17 Burst results for "North American International"

"north american international" Discussed on WJR 760

WJR 760

06:41 min | 3 months ago

"north american international" Discussed on WJR 760

"The North American International Auto Show and hope for it in Detroit again in 2022 here's hoping A couple of things have been put together by the D A. D A. The Detroit Auto Dealers Association and the North American International Auto Show. Put their, uh their magic together with the Motor City car crawl and the upcoming September 21st through the 26th motor, Bella. The mastermind behind all of this, who also misses the North American International Auto Show in Detroit is they tried Auto Dealers Association executive director and good friend Rod Alberts, who's on the other end of the line. Good morning, Rod. Good morning, Paul W. It's good to be back in action here. It's been, you know, after doing the show for 30 years, it's about time we had an auto centric auto show with activations right here in the Detroit area. And what has helped you make this happen is that as I understand it most most all of everything that you'll be doing will be. Most of everything will be out of doors. Yeah, we We've had a released yesterday. That kind of give our policy that we're looking at. We want everybody to be safe when they come out and and again, outdoor activities are really the way to go right now. It's been a couple years we've been in this Situation with pandemic, but we want to make sure when people come out to M one concourse and partake in all these activations were going to be fully outdoors. But the beauty is you can you can write at all these cars and experience the product and just really have a great time. It's going to be a festival of sort. Right here and right here on Woodward Avenue. You know, it's uh it's just now the way it is. When somebody announces they're having an event. They also announce their A covid 19 protocol. It's just part of the deal. That's part of what you're that's a big part of what you released yesterday. And with that thought in mind, you will be requiring everyone on site to wear a mask. When Indoors, including on ride and drive events. In my goodness, some of these right events, how about feeling the GS of a sports car taking you from 0 to 60 in three seconds on the mile long hot track? That's one of the adventures, you'll be able to experience it. Motor, Bella. Yeah, get into the policy. We just want to make sure nobody knows when they come out that they're going to be safe. The beauty again as we're or outdoors, 87 acres, putting people in cars and experience in the product. Maybe it's a car they want to look to buy. You know again, we're going to have 400 cars out there that you can look and pick and choose just your family car or a sports car. But you can also get in that Lamborghini that we're going to have in about four or five other high end cars. You can take it right on the hot track. If you can imagine that A lot of people have ever experienced that so. It's going to be like going to a a festival and, you know, I said Cedar 0.1 day. I'm not sure you want to call it Cedar point. But the thing is, you can you can have a lot of fun with the family. You can eat and have Have fun on the rides. But, you know, taking an off road on Woodward Avenue you know, on on an off road track with the Jeep or dodge or ride an electric car. It's all going to be there, so I think it's time. You know, Sometimes you have these situations that come upward. You might have the challenge of the pandemic, but it opens new doors and you find ways to give people new opportunities and activations and and really get thrill rights and a lot of fun that I think we're all looking for. To get outside and socialist. We are in a safe manner that we have here in Detroit. It M one concourse and what a great to place M one concourse in Pontiac has turned out to be And a lot of people have never been there. Maybe you've always wanted to see it and didn't have a reason to. Now they do have a reason to experience them. One concourse there. Where do you park If you're coming to motor, Bella, September 21st through the 26th. We're going to have parking really close within a within a half mile the quarter mile there'll be. There's a lot of space is we're going to have shuttles. It'll take you back and forth. It's about 2 to 3 minute ride between the locations. Lot of people part close, and I think just walked to it as you would with any major event like that. But the thing is, we're making sure that people have a way to get there, and it's going to be easy access. And once you get in, you're going to spend three or four hours. If not longer, just being involved in all these activations experiences you never really could have done before and in product that you've never seen before so again and this time when it's hard to see a new product. That's with all the things going on with chips were able to bring these cars together, and I think people are looking forward to seeing the product of tomorrow and that's what you're going to see here and the products you can buy today. What about food and beverage is available on site. We have. You know, The big thing these days is with the food trucks, and we're going to have a whole lot of different case of food. There's probably going to be 30 or 40 food trucks out there that offer all these things are delicacies. He stays the way they handle the product in the drugs. But we'll have the animals is going to be involved in some other vendors. But the thing is, we will make sure that everybody has access to great food, a great time and the chance to experience again. The number one thing is experienced product that You may want to end up buying in the next three or four months. Sure, as soon as things change, we have more inventory. Correct. Absolutely, Boy. That's been a huge problem as we well know from the chips and all of that. But speaking of chips don't bring your own chips. No, no outside food. No one will have plenty for everybody. Yeah, So don't bring it Bring you don't bring in. Don't bring in coolers or things like that. You can get it all everything you need to eat and drink will be there available. Um, there'll be plenty of food and beverage vendors on site. And, as is the case, virtually anywhere we go now. Bags may be subject to search by security. We're all trying to stay safe. In every way that we possibly can. They're going to be some great, uh, absolutely fabulous vehicles to look at and a lot of us are are anxious to be able to do that. The fact that you can kicked tires and comparison shop from over 400 plus vehicles on display, getting into one of those super cars and going 0 to 60 in three seconds. Pretty astounding. Never before were you able to do that at an auto show there'll be Vehicle debuts. Next generation mobility. Um, and there'll be some compelling mobility, insights from industry leaders and emerging innovators. You've got a lot going on here, Rod. Well, you know, the thing is to we leveraged a lot of the partners. You know, the the company's we've been working with and startups,.

Rod Alberts 2022 September 21st Paul W. 30 years Rod Detroit Woodward Avenue Lamborghini 87 acres today 30 three 400 cars North American International A yesterday tomorrow three seconds 0 60
"north american international" Discussed on WDTK The Patriot

WDTK The Patriot

01:32 min | 1 year ago

"north american international" Discussed on WDTK The Patriot

"Your doctor or pharmacist about Previn are 13. Now on time traffic news and weather on the Patriot. We're still seeing some slow traffic on Samaria freeways. Slow traffic on 94 eastbound between 6 96 and 12 Mile and you have a crash blocking the right shoulder. 94 was found after 75. It's causing a back up from Mount Elliot Street. Sheena Road in both directions between 21 22 Mile has only one line open and this is due to single repairs. Go ahead, use caution as you head through there and expect some possible delays heading eastbound on the blue water bridge into Canada. We're seeing delays of up to 15 minutes for trucks and delays of up to 15 minutes for trucks heading south bound on the ambassador bridge into Canada. We're also seeing construction on nine mile both directions between Hoover Road and Beechwood Avenue, and this will last through April, go ahead and seeking alternate mile road instead. If you want to avoid that Your weather forecast tonight. Low of 28 cloudy high tomorrow of 36 with afternoon snow. Currently it's 32 degrees and cloudy. From the town hall dot com newsroom Ford and Fiat Chrysler Automobiles are vying for the top awards at the North American International Auto Show. The finalists for the 2021 car and truck of the year were announced Thursday. Boards. All new F 1 50 pick up the ramp Hellcat, 1500, TRX and Jeep Gladiator. Mojave will compete for the truck honors Ford's Mustang. Maki crossover is a finalist for the S E. V of the year. General Motors did.

Canada Sheena Road Ford Previn Mount Elliot General Motors Jeep Gladiator Fiat Chrysler Automobiles North American International A Mojave TRX
"north american international" Discussed on WJR 760

WJR 760

04:55 min | 2 years ago

"north american international" Discussed on WJR 760

"Up to the North American International auto show here in Detroit on the kind of impact it as WJR's to Cape talks with Jason Stein. The publisher of automotive news about the New York auto show. Well, New York is the last number of years has really risen to the top of the auto show pile to some extent, at least on a global basis, it has attracted the really the luxury brands when you look at Mercedes Audi Porsche, and then also some North American brands who really want to compete against those other brands the Lincoln's Cadillacs, so it's it's become a show that while maybe at one point more regional than than others is is now at a place where it is globally respected by the auto industry, kind of Detroit New York in LA, which is. The the trifecta if you will for the North American industry is New York outpacing our show in Detroit. New York is that a lot of debuts in the last number of years, and it has worked very hard to try to position as one of those so-called A-List shows, I think when you look at the the the big differentiator between Detroit and New York is the fact that the Germans have come to New York on mass. And we all know that BMW Mercedes Porsche in the last year have really stepped away from the Detroit show, and they like the the limelight of New York, they like the fact that they can kalibbu new products in the Big Apple, which is one of the largest markets. And and so as such you have almost a half dozen Mercedes vehicles from the geo less to jail see to the class of CLA all being unveiled here in different variants AM g also the performance brand of Mercedes has a big spot here. So. They're they're definitely looking to to try to make New York a much much bigger player. Interestingly BMW is not in New York. And that is the one outlier here BMW has decided much like in in the Detroit area to not do big auto shows right now, and there are many who feel that BMW will come back to the frame once they see all the Mercedes and Audi product that is here. Is the do emphasis in new success? The New York show part of why they Detroit auto show change that state. I think that the changing the dates for the Detroit auto show was was predicated more on the fact that you can have a better climate, and you could reduce some of the cost that was associated with along move in. You know at times Detroit was asking for sixty day move ins, very expensive union rates are incredibly high obviously, New York has issues too. But New York does this in a much more, truncated fashion. So you'll they'll move in and move out of the Javits center within a much shorter timeframe. So New York in the calendar will now be number one. Because it's always gonna follow the Easter timeframe springtime frame and Detroit moves a little further back in the list when it comes to the big list shows, New York, New York will be the first one out of the gate from this point going forward, Jason Stein. Publisher of automotive news chasing, what type of vehicles are most likely to be unveiled at the New York auto show. And and what are the big on veiling that we have going at at the show this year big unveilings will come from Cadillac and Lincoln, and they are really going to highlight some of the contrasting strategies that they have. So traditionally heavy on luxury vehicle, debuts New York is now going to include that unveiling of the Lincoln, of course, there which is a compact crossover that effectively going to switch out for the M K KC, and it's going to signal Lincoln's focus on utilities, and it continued perch of those dreaded alpha numeric monikers. For real names. So getting away from some of the tease of the past. So that's Lincoln's big news, and I would say the Cadillac, although it doesn't have a scheduled press conference is also expected to debut a CD five sedan, which is the new ATS. Unlike its rival, though Cadillac is continuing to use names made from letters and numbers and believes that there's more room in applying for sedans, so both we are gonna take their Big Apple debuts amid what I would call a transition period for both of those brands Lincoln's trying to rebound from two straight years of US sales. Declines wants to continue some of that momentum started with the navigator the Nautilus the gator and collects really overhauling its whole portfolio. He's in the midst of launching a new or redesigned product every six months through twenty twenty one. So that's Lincoln Cadillac story. And beyond that, you're gonna have a flashy Audi.

New York Detroit BMW Mercedes Lincoln Cadillac Cadillac Audi Lincoln Jason Stein publisher Porsche North American International Javits center Apple WJR Cape
"north american international" Discussed on WJR 760

WJR 760

01:46 min | 3 years ago

"north american international" Discussed on WJR 760

"From the two thousand nineteen North American International auto show, if you look at where we are today and the balance sheet, so these supplies. It's nothing like years past. I mean, they're still pretty flush with cash, and you can see that in our utilization rates are way down across the board. And so, you know, I still think everybody's like did they learn anything last time? And I think I think they have I really do along with the twenty nine hundred North American International show chairman Bill. Golly, we had a very good year last year industry sales are very strong, and all of that has really been very good interest rates have some factors. But overall when you look at a traditional it's very low and really hasn't affected payments and things like that both on the lease or the retail side catch Rick divorce, complete PNC roundtable, the wjRcom Paul W Smith. Age of service of PNC Bank. It's. Yeah. The the Tigers last week said said that all their tickets from now on we'll be digital essentially to your phone. We we took a look in the rumblings column at one of the potential knock-on effects of that. Which is the scalpers that you encounter on the street. Your life has been get a whole lot harder. And it might be a business that disappear there the next which is a big part of why they're doing this. Let's face it. All right. You're michael. Thank you so much have a great week. You too, sir. All righty, Mike, Lee. The Crain's Detroit business managing editor brought to you by Varna m- law. Business law experts that are in your corner. Visit Varna m- law dot com. V A R innuendo. Barnum law dot com heading toward six twenty four. Your company.

PNC Bank Tigers North American International Golly chairman Rick Paul W Smith Crain managing editor Detroit Mike Lee
"north american international" Discussed on KGO 810

KGO 810

10:22 min | 3 years ago

"north american international" Discussed on KGO 810

"Okay. I love that song. It just takes me. So long to talk to everybody. And we can I don't know. I can't say start talking till I say or I hear here in my car. So good morning, everyone Charlie Vogel Heim here. Your host of the flying car when Keijo eight ten for the next hour. We're going to be talking about the transformation of transportation, and they're so very much to talk about. So certainly can't do it myself. Alec stack is in the house. I'm in the house. Well, you know what? And as I walked in the studio this morning. Alex showed a great great face of disappointment. Yeah. You're you're running in here. This was a busy morning for you. There's a lot of car dealers in town, and you have your duties lot going on and Alex was going to take the show it to the next level. But not yet by Brad. And speaking of talking to people lots of people are listening today this morning, Arizona, have some friends listening Alexander and Shana and then. My wife's over Weatherford dropping off the car. So I want to give a show we are representing the world, and we'll get into that in a little while Alex stack is an enthusiast. I described the show as you mentioned a number of people are in town. They're talking about the show. I said, you know, it's been in the auto industry for some time. I can talk a little bit about that. Alex says enthusiasts will buy and sell anything with wheels. And then of course, we're joined by MS daisy. And Stacey is here in San Francisco doesn't own a car, and isn't sure any one else should and everyone's very excited about that concept. Do you guys fight a lot? Oh, heck. Yeah. But just not on the air. So interesting a day and working backwards as Alex mentioned any D as in town national auto Dealers Association. We're going to talk about that. But stacey. And I while the flying car show is is demoing a Chevy volt. That's beat Baltimore the be all electric vehicle, and we swapped over. So Stacy drove to the studio today, and then first time in our entire tenure. Here. I drove a car. Annual on time if not early so does week. Yeah. So where is it? Did you park it on the street is a street party? There you go. So it did to honor your contribution, mobility wise. I came by bike. Yeah. Well, you know, so it was interesting because I came out of a meeting as Alex mentioned, I had meeting this morning. Started early talking about some of the transitions, and we'll get into that. But to get here as I walk out and down by the convention center and coming around here, it's not even two miles, but I've got scooters lined up. I've got a jump bike. And then I've got a Ford bike rack. We can you know, any of the other ones you can take. And we have a four. I just didn't think that that was going to be worthy of my old in the backpack down the street. So I did I did go to the Ford. I mean, I just figured shoot. If I'm you know, talking cars, I should've came to work in a Ford. So there you go. That's what I did. Okay. I'm so proud keep saying there's so much to talk about mostly because of how the year has been so busy so far. You guys know we begin this year in the in Las Vegas with the Consumer Electronics Show seen all the new possibilities out there in mobility and then rolls right into the North American International auto show the last one that's in the winter. This is the Detroit auto show and analysis you mentioned this week and ADA north. I'm sorry the national auto Dealers Association. So they're all here in town. They have their convention once a year and a variety of towns they've come back to San Francisco for now. These are the dealers. These are the folks these are the businesses that have provided mobility for the last hundred years citizenry of this country if not the world, and we thank them for their service. Well, thank you. But is there? There's obviously a lot of change going on. It's very interesting being here on you know, on the cusp of on the edge of Silicon Valley. So I began the week talking to a group of the financial institutions, they come here, obviously representing the business of buying a car, and even for that matter of supporting a dealership dealers in the franchise system, anyway, have to buy all those cars you see on the lot. They're paying for them. Now, they're. The asset test, which is a separate discussion. But at four then the consumers to buy those cars, obviously, there's a lot of concerns on what these changes mean to that business in terms of like shared mobility, are people going to buy cars as much and so I wanted to talk to you guys a little bit about that to begin with just in terms of shared, mobility, Alex. You've got more than one car per driver in your household. Yeah. Love me. Yeah. Your co host still, but you I mean, you're not driving them every day. I mean, let's just let's just say that was one car how how much of the day would that be parked or not utilized? Or if it was one car. I I would think you would have what we would consider full utilization. So, you know, an hour plus in the morning commute and errands and then an hour plus in the evening. Yeah. And to your credit states, you get by without owning an automobile. And I wanted to present to you one of the stats that came out. So we talk about one of the things that comes out there is it oh for the car is parked ninety six percent of the time or or more than ninety percent. And that's our utilization terms of county, and when the car is just being driven. It's foolish. It's I don't understand why we have to have repeats of all these boxes all over the place when an and again, listen if you live out in the middle of nowhere. Yeah. It's probably kind of hard to share a vehicle. I totally get it. But we're talking about urban situations. And traffic and congestion, and whatever I see enormous lanes for peop- for to drive on or to bike safely on its cetera. All by personal storage of these boxes sitting around waiting for their person to come back. Oh and move me somewhere. It's just I'm actually glad to us Ed choice awards personal stories because a recent study was done in terms of when you're using the car and the study that I presented or you know, certainly measurement is how often it's the car in motion are going to and from his maybe parked at home. Or maybe it's your office in you're using it between the two just that one or two trips a day. But the the way some consumers look at it. They're using it all day if they're at the office, and they've got stuff in it. Or they've got stuff that they're going to use after work or something like that. They're county NAT is used time. And when you said personal storage, I know you're meaning that the city is storing somebody's personal item in the form of a car parked on the street, and I'm switching those words around to be a little bit more about people are measuring the use time of the vehicle by different than just the wheels being turning, exactly. And and this is all for the conversation. But I totally missed that. What are you? So you're here, Twitter and. Listen, I know so so let's talk about the using compared to your house. You know, how often do you use your house will use it all the time because you're stuff's in it. So yeah, you're only in it for certain hours of the day. We're now using our cars as like lockers, but we we do different than checking a bag will you? Why don't you all drive over here to San Francisco on the street, and guess what you'll get cured? Pretty darn quick. Those are people we have citizens us this because it will clean out your car. They will Murray condo point all joyful empty this. I enjoyed the conversation, and you and I talking about when we were and I got to chair the conversation about infrastructure for cities is thinking about it differently thinking about there are truly and and I think we all grew up with that. And if they have a car, it's a place to have your thing. So if you are going somewhere and need to go then somewhere else in somewhere else, it's been utilized every step of the way. But to your point Stacey, I mean, I think what sets cars uniquely apart from other objects that you have is at cars do bring joy. So I mean, this this thing with the lady does this object. Bring joy, you should throw it out or whatever. Yeah. Japanese. I'm gonna condo this studio here. I would love to eliminate the boxes. Beautiful showrooms that are well let you walk in there. And you see that thing. What? Doc all of his cars in the same room. And then thank them for their service. First of all every I like, Pat them on the first ethnic the condo. Yes. Thinning out? Take a picture of it. If you really need to hold onto it, you know, and you can remember all the good times you had with that car. Yes. Once again, this is an object that you have good times with it's not a toaster. You know, there's no fan clubs for toasters right now. There's fan clubs for cars because people create I think mine's Brazil, and I. Okay. So along those lines, and we we've used this description before there's a number of reasons why you know, you've you a car can be a work of art. It can be a wild ride to your point. Unfortunately for a lot of people. Or fortunately, it's a place to work or even more. So it's just an appliance and for those that are using it as a tool in their everyday life are using mobility. The car is their tool for mobility. There's other ways there's other tools out there now, and that's what we're witnessing. We're witnessing knows. Use the right tool for the job use the right tool for the job. Wow, gotten somewhere because if he when if you tried to cook all of your meals with just a very large serrated knife, you wouldn't do. So well, I got that serrated knife on TV, and I can cook everything in this air blower oven. I've ordered because everything will cook in that. I got it. I got it. But it doesn't stir. Very well. You know, it doesn't I'll try that. When I get home. Hey, we have so much more to talk about. But we need to listen to our beloved sponsors for just a just a couple minutes. Don't go anywhere because you will want to come back in here. The continuation of the conversation we're having on KOA ten the flying car show. Hi, it's Jamie, progressive's employee.

Alex stack San Francisco Stacey auto Dealers Association Charlie Vogel Heim Alec stack Arizona Ford Baltimore Detroit Brad Twitter Silicon Valley Weatherford Stacy MS
"north american international" Discussed on WJR 760

WJR 760

01:37 min | 3 years ago

"north american international" Discussed on WJR 760

"John Bailey. WJR traffic and weather first from the JR weather center might see a little lingering lights snow is keep those temperatures in the mid teens wind chill values below zero tonight, a few flurries and snow showers possible, low six and then tomorrow more clouds for the afternoon, a few flurries snow showers, high nineteen from the Weather Channel, I'm Jeff Eno on news talk seven six. Hi, I'm Jan, fingerling. With fingerling, lumber company after eighty eight years we've decided to retire enclosed finger during two thousand nineteen plenty of products. You're still on hand. But everything must be solved. Prices have been deeply discounted customers. Ruben buying now for spring and summer projects. Lumber plywood. Installation moldings doors, citing pavers and more have been discounted and they're selling at a rapid clip hardware as deeply discounted to debt cleaners and finishes are priced at fifty percent off. Stop by soon is open Monday through Saturday. Thank you very much for your business. It has been our pleasure to serve you. Free. Welcome back to more with Frank Beckmann on WJR coming to you live from public days at the North American International auto show sponsored by Chevrolet. Find new roads. Once again.

JR weather center Frank Beckmann Jeff Eno John Bailey Chevrolet Ruben North American International eighty eight years fifty percent
"north american international" Discussed on WJR 760

WJR 760

01:43 min | 3 years ago

"north american international" Discussed on WJR 760

"JR weather center winter weather advisory in effect from seven o'clock this evening through two AM Wednesday cloudy today. Scattered snow showers possible, the safter noon. Highs in the upper twenties snow mixing with sleet, even freezing rain force here this evening, then changing to all rain overnight as temperatures warm through the thirties. Rain and low forties for Wednesday. From the Weather Channel. I'm Ken Boone on news talk seven sixty w. JR? Welcome back to more with Frank Beckmann on WJR coming to you live from public days at the North American International auto show sponsored by Chevrolet. Find new roads. Once again live from the Chevrolet display. Here's frank. Almost every time. We have a snowstorm you hear the warnings. Go out be careful. Don't overdo it. Make sure that your drafts. Dress formally make sure that you're in some decent shape. If you plan to shovel snow and each year, we we sadly get stories of people who. Who don't heed the advice or are in worse physical shape that they expected and it it happened again in Portage over the weekend on Saturday matinee Mike Westbrook out. Shoveled snow and. Fell over and died of a heart attack. And you get stories like this. In December truck driver in North Carolina, suffered a heart attack shoveling on his rig December of seventeen Royal Oak. Man died shoveling snow during a storm, and and on and on.

JR Frank Beckmann Chevrolet North Carolina Ken Boone Mike Westbrook North American International Royal Oak Portage seven sixty w
"north american international" Discussed on WJR 760

WJR 760

02:29 min | 3 years ago

"north american international" Discussed on WJR 760

"A championship this. We had to win today. Now, we believe we do we still got we got two more road games next week so long way to go. But not least we feel good about ourselves. And we'd be Detroit four years in a row. And that's that's saying a lot to our kids. That means a lot to us. No doubt about that. Oh, by the way in another game. Duke number one, be defeated. The only other undefeated team in college basketball, Virginia, seventy two to seventy was the final score in that one. So there are now no undefeated teams in college basketball. We got football coming up the NFL conference championships going at six forty on CBS yet New England playing at Kansas City as the chiefs are three point pick and then in New Orleans same deal. The saints are a three point pick over the LA Rams. And you look at both games are similar the threads weaving their way through you've got New Orleans with a forty one year-old quarterback playing against a quarterback for the Rams who could probably be the the son of the starting quarterback. So you look at that to be sure and check in with the well, what do you make of it? Drew brees. The last time you were in the Super Bowl game was I wanna say ten years. Haven't thought about that time kind of flies by? It was funny. It was just on in the lunchroom. I guess the the NFC championship game from and everybody was saying I had a lot more hair back then. So it don't feel like that longer. But I guess it was he's done is. He's been there. He's done it. And those are the right way. It seems like every year it seems like he's only getting better and have so much respect for him. And everything he's brought the game. And you know, admire how long he's done it for and what a high level he's done four in the way, he leads in the way, he goes about his business works and everything he does is so admirable and should be good game that Jared Goff there. The young quarterback for the Rams and one other item. You should know about the wings are on the Canadian west coast playing Vancouver four o'clock this afternoon on Fox Sports Detroit network. So lots to do if you're a sports fan, but get out in the Boughton go through the other events that are going on in and around our town to be sure today, the dog shows closing out there at the suburban collection showplace. They've got obviously the North American International auto show that will get. To momentarily and talk about these product specialists, and how that term came to be. But first, let's get you off dated on the traffic.

Drew brees LA Rams Detroit New Orleans basketball NFC Virginia Vancouver chiefs NFL Kansas City New England Jared Goff CBS saints football North American International forty one year
"north american international" Discussed on WJR 760

WJR 760

05:15 min | 3 years ago

"north american international" Discussed on WJR 760

"I pass I thought maybe it was some old GPS. They were doing a history of how the Jeep vehicle began. It's called a rock rockstar Rx OR, what do you make of that? Mark. I'm glad you mentioned that war, and that's one of the most interesting vehicles show rock solar is the name of the vehicle is the company that makes it is called Indra. It's an Indian company and back in nineteen forty seven. They signed. Licensing deal with Willis, the company that made the original military jeeps to build jeeps in India, which was a brand new independent country, then and they continued to build vehicles that look a lot like GPS all the years throughout since then Fiat Chrysler is not crazy about this. They've challenged it in court. But as it stands right now that rocks or is being built in Auburn Hills at a factory and engineering center that Mahindra's Gaza north of Detroit, and it is a an HEC. So it's not legal to use on the road. But it does it looks like a chip off the block of the old nineteen forty would Willis Jeep. Yeah. If you were looking for an off roader, you'll you won't find a more interesting one and Paul Eisenstein. You were talking about how we are. And we certainly acknowledged that the the the future of the passenger car at least as far as the US auto manufacturers. And there is going to be a thing of the past. So let's bring in here Cadillac introduced Paul their new x t x and eighty eight. I gotta get my vision check, they think here. The XT6. and Lincoln introduced an old name. But a new vehicle the Lincoln aviator. Yeah. Well, we actually saw the hitter at the Los Angeles show just recently. But I want to get back to something. If you don't mind getting a little off the topic for no problem. Pau Mark you were talking with Mark a moment ago about the Mahindra. Yes. Vehicle the off road. Now, they said during the dedication of their plant up in Auburn Hills that they'd like to also come up with a street legal version, I spent a little time with Jim Farley just a few days before the beginning of the auto show at at a preview of the explore that they did it for field. And we talked a bit about the the announcement. They were going to make with VW in the joint venture, which they ultimately did announce this past week, right? But Mr. Farley who you recall runs global operations at Ford told me that what I should also be watching out for is what they're going to be doing with my Indra. The fact is they have something like seven joint ventures already either outlined or going. They they've signed a bunch of a memorandum of understanding which are the precursors of deals. Don't mean that they'll go through but could and they are looking at ways they could work much more. Extensively with the Indians going forward. So Ford isn't just limiting its future to finding ways to work with VW. But they may have other deals in store other partners like Indian company, Mahindra and and finally David call back to you. We're going to wait eighteen months now for another North American International auto show who knows what will take place in the next eighteen months or so, but there are going to be predicted less vehicles. Made this coming year to be sure maybe what sixteen do I wanna say sixteen point seven million as opposed to the over seventeen million a little bit, but not hugely pessimistic cut. The there's this potential economic stumbling blocks around seemingly every corner going on. What do you see is the future? Well, I think this is the uncertainty today, and it's greater than we've ever seen before. And when I think of the auto show, it's the product it's the people, and and it's the story and the story here is and there's a couple of big things one is how partnering is beginning to happen. It's been happening for a while look at Honda and GM related to cruise automation or feel cells or Ford GM on transmissions, partly related to the shortage of people probably related to saving money. And a big thing is I think the d hyping of some things that we've been all caught up in both electrification and autonomy economy is not gonna happen. Quite like we. It's going to be and I think Toyota has done this properly driver assist helped drivers to keep for making a mistake electric ation. The big story is we don't know yet. What the economics of batteries are going to be well here, we are the three of you would agree this auto show era as we've known it ending the next chapter is beginning. So we'll see what takes place over the next eighteen months or so David call always good talking with you and just fasten your seatbelt warm because a wild ride is coming. No that about it. Paul.

Mahindra Pau Mark Willis Jeep Auburn Hills Jim Farley Paul Eisenstein Ford David Toyota Los Angeles Lincoln US GM Cadillac Gaza Fiat Chrysler Honda North American International
"north american international" Discussed on KGO 810

KGO 810

11:01 min | 3 years ago

"north american international" Discussed on KGO 810

"Everybody's out there. Slow dancing bus get back at it. We're talking about the North American International auto show here on flying car shore. What's at sunset grill? Floyd learning to fly. Oh my gosh. They're not. No, not well shoot. Well, then you won't be there tonight. But you might be somewhere else. You know, what we're we? We finished off just laugh before the break about the Fords. Arc of their press conference beginning with mobility going into the explorer, and we were talking a little bit about how that's become the police interceptor, partly because it was the last of the rear wheel drive vehicles in in volume. And it seems like. They're everywhere in terms of when you see a police vehicle nowadays. A lot of time to is some form of an SUV. They one, of course, into the F one fifty which is the number one selling car of volume or vehicle volume around the world, but the end up with Jim Farley out there. One of the Ford executives. It is a true Mustang fan having driven across the country in a Mustang before he was sixteen and he talked about that openly with the new Shelby. And I mean, this is the horsepower we make mention a horsepower. And Alex, of course, gets very excited it descended from the heavens. They had it all rigged up. There's ran has very beautiful looking what they did is they had this video show of this car on display out in someplace, and then they show that they're hooking it up to a helicopter, and they go flying up in the air. And the next thing, you know, it's being dropped into the stage in front of us with all the drama that we expect from the events. See I would have said ascended straight. Okay. So. Yeah. Again, once Alex is excited about a horse power introduction. And it was interesting because again going from mobility to to performance and one of the conversations that came up in in several the discussions was the cost of fuel. There were a couple of stations in and around the Detroit area with the number one in per gallon on ninety nine per gallon. It's it's crazy times right now. Relative to this arc of gasoline. And oil prices that we saw over the years that all of a sudden, you know. Jim lands. From ahead of Toyota was on the stand during a one of the conferences, and he's just talking about internal combustion engine, performance and capabilities. So it was an interesting discussion. Stacey as we as we talk about alternative fuels. We talk about electrification, but then a great deal of attention paid towards performance and even a nod to gas prices and then turtle combustion engine. So it gets thanks Saudis. Thanks for thanks for keeping the supply low and super dirt cheap because you know, this stuff is gonna run out. And you know, that electric is going to win in the end because it's ultimately cheaper. And we'll keep gas prices low. So you'll sell zealous jets and missiles and what? Yeah, any of the talk is again, the the US is the world, you know, we can out supply them now with with the current technologies, but well, and then how about in Mexico. Did you hear about what happened overnight the gas line? Yes. Stealing gab. Yeah. And tapping into the pipeline the pipeline. Oh, except one explodes and kills sixty six and Balto fuel. It's unfortunate is lines. You know, what can happen? Well, you know, if you're going to tap into the line always do it to to spec. I mean, do it the inspected out there. Yeah. Yeah. So there's a lot of things going, you know, again Stacey. If you just go through the numbers, it's it it came up several times after the the the carbon trolls in such and we'll get back to those. But there's a conference called the auto model mode of news has a world congress. When we talk about the issues of the day of the changes in their analysts there in OEM executives of executives from the manufacturers. And it came up several times about electrification in terms of what the projections were and in most agree that there's going to be an acceleration of the electrification. Obviously, there's a lot of new models out there that we've talked about whether it's at the luxury end with the new Audi and we saw the BMW and Reseda Jaguar. But the numbers are still relatively low in terms of a percentage, you know, in terms of, you know, only three to five percent know, they're hoping for it to be up towards of good strong five percent by two thousand twenty and maybe maybe ten. Percent by twenty twenty-five, but still the idiots, and we just want to kill the planet. Well, once again, it's a long term short term kind of thing, you know, in short term with the inexpensive gas prices combined with the efficiency of the engine. I mean back in the day when I make a comment about the nose mobile vista cruiser that may have only gotten eight miles to the gallon. If you're driving a car now that has twenty four I mean, you're you're three to four times that and the gas is only at two dollars all of a sudden it becomes almost as cheap as it was back in the day. Relative to how far you're going. It's kind of a crazy time because it was tracking towards you know, maybe the the economics behind it was going to push his towards electric internal combustion was going to be more expensive or the gas was going to be too expensive. People would be like it. And then what we're finding electric the other challenge. And that's what we talked about a little bit last week with our our panels is the infrastructure in terms of how do we charge these vehicles or how do we get the power? Into them. I guess I look at it. As when I was growing up, you could smoke inside of restaurants. That's and I and now the whole thought that you would eat your dinner while somebody was smoking next. He'll is just disgusting. Like, no one does that at least in the US that is the way, and it can't happen soon enough that I would like us to look at ice vehicles that it is your smoking, and your how can you do that to your surrounding area to the environment? And I it can't happen soon enough. Yeah. Got it that way. Yeah. If you look at it, you know, again long-term, and and that's the the end goal or that we truly believe is going to be electric there still is the, you know, the development of batteries to be more capable or again is some people put it very simply it's just energy storage or energy transferred to motion. And it's how how do we do that most efficiently? And when we talk about the flying car, that's really going to be part of the conversation. As we do that one of the things that's associated with the North American International auto show, where the trade is what they call autumn ability, and that's D as in Detroit at the end, and they had a vehicle. They're called assure Fleiss. They get very excited. It's a two person would effectively be called a two person drone. But it it has the four corner blades, although there's two on each corner. So it's eight Motors altogether counter rotating, and they're actually test flying it now, this is a this is a vehicle out of Ohio that is in the air. This is a company that makes the electric vehicles for UPS, and they make commercial electric so it straight up legit. We we see and hear about so many of these flying car. Ideas or or experiments this one is being flight tested right now again, it's just a two person. But you know, what through was very similar to what belt has to go through. They have to flight tested as a hybrid right now because they can't get the battery to get them in the air long enough to go far enough to make it worthwhile. But they're assuming that it's going to be all electric, I'm fine. As soon as long as everyone is acknowledging that we need these vehicles to be electric, and that they the the if you test them in a hybrid manner with the intention that when they go to commercial service, it will they'll be electric. It's like, you know, what can I say the batteries aren't there yet? But they will be by the time that flight is that craft is approved. And I'm sure they're very happy about that. Because when they were demonstrating me, and they said hybrid, they kind of made a scrunchy face gone is Stacey going to be okay with this. I go. I'll explain it to her. Maybe she will be okay with it. So give him a pass until the batteries. Are there part of it for for electric cars? We got it. You know, it's not only the exhaust. But it's the noise or the fact that there isn't much there. So quiet. I mean, that's been problematic in some cases, where somebody's backing up and doesn't know especially when you're talking about flight when think these are going to be over people's heads. It's like that's why people have been so annoyed with having helipads put in even for emergency purposes here in San Francisco, they fight them tooth and nail. Because no one wants that. And that's. I can member friend telling me how they worked at the hall of Justice. And there was a time this emphasis co police had a helicopter, but it was a Vietnam era bell Huey or something like that. And they said when that thing landed at Bryant like everyone around everything. So I can understand the technology as far as the percussion and the sound is getting there's three sources of noise in a traditional like a bell. I it's the big rotor, which is making a lot of noise the tail rotor. And then the the motor itself would all contribute to this concoction of noise, which as a young boy, you thought was amazing because that was your goal in life was just to make noise and hear what this was doing all the work for you. So anyway, so finishing off on the auto news congress. I wanted to just tell you Stacey not too similar to the broad attitude that we had from CAS use the term kind of a Thomas fatigue. People are putting off, you know, full autonomy a little bit. You know? In other words, people are talking about it. But we're starting to hit these. Roadblocks or these speed bumps of either regulatory or other things. So let's talk all about the well, that's I mean, but I the only photo to make me happy on Twitter. You know, while we're talking cars cars cars is seeing a hundred fifty way MOS wrapped getting ready to, you know, go into service in the Phoenix area. That's something I can get excited about because they are doing it. They are driving. They are having commercial service has begun. And this is this is real. Well, unfortunately, again every now, and then we start talking about it. We get excited about whether it's all electric or all the Thomas and other breads, the at least. Yes, we just have to slow down. And we're still going in that direction. We're still developing it. And that's why we're going to keep talking about it here on the flying car. We need to take another break. This'll be our last one we've got one more segment to go. And we'll finish talking about the Detroit auto show and other things in the world of autonomous car. And the transformation of transportation. Thanks for listening. Don't go. I'm Jay Farner, CEO.

Stacey Detroit Jim Farley US North American International Alex Thomas Floyd Toyota Audi Shelby Ford Mexico BMW Twitter
"north american international" Discussed on WJR 760

WJR 760

04:32 min | 3 years ago

"north american international" Discussed on WJR 760

"Closed or delayed a number of them that like hundreds or anything, but the some schools are are closed or delayed, and you can go to wjRcom under news or the Paul W Smith show, and that's all a service of family, heating, cooling, and electrical and family's not just their name. It is the way they do business. Stephanie Beck horn is here. Stephanie is the new director of the Michigan workforce agency, and she wants to remind us of the future automotive career expo. That's happening at Automobili the display hall e of Cobo center and good morning. Stephanie. Good morning, Paul happy to be here today. Well, it's nice to have you here via phone. You be careful when you when you head out today because it is as slippery as we've been saying it is by tomorrow, the weather should be beautiful tomorrow is when you have this expo from ten AM to seven PM. Can you tell us about the future automotive career exposition or face? Yeah. Absolutely. So this is our second year in partnership with the North American International auto show and our partners at the Michigan economic Development Corporation. This is really an opportunity to bring talent from around Michigan, and maybe some from outside Michigan that are looking at Michigan as a potential opportunity state to move to to really have time to spend with employers in the automotive industry and suppliers correctly have some educational entities there to to really talk about the jobs that are available in Michigan the type of skills that employers are looking for. Educational entities will be there to talk about training. We're also going to have some workforce development folks, experts in the room to give mock interviews to look at resumes, really to just bring talent and employers together. Well, it sounds excellent. And what kind of response, do you get I know? If you're looking for a new job or apprenticeship in automotive and information technology or to transition to a new career in this emerging high-tech, mobility and automotive sectors, state of Michigan is giving you an excellent opportunity. So what what kind of reaction are you getting that direction has been fantastic, we have over eighty employers and educational entities that are ready and eager to meet with individuals that that come in. And as of last night, we have nine hundred individuals registered to come down to the event tomorrow and really take that opportunity to network to hear what professionals have to say you're this year. We have a couple of what we're calling Sherpur either individuals that have chosen to live in work in Michigan. And they're gonna really talk about their experience how they ended up in Michigan. What it's like to work in the automotive and related industries, so really excited going to have a great show. It's free. I'm really asked people that are thinking about coming down to go to the North American International auto show website. There's a box there for the future automotive career expo, and there's a quick little place to register. And that'll really ensure we get you the opportunity to network and talk to those employers, and maybe even try to do some matches its second year face is a partnership between the North American International auto show, the Michigan economic Development Corporation and the talent in economic development department of Michigan, or as we say Ted that puts you in touch with leading employers and professionals in the automotive, mobility and information technology industries, and and this is a very great thing to be able to talk with human resource representatives from what turned out to be world renowned automotive companies and suppliers. Yep. Absolutely. We heard from him all day yesterday. They they need talent. They're looking for talent. And it's across the spectrum of what type of employees they're looking for. So we just really encourage everyone to take advantage of this opportunity tomorrow and Stephanie back when we were talking about social media earlier, and you have in part of what you're presenting tomorrow, the do's and don'ts of using social media in your job. Search that's important. It absolutely is. I that is one of the components that employers are utilizing when they're researching on an individual in and looking through their resume that is certainly part of your resume. So we just want people to understand, you know to use it to your advantage, not disadvantage. Right. Another reminder. It is tomorrow..

Michigan Stephanie Beck Michigan economic Development North American International Cobo center Paul W Smith Ted director Paul Sherpur
"north american international" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

03:26 min | 3 years ago

"north american international" Discussed on WBZ NewsRadio 1030

"And for the latest we check in with ABC's. Ryan burrow, Ryan good morning. Good morning. And this is a point when let's face it to the creditors. Want their money, and they wanna make sure that if they go through with Lampert bid that there is a viable path forward for this struggling retail. They haven't turned a profit since two thousand ten they're eleven billion dollars in debt, and there are a lot of unpaid bills. So there's a lot to decide and the fate of Sears on the line. If it does go to liquidators would likely mean to brand would essentially dissolve the properties would be sold off Kenmore would be sold off as well. But there are many concern to that if Lampert does win with his bid he can carve it up and sell it off. And it will also be getting tax breaks as a result of it. Because of all the debt that the the company currently has under bankruptcy protections. All right. Ryan burrow. Thank you. So much cargo jet crashes and Iran, leaving all but one onboard dad the death toll is believed to be fifteen Boeing seven hundred seven reported and emerge. Urgency just before trying to land outside the capital of Tehran. Fire engulf the jet after skidded off the runway just before reaching a residential neighborhood. Divers off the coast of Indonesia have recovered, the cockpit voice recorder of a lion. Air jet crashed in the Java sea in October remains of some of the one hundred eighty nine people who died in the crash have also been located on the seabed the two month old Boeing seven thirty-seven hit the sea minutes after takeoff from Jakarta, killing everyone on board unclear what exactly police were up to buy some drama brain tree. Overnight people were wondering what was happening at envision Bank. When officers at one point were climbing ladders up to the roof. Police have not released any details about what was going on in case of the pen is mightier than the paper when the largest daily newspaper in Maine decided to cancel its regional book reviews. One local writer took exception Bangor resident umbrella. Renowned author. Steven king took to Twitter and called on his five million followers to complain to the paper. The Portland press herald responded with a challenge if king could get his followers to buy one hundred digital subscriptions, it would bring back the local reviews. Well by yesterday the herald had doubled its goal with about two hundred new subscriptions in less than forty eight hours. As a result, the newspaper pledged to continue the reviews of books about Maine or by main authors, eight thirty eight now we check business news. And here's Bloomberg's Andrew O'day. Walmart's can use but cannot trademark the slogan investing in American jobs, the trademark trial and appeal board has ruled the big retailer does not qualify for trademark protection. Because it didn't distinguish a product from others based on origin the opinion holds even frequent use of a word Fraser design in association with goods services does not establish trademark rights stock futures falling. Dow futures down one hundred eighty seven NASDAQ futures right now down six. This from the North American International auto show also known as the Detroit auto show Hyundai's. Genesis g seventy has been named the more North American car of the year. Fiat Chrysler ram fifteen hundred has one North American truck of the year. Andrew O'day, Bloomberg business on WBZ. Boston's NewsRadio coming up a violent mugging in Bedford over the weekend. That is straight ahead..

Ryan burrow Lampert Boeing Maine Andrew O'day ABC Steven king Bloomberg Sears Tehran Walmart Indonesia Kenmore envision Bank Boston Jakarta North American International
"north american international" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:20 min | 3 years ago

"north american international" Discussed on Bloomberg Radio New York

"The North American International auto show kicks off amid rising commodity costs trade tensions and signs of a global economic slowdown for more we're pleased to welcome Bloomberg news Detroit bureau chief David Welsh, David thanks for joining us, automakers have been deathly afraid of these tariffs for some time. Now are they still a big concern? Yeah. They are. You know, the the the issue has actually probably got even more tense. You know, there's been talking progress on trade with China, but still it's been really pushing stocks around and that that has made life difficult for automakers. Steel tariffs are still a big issue. It's one of the I would say. It's one of the many things in the bubbling cauldron hairs, automakers cutting cutting jobs back. Their profits are under pressure for whole variety of reasons when he had one or two billion dollars in costs for different metals with no end in sight on that that's a thinks that makes life tough for them. And how specifically are these tariffs hitting them? Now. Well, the biggest one really has been the Trump administration's tariff on steel and aluminum idea was to create jobs in the US and in and stop dumping and give US dealmakers opportunity to get the market back. But they're charging higher prices for the for the St. on aluminum matter selling and to the degree that you need more supplier different types of supply. You're having to pay more for the stuff that's coming in. And that is GM. I think to the tune of around a billion dollars in two thousand eighteen and it hit forty even more. So those are those are big bills do an expectedly getting the mail, and it's both companies are cutting jobs back. It's not the only reason. When you're looking at a market that is starting to sink them talk with the US car market. You're looking at China auto sales going into reverse for the first time in. Geez. Toby? Twenty years. Those are two big pressure points. Then they're all having to spend money to develop electric cars and self driving cars that no one even buying it. Those are our big costs. They really don't have a lot going in their favor these days. So when you want on big tariffs on on things that every car has to have it does hurt now during the global financial crisis. We heard that a lot of consumers putting off buying cars. And then they finally updated is that were the auto market is now is that why we've seen this downturn in sales. Observation I think a couple of things going on. Because the economy is strong for stuff. You know? It'd be clear the US market is still at historically strong sales level. We're looking at a record of seventeen point five million vehicles in two thousand sixteen and it is slipped down from every year. But. Last year two thousand eighteen we we're still looking at I think seventeen three that's a big number. And if it goes somewhere saying it's gonna hit seventeen this year. Go to sixteen eight I've seen S sixteen point five nine number big number current trust carmakers are developing these new electric vehicles that people aren't buying yet is one of the problems that prospective buyers are holding off until it is time to buy a new electric vehicle. Got a couple of things with electric cars one. They are pretty expensive. The bolt is thirty five thousand dollars vehicles are even the model three it's going out the door forty five or fifty. So those are expensive cars. That's one reason. People aren't getting the other is. A lot of people even if they can afford it only being able to go to two hundred and fifty miles whole charge when you can go three fifty four hundred miles or more on a full tank of gas. It's just not that attractive. So we have the North American International auto show coming up any big announcements expected. They're gonna see some vehicles that are really important afford showed off the Ford Explorer, and that'll be at the show. That's always a big important vehicle van especially in this age of the SUV. I think you will see. Cadillac with some some similar kind of news Toyota Hesse, they're gonna show us the Toyota Supra, they're bringing back that sports car after many years that'll be some eye candy. But also, it's an interesting choice because sales of the Mustang the Camaro in the corvette Ben in the tank so things they can get people interested in sports cars again. So that'll be an interesting one to as well. But you know, I think a lot of the chatter is going to be about business news Ford and Jaguar Land Rover earlier in the last week. And so that they're going to be making a bunch of cuts. So they. They haven't hung tons of specifics on those. So we will now we're gonna have a lot of chatter about that a lot of executives talking about it. Thanks to Bloomberg news Detroit bureau chief David Welsh coming up on Bloomberg daybreak. We can we take you to Asia. And look ahead to earnings from one of the key suppliers.

US David Welsh Bloomberg bureau chief Detroit North American International China Ford GM Toby Asia Jaguar Land Rover Explorer Toyota Hesse Toyota Supra Cadillac
"north american international" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:19 min | 3 years ago

"north american international" Discussed on Bloomberg Radio New York

"The North American International auto show kicks off amid rising commodity costs trade tensions and signs of global economic slowdown for more we're pleased to welcome Bloomberg news Detroit bureau chief David Welsh, David thanks for joining us, automakers have been deathly afraid of these tariffs for some time. Now are they still a big concern? They are, you know, the the the issue is actually probably got an even more ten, you know, there's been talk in progress on trade with China. But still it's been really pushing stocks around an event that has made life difficult for automakers. Steel tariffs are still a big issue. It's one of I would say it's one of the many things in the bubbling called for the has automakers cutting cutting jobs back there. Their profits are under pressure for whole variety of reasons. And when he had one or two billion dollars in costs for different metals and with no end in sight on that. That's thanks. Thinks that makes life tough for them. And how specifically are these terrorists hitting them? No. Well, the biggest one really has been the Trump administration's tariff on steel and aluminum. Daddy was to create jobs in the US and in and stop dumping and give US steelmakers opportunity. You get the market, but they're charging higher prices. For stealing aluminum, they're selling and to the degree that you need more supplier different types of supply. You're having to pay more for this stuff. That's coming in. And that is GM. I think to the tune of around a billion dollars in two thousand eighteen and it hit forty even more. So those are those are big bills do unexpectedly getting the mail and both companies are cutting jobs back. It's not the only reason. When you're looking at a market that is starting to think what the US car market. You're looking at China auto sales going in reverse for the first time in. He's going to be twenty years. Those are two big pressure points. Then they're all having to spend money to develop electric cars and self driving cars that no one even buying it. Those are our big costs. They really don't have a lot going in their favor these days. So when you want on big tariffs on on every car has to have that does hurt now during the global financial crisis. We heard a lot of consumers were putting off buying cars. And then they finally updated is that were the auto market is now is that why we've seen this downturn in sales. Observation I think a couple of things going on because the economy is strong, you it'd be clear the US market is still at a historically strong sales level. We're looking at a record of seventeen point five million vehicles in two thousand sixteen slipped down from every year. But. Last year two thousand eighteen we're still looking at I think seventeen three. That that's a big number. And if it goes somewhere saying it's gonna hit seventeen this year or go to sixteen eight I've seen as much as sixteen point five nine. Number number current trust carmakers are developing these new electric vehicles that people aren't buying yet is one of the problems that prospective buyers are holding off until it is time to buy a new electric vehicle things going on with electric cars one. They are pretty expensive. The bull is thirty five thousand dollars. Vehicles are even the model three it's going out the door forty five or fifty. So those are expensive cars. That's one reason people aren't getting the other is. A lot of people even if they can afford it only being able to go to two hundred and fifty miles charge when you can go three fifty four hundred miles or more on a full tank of gas. It's just not that attractive. So we have the North American International auto show coming up any big announcements expected there. We're going to see some vehicles that are really important afford showed off the Ford Explorer, and that'll be at the show that always a big important vehicle for them. Especially in this age of the SUV. I think you will see. Cadillac with some some similar Canada's Toyota has said they're gonna show us the Toyota Supra, they're bringing back that sports car after many years that'll be some my candy. But also, it's an interesting choice because sales of the Mustang the Camaro in the corvette had been in the tank so Toyota thinks they can get people interested in sports cars again. So that'll be an interesting one as well. But I think a lot of the chatter is going to be about business news Ford and Jaguar Land Rover earlier in the last week. And so that they are going to be making a bunch of cuts. So they they have hung tons of specifics on those. So we will now we're going to have a lot of chatter about a lot of executives talking about it. Our thanks to Bloomberg news Detroit bureau chief David Welch coming up on Bloomberg daybreak. We can we take you to Asia. And look ahead to earnings from.

US Bloomberg David Welsh bureau chief Detroit North American International China Daddy Toyota Ford David Welch GM Asia David Jaguar Land Rover Toyota Supra
"north american international" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:19 min | 3 years ago

"north american international" Discussed on Bloomberg Radio New York

"The North American International auto show kicks off amid rising commodity costs trade tensions and signs of a global economic slowdown for more we're pleased to welcome Bloomberg news Detroit bureau chief David Welsh, David thanks for joining us, automakers have been deathly afraid of these tariffs for some time. Now are they still a big concern? Yeah. They are. You know, the the the issue is actually probably getting even more. You know there. There's been talk in progress on trade with China, but still it's been really pushing stocks around in that is made life difficult for automakers. Steel tariffs are still a big issue. It's one I would say it's one of the many things in the bubbling cauldron has automakers cutting cutting jobs back their profit or under pressure for whole idea of reasons he had one or two billion dollars cost for different metals and knowing insight on that. That's. That'd be tough for them. And how specifically are these terrorists hitting them? Now. Well, the biggest one really has been the Trump administration's tariff on steel aluminum idea was to create jobs in the US and stop dumping and give US dealmakers an opportunity to get the market, but they're charging higher prices for the for the stealing aluminum that they're selling and to the degree that you need more supplier different types of supply. You're having to pay more for this stuff that's coming in. And that is GM. I think to the tune of around a billion dollars in two thousand eighteen and it hit forty even more. So those are those are big bills to unexpectedly getting the mail, and it's both companies are cutting jobs back. It's not the only reason. When you're looking at a market that is starting to think I'm talking with the US market. You're looking at China auto sales going in reverse for the first time in twenty years. Those are two big pressure points, then they're all having to spend money to develop electric cars and self driving cars that no one even buying it. Those are our big costs. They really don't have a lot going in their favor these days. So when you want on tariffs on every car has to have it does hurt now during the global financial crisis. We've heard a lot of consumers were putting off buying cars. And then they finally updated is that were the auto market is now is that why we've seen this downturn in sales. Yeah. That's a good observation. I think couldn't have a couple of things going on. Because the economy is strong. You know to be clear, the US market is still at a historically strong sales level. We're looking at a record of seventeen point five million vehicles in two thousand sixteen and it is slipped down from there every year. But. Last year two thousand eighteen do we we're still looking at? I think seventeen three. That that that's a big number. And if it goes somewhere saying it's gonna hit seventeen this year or go to sixteen eight I've seen as much as sixteen point five nine that still number number current. Trust makers are developing these new electric vehicles that people aren't buying yet is one of the problems that prospective buyers are holding off until it is time to buy a new electric vehicle. A couple of things with electric cars one. They are pretty expensive bowl is thirty five thousand dollars Kansas vehicles are even the model three it's going out the door forty five or fifty. So those are expensive cars. That's one reason. People aren't getting the other is throw out of people even if they can afford it only being able to go to two hundred and fifty miles cool charge when you can go three fifty four hundred miles or more on a full tank of gas. It's just not that attractive. So we have the North American International auto show coming up any big announcements expected there. We're going to see some big vehicles that are really important afford showed off the Ford Explorer, and that'll be at the show that always a big important vehicle. But I'm especially in this age of the. I think you will see. Cadillac with some some similar candidates Toyota Hesse, they're going to show us the Toyota Supra bringing back that sports car after many years that'll be some eye candy. But also, it's an interesting choice because sales of the Mustang the Camaro in the corvette of Ben in the tank, so they can get people interested in sports cars again. So that'll be an interesting one as well. But you know, I think a lot of the cheddar is going to be about business news Ford and Jaguar Land Rover earlier in the last week. And so that they are going to be making a bunch of cuts. So they. They haven't hung tons of specifics on those. So we will now we're going to have a lot of chatter about that. And a lot of executives talking about it. Thanks to Bloomberg news Detroit bureau chief David Welsh coming up on Bloomberg daybreak weekend. We take you to Asia. And look ahead to earnings from one of the key.

David Welsh US Bloomberg bureau chief Detroit North American International China GM Asia Kansas Ford Explorer Toyota Hesse Toyota Supra Jaguar Land Rover Ben
"north american international" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

01:53 min | 3 years ago

"north american international" Discussed on Newsradio 970 WFLA

"The tax season tax filing tax refunds should not be affected at all in any way, by the government shutdown as of right now the tax deadline is still April fifteenth this year. The IRS has the tax filing season. Officially begins. January twenty eighth and government says the shutdown will not affect tax refund. It's twelve oh three. Whether it's national NewsRadio nine seventy WFL. A stocks are little changed at mid-day after starting out lower on concerns about the retail sector. Macy's and Kohl's issue. Disappointing reports about their holiday sales Barnes and noble said it might cut its profit guidance by as much as ten percent. And American Airlines issue profit warning Eddie Lampert continues his efforts to save Sears Lampert has submitted a new offer for the bankrupt retailer one that's worth more than five billion dollars. If the new bid is approved by creditors and the court Lampert will compete in an auction next week. There are two other bidders. Both want to liquidate Sears Ford announced plans to cut jobs in Europe here at home. The automaker is revamping the explorer sport, utility vehicle has not had a major upgrade since two thousand eleven the new version will be on this. Splayed next week at the North American International auto show in Detroit from Bloomberg world headquarters. I'm Jeff Bellinger for NewsRadio nine seventy WFL. A it's my name on the door. You bet I want things done a certain way every idea has to be best for the client back when I first got into this business financial advisors were mostly tied to those big name companies they had that broad name recognition. But they were restricted in the products and services that they could offer. I just didn't want to do things that way. So even though people weren't exactly knocking my door down at first. I knew in the long run being independent would help me better serve my.

Eddie Lampert Sears Ford Jeff Bellinger IRS Macy Kohl noble Europe Detroit North American International Bloomberg five billion dollars ten percent
"north american international" Discussed on WJR 760

WJR 760

02:48 min | 3 years ago

"north american international" Discussed on WJR 760

"Dollar workday payday on WJR, Detroit. Fifty degrees. Cloudy skies at three o'clock. Good afternoon. I'm Marie Osborne. Democratic leaders will have a chance to rebut. President Trump's remarks on the partial government shutdown tonight. The president is set to address the nation at nine pm. Correspondent Linda Kenyon has the latest from Capitol Hill Democrats requested equal time to respond to the president and the networks agreed house speaker Nancy Pelosi and Senate minority leader Chuck Schumer planned to drive home their position that the government shutdown was triggered by the president and can be ended by the president. They maintain their dispute with Trump over border wall funding that led to the shutdown is unnecessary that it's hurting hundreds of thousands of federal workers and that the border wall itself is expensive and an inadequate way to deal with border security issues. In addition, they planned to remind the American people that President Trump said Mexico would pay for the wall not American taxpayers. Linda Kenyon, Capitol Hill. Right at the eleventh hour, it looks like Sears. The iconic department store. Maybe. Beginning a reprieve Sears has been yanked back from the brink of liquidation again because it's chairman and biggest shareholder has revised his bid to save the iconic brand. The retailer says it's accepted Eddie Lampert bid through an affiliate of his ESL. Hedge fund that could keep four hundred twenty five stores open and save tens of thousands of John's laborat- was given just a few hours to deposit a one hundred twenty million down payment of sorts his bid, then we'll compete next week at auction with others from liquidators looking to shut Sears down. I'm Jan Johnson. Twenty eighteen was a very good year for Detroit's casinos. The Michigan gaming control board reports the three Detroit casinos reported a record breaking one point four billion dollars in annual revenue. The record was twenty million dollars higher than the one point four two billion. Previous annual record sent in twenty eleven the casinos reported a three point one percent increase. In revenue from 2017, though slot machines, they collected one point one billion dollars. While the game tables brought in two hundred and seventy two million dollars. Police in Howell warning residents about counterfeit money. They say counterfeit twenties have been found around Howell. Authorities think somebody's purchasing the bills online and they use them with real bills. Authorities only know if the twenties about the s but that doesn't mean that there are not other denominations out there Stanford. The Detroit auto show, the North American International auto show to be specific the show's executive rod outburts is reminding everyone it promises to be a very big show. We got charity preview again. Again, we've raised.

President Trump president Detroit Sears Linda Kenyon Marie Osborne Eddie Lampert Howell Chuck Schumer Jan Johnson Nancy Pelosi North American International rod outburts Mexico Michigan chairman John