this news wrap for this hour you're watching r.t. international good to have a company at the top of the. research . for good. but on the but i'm going to the book that this isn't just. the emotion wanting to. know if you will still be stuck or you muscles from the. music but of course this will. all go to the. compassion. that. we. soldier because off the boots he's wearing. kittredge so so looks like to move the opposing own opinion more than we do in the new i'm going on the show stuck with summarizing the police force send us all that. we go to work so you straight home. is you know media a reflection of reality. in a world transformed. what will make you feel safe. tyson nation full community. are you going the right way or are you being led somewhere. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. o

has also announced it will offer redundancy packages to almost 10000 staff and in sweden carmaker volvo does plan to cut more than 4000 workers and these just some of the latest examples so that brings you to the end of the news for this hour you're watching our international was to have a company more from us at the top of the. the world is driven by a dream shaped by. the jerry thinks. we fear to ask. is you'll be a reflection of reality. in a world transformed. what will make you feel safe. isolation full community. are you going the right way or are you being led. by. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. or inmate in the shallowness. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on i'll show you what's the reason for any type of enhanced u.s. military presence in this area rush up. what is it suddenly about the south china sea the. makes it so that it 11000000000 barrels of oil. take a look at this map who really owns what kind of says no it belongs to us ind

announced who will offer redundancy packages to almost $10000.00 staff and then in sweden the carmaker volvo does plan to cut more than 4000 workers these are just some of the latest examples that brings you up to date they say watching r.t. just going up to 1030 here in moscow or back again at the top there. you cannot be both with me yet you walk. the world is driven by a dream shaped by phone person. no dares thinks. we dare to ask. nuclear power and so become a battleground in the us in vermont people are demanding the shutdown of a local plant from my yankee is right now my focus because it's a very dangerous oh no claire power plant the owner is attempting to run the reactor beyond its operational limit this case just sort of puts a magnifying glass on where's the power in this country where's it going is it moving more towards corporate interests or is it more in the idea of a traditional but just appearing democracies are powerline with the people this case demonstrates that struggle in very real ways our struggle on auty. greetings and sal you taishan. police are losing funding ston

announced it will offer redundancy packages to almost 10000 staff then in sweden the car maker there volvo does plan to cut more than 4000 workers and these are just some of the latest examples so that brings you to the end of this for this hour he watching i think could have a company more from us in 35. international memorial awards has extended its deadline for submissions. all media professionals are eligible whether you are a freelance journalist work for alternative media or a part of a global news platform you can submit your published works in either video format go to award go to r.t. dot com and it until. the world is driven by. one person. thinks. we dare to ask. quest needed national will discover that only when we've been able to molest that solicited it possible to prevent. the regular morgue you're more your partner going to be moving through our. water source i.q. all but us lucifer this pseudo is just that in the gutter at them to fail. it is not my achievement mr davies are 5 you have plans were conceived. and carried out by the people themselves if the power would produc

for more on the state of the auto industry, tune in to "worldwide exchange" for an interview with volvo ceo >>> lvmh is reconsidering the 16.2 billion offer for tiffanys. the board met to discuss whether to proceed with the deal in light of the virus impact and conditions in u.s. markets shares in tiffany sharply lower on the news. tiffany is the one with to watch with shares dropping sharply yesterday. tui has a compensation deal with boeing the travel group said the deal will strengthen liquidity as it reduces head count by 8,000. boeing providing credit for future orders and a two-year delivery shares trading about 7% higher elsewhere in the airline space, lufthansa has posted a net loss of 2.1 billion euros the german airline set a detailed outline for 2020 is still impossible and warned significant decline for the year trading about 3% higher. the main focus has been the major rescue package the biggest since the crisis began in terms of german corporates being bailed out. let's take a look at the broader environment unemployment rate at 6.3 in may gradually exiting the the lockdow

always the same old fights over the same old things as the volvo who's the student on a flag. to find and. in seattle a team of researchers are investigating such conflicts at the god one institute's love lab carrie cole helps couples to better manage their disagreements. the psychologist has helped hundreds of couples and remains convinced that love can last a lifetime. absolutely my parents were married for 15 happy years and my father died and. he was her knight in shining armor and she was his princes that's the way it always was so i do believe in that. i do believe that it's important the way that we speak to people and treat people is very important. lori and jeff have been together for more than 20 years. but they feel that the deep love and passion they once shared has started to fade like to tell you about. for the next 8 hours kerry call will observe laurie and jeff's interactions. with laurie and jeff are being wired up and then they'll have a conversation about a topic that tends to result in a conflict electrodes will record how strongly they react to each other

we've been watching and have the ceos of taylor morrison homes and volvo saying they are seeing fasterovery for home and car sales. trillions of global dollars chasing a smaller and smaller pool of assets look at these two charts the number of stocks, publicly traded companies in america has fallen every year for 20 years right now, there is about half as many publicly traded companies as there were when we started broadcasting business news in 1996 back in the late 90s there was 8,000 companies give or take about 4,000 real public companies. why? meaning you just don't need to go public to get your cash consolidation also taking off to public roles, which means there is a lot less stocks to guy. it is not fewer companies but fewer shares all these buy backs that have taken heat are taking another 20% of available stock, physical stock to buy off the market. fewer companies, fewer stocks. it may not even be the most but when you consider so much talk has been over the last few years and the dollars around the world chasing stocks have only gone up thanks to the central banks and what h

columnist confuses volvo with magical driverless car. people are dying.eath was the death of a man named josh brown. he was driving his tesla and using it on autopilot. we talk about operational domain and all that. the ntsb studied it. they found that calling this thing driverless, autopilot, adding to the problem is the moniker autopilot. joanne susie public may conclude from they need not pay attention the name autopilot that they need not pay attention to the driving task, because the autopilot is doing anything is what people might think. that's exactly what happened. josh brown was not paying attention. he drove over the back end a -- right under the back end of a semi trailer. he shaved off the top of his car and his head. there have been four of these that we know of. one in china. walter wong in california. jeremy banner. also elaine herzberg. she was killed by an uber self-driving test car. the safety driver was paying no attention. these things do not work yet. they are certainly not safe. that is what i have to show you. that is the end of my

the one at the bottom will not be a surprise, mercedes and volvo, audi and coming in 31 out of 31 brandsnot officially ranked they did get answers from about 1300 tesla owners in 35 states based on that jd power says that the initial quality is the worst in the auto industry in terms of problems per 100 vehicles. moi most of the problems have to do with fit and finish, things like wind noise, squeaks and rattles. all of this coming on a day when the national highway traffic safety administration has launched an investigation into what's going on with the touch screens of 63,000 model s's built between 2013 and 2016, a number of owners reporting problems with those touch screens. whether that leads to a recall or a notice from the company remains to be seen as you take a look at shares of tesla once more, remember that next week we'll get the q 2 delivery data from tesla and whether or not they have to alter their guidance for full year deliveries. they are saying they plan to deliver 500,000 vehicles world wide this year though given what we saw with the factories shutting down in april

and they don't wear them because you know they drive volvos an sip chai tea.hey wear them, so i just want to say to people on the mask thing, great, next time you are having an operation, and the surgeon comes in with washed hands and a mask, just be like don't be a pussy, take off that mask and you unwash your hands and you stick your paws in my open gaiping wound. because apparently sanitary conditions are a liberal myth. >> trevor: you know, obviously we knew each other when were you leaving "the daily show," i'm getting into different things, taking time with my family, i will do a movie here or there. it was interesting to see i do a political movie, you made a movie that wasn't just about politics but almost about the game that is beneet politics. i was shocked the first time i went to new hampshire for the primaries. and i was sitting with you know like the aides of these politicians and even the reporters and they were like oh yeah, they hang out, they chat, they go out for drinks afterwards. i was like what do you mean, they hate each other on screen

great jobs, if people control their own lives, a whole large number of people couldn't get that new volvo. they couldn't go off to aspen for their ski trip. there a strong sentiment among the so-called problem-solving class to keep things as they are. we have spent $22 trillion, and all we have done is enriched the problem-solving class, and we have not done the basic kinds of things that would be good for americans. black, white, or brown. >> tucker: i just wonder where the people of goodwill are. i know they are decent people. i drove down my own street in washington, d.c., last week and saw a black lives matter poster right over a range rover and i thought about knocking on the door and saying i get it, you like black lives matter, fine, but maybe we can do something to make the neighborhoods you are concerned about better but it doesn't seem to occur to anybody, does it? >> how about tutoring? how about encouraging math? it is ironic to me that washington, d.c., with one of the poorest populations that happens to be black was leading, rushing to legalize marijuana. marijuana regardles

at the bottom of the list you're looking at premium brands, mercedes, volvo, audi and land rover. again, land rover dead last among those looking at initial quality. then there is tesla. it is not officially ranked by j.d. power, but they heard back from about 1800 owners, about 90 days, those owners based on what they say it has the worst initial quality according to j.d. power they complain about the fit and finish not a surprise if you go on any of these owner westbound sites, they'll be saying, i took delivery of a model s or model 3, and something is wrong with it all of this comes on a days when an investigation has been opened up into 13 to 16 models for tesla. not a good day for tesla >>> take a look at the airline stocks they're all under pressure because of the quarantine news out of new york city american, delta and united all went down. and then even for southwest, jetblue -- jetblue has big exposure in the northeast, as well as alaska, they're under pressure as well, because you will have a real hard time as an airline instrument i if you start putting certain states

flames and smoke quickly spread from the upper floors of the building right on park volvo boulevard.e nfl plans to resume off- season practices next month. yesterday the nfl sent out a memo on how the teams can open their practices and the major topics involve physical distancing, cleaning the facilities and the equipment, preparing food and also print personal protective equipment. any business that can be done remotely will continue and the 49ers have to get the approval of santa clara county before their players can come back. >> are commute commences to work collaboratively with you to make sure that we are putting the health and safety of our players, employees, fans and the greater community first. we will have in place an infectious disease prep on steam. we imagine testing of our essential football staff on a regular basis. >> anyone going into the practice facilities will undergo daily screening and test thing and you have to wear a face mask inside at all times. and when out on the field, there'll be no group bigger than 60 people. those facilities will be changed to allow

and that could signal a change and wakeup call, so many competitors like volvo, bmw, mercedes that areoming out with sweeping electric lines of their own. we will keep you posted on that. >>> by the way, the guy behind that is elon musk, the same guy behind the private return to space. remember when he with his dragon mission got doug hurley and bob behnken into space. there was a good deal of attention to how they got to the international space station but they are there now. i had a clahance to catch up wi them especially on what this mission means right now and how they are doing. take a look. commander hurley, i will begin with you. how are you feeling? >> we are feeling pretty good. both bob and i have exceeded our longest time on space station as far as our shuttle missions go. i think the longest we were ever docked to station was on the order of 12 days. so we have been here longer than that already and kind of settling in, getting our microgravity legs, so to speak, and trying to help chris manage the space station. it's a huge undertaking to try to keep it maintained, keep it

europe is literally collapsing despite the fact you don't have the small fully ev crossovers from bmw, volvoedes if you look at 1q where they reported a small profit of 60 million, 354 million of that were regulatory credits that effectively sunset either at the end of this year or best case for tesla, middle of next year that would mean they were reporting a loss if you look at the warranty accounting where we have the receipts we sent to your producers whether accounting for some of that is goodwill, that's another 200 million in additional profit that we don't think the company should be making taking a full step back, since 2010 tesla every year has lost money looking at gap net income, aggregated loss of 6.7 billion there's no doubt we've been wrong on the stock but if you look at the fundamentals, it doesn't look good. we think that's going to come to the forefront as numbers come out later this year. >> so at what price would -- if people were just following everything, at what price would they have started shorting because there's a whole cottage industry of tesla shorts they're very

close and refis may not be offering the best rates on the refi because they are slowing down that volvoall. >> great diana oleck, thank you switch gears a little, andrew. >> yep we'll talk about the other side of real estate, the commercial side that is of the real estate business joining us now is a technology platform for commercial real estate investing great to see you this morning, ryan help us understand what you're seeing in the industry right now. i don't know if you saw but we had kevin o'leary on a half hour ago and he had some pretty fierce words about what he thinks will happen to commercial real estate. he doesn't think it will be needed nearly as much as before. what do you think? >> i think first and foremost the full extent of the economic implications of covid-19 are not known by anyone. frankly, won't be known for some time i think the first order as kevin alluded to is obvious, hospitality, retail. we'll see substantial distress the second order will come to light over the median term and will be more uneven. they will be uneven across asset classes and markets. i don