reputation, affecting both the beloved vws and the other makes that contain vw engines, like skoda for instance. or audi. we're going to take you to france now, where german cars have long been grudgingly viewed as the gold standard. now though, many are having second thoughts. >> hard-wearing and meticulously tested - the volkswagen brand used to conjure up positive qualities in french minds -- qualitis they regarded as typically german. the vw emissions scandal has shocked many of them, including sebastien lameyre. he thought he was buying a clean, safe vehicle when he bought his skoda, a brand that's part of the vw group. >> i bought a german car because the germans are regarded as reliable and honest. but none of it is true. their cars exceed emissions norms forty-fold. i hardly dare to put my young daughter in the car. >> lameyre's daughter has a chronic lung condition. with her in mind, he chose a vehicle that was said to have particularly low emissions of nitrogen oxide. >> let me introduce my daughter heloise. she breathes through a tracheostomy. you can't cheat that. the carbo

more vw diesel models. buy candyagrees to crush maker in a $6 billion deal. welcome to "the pulse" live here in london. i'm francine lacqua. now, let's get straight to our top stories. cutdard charters will 15,000 jobs and raise 3.3 billion pounds after posting as a price loss. ubs net income beat estimates. manus cranny is in zero or he spoke to the ceo of ubs. he told us how difficult the quarter was. >> was very, very challenging quarter. in addition to the everything you mentioned, think about the seasonality you also have in the summer. you go from an environment in which the fed was expected to doe and turned out to exactly the opposite. big changes in the sentiment in emerging markets, what happened in china. so i am very glad that not only we managed the risk of the bank very effectively but also we managed in the good times -- that's the biggest success for the quarter. francine: joining me on site, guy johnson, the chief assetment of brooke management. we are joined by manus cranny. let's kick it off with you. what is behind this beat? manus: yes. one, you have got a lot less

third quarter. >> when we talk more generally in this scandal, the non-vw brands of the vw groups slightly managed to stay out of it in consumers minds and investors minds as well. are all of those brands all very much in the mix now? >> well, they're sharing components and engines. >> they accuse them of using defeat devices and they have that engine. 200,000 units globally so i think it's fair to assume that every brand is being effected here. >> and when we talk about the extension of the scandal, they outlined that that was just 800,000 further vehicles following 11 million. so it's not ground breaking. is this a small extension of the scandal? >> the first number was 11 million. now additional 800,000 even though some of those might be in the 11 million. it seems that vw tries to turn up every stone and they don't know what to expect and what to discover from here and that's why the eu commission has now set them a deadline. they have another 10 days to come clean and provide the information needed. >> can i get your view on a headline that just came through? porsche is outli

manus: volkswagen skids as the scandal even after vw says it has found 40 emissions readings in petrol power engines. a boost to abenomics. shares surge during the company debut in tokyo. european stocks trade higher and the euro weakens as draghi reiterates the ecb is ready to act. eurozone pmi breaking across the bloomberg terminal now. welcome to "the pulse." we are live from london. i'm manus cranny. let's get into those numbers with mark. mark, it is a mess on the composite and a miss on the services. mark: interesting because growth momentum in the euro area could pick up this month after new orders rose at the quickest pace in a year according to the latest market economic data. the purchasing managers index gauging economic activity in the from 53.6 in september. that is below the october 23 estimate of 54. it is well above the 50 mark that divides expansion from contraction, and a measure of new order growth rose to 53.6 from 53.3. this confirms the euro area recovery is proving resilient to a slowdown in emerging markets despite this slide in energy prices and a strong

% in after hours and also helped by higher margins. vw and porsche shares are hitting the skids as a new emissions scandal effects 800,000 cars in europe and looks set to cost another 2 billion euros and here's a discount for you. groupon shares are plunging 25%. this is after the ceo steps down and the deals website issues guidance well below forecasts. >> midweek in the markets everybody. we're looking at the highest close for did dow and also the s&p since july this year. checking in on the implied open, futures are telling us we're above fair value. pricing in gains of 34. should be looking at gains of 10 points. here's the close from yesterday. we closed off the session high. higher at the end of it all and at the highest since july this year. two high profile investors are raising the flag over the federal reserve chief money policies. >> it's going to be real problems. we're walking into a mine field of what's going on with the fed. i think we have problems. >> this is not some permanent boost you've got. your borrowing from the future and there's been such a misallocation of

, they have frozen sales of diesels at vw, and the porsche unit has done the same, and moody's has cut them. report: it cut from vw itself. and said that co2 emissions could have been understated in europe. in a sign of just a much the scandal could damage their image, they were praised for being up front this time. itself investigated this and made it public -- >> the fact that volkswagen itself investor get this and made it public, it is proved that they are taking it seriously. reporter: but vw is not getting such an easy ride from all quarters. the european commission says they want to know more about the co2 emissions. if they exceed the eu limits also, it could face further penalties. as new twists emerge on an daily basis, it is becoming clear that the made-in-germany bran is tied up with volkswagen. that makes the stakes of this scandal all the greater. ben: laz is in new york for us. tell us about reporting on vw. what is shocking is that that dirt flicking up in the face of vw. reporter: this is getting worse on a daily basis, and especially with the american market. this is

getting roped in. it built key components of vw engines and says u.s. authorities are investigating whether a new or participated in the scandal. vw has until friday to tell regulators how it will fix the nearly half a million diesels riggged in the u.s. and it is scrabbling to get drivers on board with gift and free roadside assistance. reporter: muted applause met the chief michael horn at the los angeles auto show. he is struggling to get vw back in the public's good graces. he reiterated his company's remorse for installing emissions test cheating software in its cars and promised an honest way forward. >> we are cooperating fully with the regulators and will continue to do so. reporter: whatever he does to satisfy regulators and consumers, it will be expensive. it has reserved nearly $7 billion to cover the costs of its cheating. u.s. environment regulators have said vw faces up to $18 billion in fines. some experts say the carmaker's while performing markets could offset the costs it is facing elsewhere. >> lucky thing for vw, where they make the most money, china, not the uni

>>> a new emissions scandal effects 200,000 vehicles in europe and looks to cost vw 2 billion euros. glencore is reducing it's debt with asset sales and cuts to reduce commodity prices. marks and spencers shares jumping after they raise dividend and margin guidance despite a drop when it comes to profits. signed, sealed and delivered. shares in japan post surge higher on the first day of trade in the world's largest ipo of the year. >> good wednesday morning. let's get to break news before we get into the rest of the program. we have euro zone, the september composite pmi above the boom bust line of 50 so we're looking at a lead of 53.6. when it comes to the forecast, which would be october, we're looking at an improvement of 50 for the euro, still trading below 110 versus the u.s. dollar. now let's check in on european markets and how they're fairing on this wednesday as we had another boost yesterday on wall street which means we're at the highest since july this year. europe sees green across the screen. the ftse 100 seeing gains. the france cac 40 as well. now one stock i want t

, the company disposed error after conducting after emissions test, vw already railing, that was on 11 million cars worldwide. that comes on the heels of a 5% lost here in the states yesterday. >> cheryl: japanese auto maker honda honda announcing announcing that it will no longer use takata. massive air bag recall case. the faulty air bag are responsible for eight deaths and more than 100 injuries worldwide. regulators also asked to stop making until the company improve that they are safe. it flew they were defective but failed to recall them in a timely manner. >> nicole: that's right, they had a big payout to pay because of it. lots of up arrows, you have positive comments from president xi jinping. the hang seng up 2.1%. nikkei and kospi up. >> cheryl: let's see how europe is following with those asia numbers. kind of a mix bag. you have the ftse, the dax in germany down 20 points. >> nicole: u.s. stock market futures have been to the upside, want 2%, dow futures and nasdaq futures up 6. >> cheryl: let's look at oil, a gain of 5 cents, pretty flat so far. gold up $4. >> nicole: let

cheated on u.s. emissions tests. the environmental protection agency says vw used software on its six-cylinder diesel engines that gave false information during those tests. federal regulators say it was important to let the public know. vw disney -- did not come clean after the first charges. in september, volkswagen admitted it rigged a test on a four-cylinder diesel models. >> vw has once again failed its obligation to comply with the law that protects clean air for all americans. >> the epa says the newly discovered violations include 10,000 vehicles including the porsche cayenne, audi a 6, 7, and 9 model. vw says the new charges are a misunderstanding and it is working to clarify the issue. >>> federal safety regulators plan to add automatic braking to their five star safety rating system. the national highway traffic agency rating is designed to help shoppers find the most important safety technologies to look for in new cars. now, the automatic braking feature will be added to the ratings for the 2018 model year. automatic braking systems using sensors to warn of a collisio

finger? sparks aentral bank stock market surge by publishing five-month-old comments. vw scandal widens. the carmaker says an extra 800,000 vehicles may be involved in another a emissions scandal. the crisis had so far centered on diesel engines. hans nichols has been in berlin. an incredibly busy man. who made this latest revelation? and the price tag that can be attached to it. nejra: hans: volkswagen came up with this last night. they put together a press release saying they discovered emissions regularities with carbon dioxide. up to this point, we have been talking nitrogen oxide. you did mention that the petrol- gasoline engines are affected, but a spokesman says this is a small number. we are basically talking and 1.4 liter engine. leader --.8, and to 2.0 liter engines are also affected, but we don't know how many are affected on the petrol side and the diesel side. we have the volkswagen polo, the a3f, the audi, the a1, hatchback. here is what muller said last night, when he was basically coming clean. he said, from the very beginning i set out to ensure that we merciless

bigger. the government now accusing the automaker of lying on emissions tests not just for vws but also for diesel-powered audis and now porsches as well. >>> and did you see this crazy play? it's all the talk of college football right now. the ref suspended after the game. so that brings us to our question of the day. should miami have won this game, or should duke be able to reverse the outcome of that game? tweet me @gretchencarlson. use #therealstory. it was crazy. let me know what you think of that. right back. ♪ some neighbors are energy saving superstars. how do you become a superstar? with pg&e's free online home energy checkup. in just under 5 minutes you can see how you use energy and get quick and easy tips on how to keep your monthly bill down and your energy savings up. don't let your neighbor enjoy all the savings. take the free home energy checkup. honey, we need a new refrigerator. visit pge.com/checkup and get started today. >>> okay. a big alert to tell you about now because the volkswagen emissions scandal is getting bigger. the feds saying the automaker cheate

higher in europe after a sharp rally in asia. >> vw pays the price for its emissions scandal as auto sales slip in october and the german auto maker losing market share to rivals bmw and diamler. >> u.s. secretary of state john kerry has just arrived at the palace in paris for a meeting with hollande. this after he called on the u.s. and russia to unite in the fight against the isis in syria. france has launched a second night of air strikes on the country in the wake of the paris terror attacks. addressing both houses of parliament he will also be meeting with barrack obama and vladimir putin to discuss a joint strategy. >> we all need a coming together of all of those that can really fight against this army of terrorists in the form of a large and unique coalition. that's what we're working on. it's in this spirit that i will meet with president obama and president putin in the coming days to unite our forces and reach a result which has been put off for too long. >> russia has also confirmed that a bomb did down a russian aircraft over egypt last month. vladimir putin says mo

down. these levels. i will leave it there. back to you, rish. this vw diesel scandal is expanding, with the luxury brands, and they environmental protection agency in the u.s. is saying that some kerry emissions cheating software. carrie -- carry emissions cheating software. it does draw in the porsche and audi names, and there was the man promoted to deal with the scandal, and vw is now saying that the epa is alleging that a software function in some engines had not the adequately described in process. now, vw, of course, is denying it. they say no software has been installed in those engines to thate emission results in way. whether or not the latest allegations are true, there is the reputation in the u.s. at the time when other carmakers are doing pretty well in that market. nissan just raised its full-year forecast with a boost and demand from north america. the net income target was less than 10% of $4.4 billion, and the operating profit forecast up more than 8%. back to you, rish. ofh: the reserve bank australia coming out with the latest policy statement. they are not real

. alison: now 7 on your side with a consumer alert -- vw's effort to please unhappy call her owners is not going as well as the company had hoped, so vw is offering a thousand dollars in gift cards and bouncers to owners of diesel powered cars involved in the omission scandal. some vehicle owners say that is not enough and they want vw to buy the cars back. they are concerned they will not be up to resell the cars because of the scandal. leon: 7 on your side is here to help. alison: if you need help from the 7 on your side reach out any time. the e-mail address, tips@wjla.com. leon: thank you for joining us this evening, and remember 7 is discover the world animals, seen those before but sometimes they do it on their own mmm foot wow food for giants oooo no wonder no one has eaten this sandwich kids discover the world with their mouths detergent is harmful if swallowed, so keep laundry pacs up and away from children brought to you by tide with cleto and the cletones. >> announcer: from hollywood, it's "jimmy kimmel live!" tonight, anthony anderson. from "the hunger games," jena malone.

: now to the volkswagen scandal. germany's transport minister s signaled more problems coming vw's way. outsider dortmund says -- alexander dortmund says taxes will have to be factored in somehow. either the company pays or they get passed on to the consumer. reporter: in germany, cars are taxed based on their emissions levels. that means, car owners would have been paying less sachsen they should have. the incentive to understate to attract customers is high. the minister says it is depriving german state coffers of 108 billion euros of revenue every year. the emissions scandal has severely tarnished's green -- tarnished germany's green credentials. >> consumers another countries trust the made in germany brand as a mark of quality. it's a really strong indication of good quality control. if it turns out the german authorities fail to carry out proper checks, that is likely to have a big impact, not only on cars, but many other products, too. reporter: the consumer protection group says the volkswagen scandal is only the tip of the iceberg and that cheating on emissions tests is endem

an cz:7 lfooba 5 veor 5mota vw:6 ntcla:5 mlona--ces esa prme psan tier lun 4a s ezta vo -umtal erdeiÑ qu vjasos trla frte dmxo loesdo unosnoe er u pta eecl ea tci-- keo/ana imen deolor q esanl shlon rto napad p u drn.eenem m dess abi ta vlo-spren oyn cteel spho dabr egenna ina "and paenoo ecora.. procpaes z.. ke vo --exrt denuel el rre unvecid nc tevia, usde cantieo lol,lou entlmteod pvor umton nelelarn laprm dad..--en deseprialoro nt l case ely go pdtoeldehio. --es sda coc cnd er mdiesst eudoenarbuan sucnepa cbar mb cmto. junf/vox- hlao trein aurad feres crmean dis gudaenreran la jua 1 jese ta qu ptipnese y s eon ddiiereena cofenc iercialob "mb cmto. ps esn teug, e ere alzan ri pteasn fent paese ana se el brn phi q s eftemafeacne maiv..-- eerquma 0 l peon mch h ela ll pisas. lenta v--el redee amdi h epas,uestosnis ecocsuap ela crcideosroem eel mb cmto, tbise omote herlgal reeo.. -l ndar pt rblpara d fursi noe toanccneagsis ra er s isnede rbo. - omae un cosu hoogcho, den l poana q aosas e orneenauc ctr ecaioliicy e ha "anarci elo fuzoquselen bo uaraakvo--l sta dunerdas alora tomotio c

reform. jonathan: the vw scandal widens, vw says additional vehicles may be involved in their scandal as they found faulty omission readings in petrol vehicles. it had centered on diesel vehicles. hans nichols has been in berlin. take us through the latest twist. who made this latest revelation? what is the price tag that could be attached to it? hans: they came up with his last night and said they discovered emission irregularities. we were talking that nitrogen oxide. jonathan: do we need to talk about corporate communication, vw is messing this up in terms of pr? hans: i would not go that far. they are doing crisis management 101 which it gets to the bottom of what they know and the minute they know it, they disclose it. we are six weeks into the scandal and they discovered they have a carbon dioxide irregularity as well as a nitrogen dioxide irregularity. the bigger issue is that we don't know how consumers will react to carbon dioxide. right? this goes hand-in-hand and is a direct relationship between will -- fuel economy and carbon emissions. if you have been cheating on your ca

. next, vw, bmw beats and the third quarter. jon: welcome back to bloomberg tv. live from the city of london, the fog has cleared and the ftse 100 is doing absolutely nothing. let's get you up to speed on bloomberg's top stories. the reserve bank's of the key benchmark rate while opening the door to cuts in the future. the outlook may for the scope for further -- further easing of that policy. will cut 15,000 jobs by 2018 after reporting and on accepted quarterly loss. raise 3.3ays it will billion pounds in a rights issue. activision blizzard has agreed to buy king digital entertainment for 5.9 billion pounds. candy crush maker king digital has fallen more than 30% since the height in july of last year. there are some of the top stories. let's get to some of your top stock stories. nejra: there is a lot moving today. i will focus on three. lower today as one of the worst performers on the stock 600. net incomes more than doubled in the third quarter. it was a beat. legalprovisions for probes. that helps them swing to a profit. year's also pushed next profitability target back a year.

investigation to include about 10,000audy and vw models. in any impermissible way, the latest charges follow vw's emission 11 million cars worldwide. >> nicole: two giants in the video game industries are joining forces. maker of 2012 hit candy crush saga. $24billion in cash. the deal works out to $18 a share. the name behind call of duty and also war of world craft and will give a foothold of smartphone gaining. better than expected earnings. >> cheryl: let's start with asia right now. asia markets, we should say japan's market was close overnight for holiday, shanghai composite and kospi i i edging over night. >> nicole: the cac is slightly lower. >> cheryl: tuesday morning of trading, we are down just slightly, the dow futures and s&p down 3 on s&p and 26 on the dow. >> nicole: bringing on the commodities. a mix bag here is oil. about a quarter, 46, 42, gold pulling back. >> cheryl: here is how the dollar is trading against key u.s. currencies, anyway, here is the dollar versus the euro, canadian dollar and the peso, anyway the dollar is trading to the downside. >> nicole: yield on ten-ye

engine. anna: we have u.s. auto sales, the other big event in the auto 24 hours. vw doing better than anticipated in those numbers? hans: the brand itself came in flat, basically 0.24%. a slight increase. but given the sort of bad pr month they have had, you expected little lower. auydi came in 17% higher. look at the other numbers, a lot of u.s. automakers had a very good month. these are october figures. you see fiat chrysler, toyota up 13. gm leading the pack at 16%. we saw the last two months is the best two months in the last 15 years, annualized rates of 18.2 million vehicles in the u.s.. that market is strong. as we saw from the figures on the audi side, luxury and he's holed up in the state. nicholse work, hans joining us from berlin. anna: plastic with mccarthy. tesla surged on news that will deliver at least 50,000 vehicles this year, set to unveil its more affordable model 3 next month. corey johnson has more from san francisco. reportedla third-quarter earnings. it was quite a doozy. they sold more cars than ever before and lost more money than ever before. $937 million, s

in the road for vw. u.s. regulators expand their investigation into luxury cars dragging porsche and audi further into the scandal. >>> despite an incredibly strong october we managed to get a little bit of gains in europe yesterday and the same is true once again despite a negative open for the stoxx 600. it takes us into 20 basis point of gains so far today. let's have a look at the individual markets. where is that playing out? we have the ftse 100 up today. it was down yesterday weighed by the mining sector because of china's pmi. germany is just below flat. france the other side of flat where as italy is up a nice 0.6%. >> checking in on shares of standard chartered bank. they raise $5.1 billion in capitol and this is part of a radical overhaul being introduced for the new ceo. they'll also slash some 15,000 jobs and close some 10% of its branches. it also follows a 3rd quarter loss in performance and described as being disappointed. the first quarterly loss since the asian financial crisis. he had to go back to 1997 and they announced this $5 billion rights issue so for every 7

gerri willis and gary gastelu. gerri willis, was porsche doing the same thing as regular vw was doing? >> it would appear to be. 2015 porsche cayenne is megamodel in the cross-hairs of the epa. audi a6 quattro. , the audi a 7 quattro and s5. these are popular of upper middle class. people are asking themselves serious questions. what is interesting about this, vw is pushing back. vw is saying you guys got it wrong this time. david: i actually got a quote, from a vw spokesperson who says, and i'm quoting what the issue is clear does the u.s. want competition in the american market or not? clear, gary, what they're saying or implying that there is crony capitalism that the epa is being used by american car companies to keep out competition. any truth to that at all? >> it is very possible that the epa might have jumped gun on this. independent tests when you test them on real world roads they emit more emissions than in the lab. doesn't mean they have cheater software. volkswagen fessed up to cheater software on other 11 million cars and trucks in this case they said it was not th

then we first learn. vw is disputing claims but as kelly wright reports, analyst say the damage is already done. >> reporter: more trouble for volkswagen as company's emissions scandal continues to grow. german auto maker previously admitted to rigging tests on millions of its cars, and an monday vw also installed software, designed to defeat emissions tests on a additional 10,000 vehicles. >> vw has once again failed to comply with the laws that protects clean air for all americans. >> reporter: according to federal regulators the the latest violation involves vehicles with largest diesel engines including certain porsche and audi models. >> we are issuing this notice of violation because we have clear evidence of these additional violations and we thought it was important to put vw on notice, and to inform the public. >> reporter: epa says software enables cars to drive more powerfully on the road, as opposed to when being tested. that results in the vehicles emitting nine times more nitrogen oxide pollution to be allowed. >> to see that kind of malice, just disregard, as opposed

deal. activision agrees to buy king digital. and revving up. -- the wvw-he vw emissions scandal spreads as they include the -- audi and porsche. welcome to "countdown." it is a busy morning. let me walk you through where we stand right now. the banking sector is front and center. the -- the news from standard chartered rocking the banking world this morning. bill winters is cracking on with changing this institution. let me show you the share price reaction. standard chartered, from top to bottom, 8% drop in hong kong. we will see how we trade through here in europe. ubs has just been breaking as well. in terms of the headline numbers, we had a net income 07 billion swiss franc. looking through the numbers, i would say that the asset management division has slightly underperformed. few misses,is -- a a few gains. manus cranny is going to be talking to the ceo later on. really looking forward to hearing what he has to say about his bank and where it goes from here. 6:45interview coming up at london time the a big focus on the banks in london and in europe and in hong kong. let's get the

could cost vw more than $2 billion to fix these new problems. vw's stock sliding again this morning down as much as 5%. >>> well, the e. coli outbreak linked to chipotle restaurants in the northwest is growing. at least 37 cases have been reported. scientists have now identified the microorganism responsible for the outbreak. they believe it was carried on fresh produce like tomatoes, lettuce, cilantro or onions, possibly even spices, as well. >>> a couple of airlines have a holiday gift for travelers, higher baggage fees. merry christmas. that's some sort of gift. spirit airlines is continuing what it started last year, hiking fees for checked luggage on flights during the holidays and frontier airlines is following suit charging an extra $5 to $10 for checked and carry-on baggage for flights between thanksgiving week and just after new year's. >> that gets a bah humbug. >> it does. scrooge. you're welcome. >>> when we come back, another tragedy on the field. a young football player losing his life. so what happened in this latest incident? >>> and lucky escape, a plane crashing, b

manufacture and shipping of steel deck pieces needed for the bike path. >>> u.s. regulators so vw is cheating on even more emissions tests. environmental protection agency says vw installed software designed to defeat the test not just on their four cylinder engines but also six diesel engines, as well. some were emitting nine times the pollution allowed. the german automaker blames a small group of software engineers. >>> bart plans to make it easier for passengers to shop while they commute. as kpix 5's cate caugiran reports from san francisco, retail pods are popping up at bart stations. >> i have never seen anything like this. >>> reporter: bart commuters see a pop-up shop that looks like an ikea catalog. we were there when they set them up. they are retail pods in all 44 bart stations. you can buy make up to headphones, pick up and drop off laundry and dry-cleaning. >> it's nice for busy people. >> it's convenient. i like the idea. just makes one of the symptoms for errands and such. >> it will be helpful for people without time. >> reporter: bart ridership is at an all-time

on emissions tests. st week, vw took the unprecedented step of halting sales of all diesel vws and sorts things out. lksw en's stock has been cut in half since the cheating story first broke. and with thanksgiving only two weeks away more and more retailers are announcing their intentions of whether they'll be opened for the holiday, toys r us saying it'll be open at 5:00 p.m. on thanksgiving to give shoppers a head start on black friday deals. sears, macy's, and staples said they will be open o thanksgiving. walmart has yet to announce its intentions, but you can be sure it'll be open on thanksgiving last year the number o o brick and mortar retailer said that 22 million customers shopped its stores. walmart stores on thanksgiving. so you can imagine they'll want to take advanltage of that opportunity again. >> i'm still amazed that people have the energy after eating all of that food to go shopping. >> yeah, it hasn't kicked in yet apparently. >> all right. take what they can get, thanks so much. >> see you tomorrow. >>> feels like fall again. >> yeah. >> after last week. >> how

dealer lots because they can't be sold. to bring in customers, vw boosted incentives by almost 30% according to one research firm. despite the strong demand and near record sales, some automakers are offering even greater incentives as they ahead into the end of the year. ford is now offering even greater discounts on virtually every model as it hopes to win back a greater share of the u.s. market. if those are a hit, look for other automakers to match what ford is doing in november and december. phil lebeau, "nightly business report," chicago. >> so will auto sales continue to thrive in an economy that is growing in fits and starts? let's asks are rebecca, senior analyst at kelly blue book. one of my favorite web sites because i'm a car junkie. so the basic question is, why are auto sales so strong if the economy is so tepid? >> well, tyler, first thanks so much for having me on. >> nice to have you. >> so i think that it's a combination of things. you know, people have been really on the sidelines. the average vehicle age is still well over 11 years. so there's a lot of old cars

south africa also has their gripes with the germans. reporter: the fallout of the vw emissions scandal has reached south africa. volkswagen plans to invest 300 million euros, and three new models were supposed to roll off the assembly lines to be sold locally and abroad. but now, these plans have been called into question. there is uncertainty for other german investors in south africa also, but for other reasons. the country's infrastructure is in poor condition. this bridge is a tragic symbol of the problem. last month, a temporary structure collapsed on a highway in johannesburg. two people died, and many were injured. power cuts are a daily occurrence. they highlight the situation and put additional strain on the economy. the country's power plants are aging. recent years have seen it too little investment in maintaining the grace, and the mineral rich country is seeing trouble with pricing. the economy dropped to 1.4%, and this year, 2% growth is expected, according to government forecasts, but that is not enough to trigger a job boom. many are out of work. after apartheid, millio

emission scandal is getting vw installed emission test cheating software on more cars than believed. vw admitted to rigging tests. six cylinder engines were tampered with. it expands to porche and audi. they are threatening to fine $30,000 per car. >>> thousands of pounds of ground beef have been recalled due to e. coli. all american meat of omaha issued that recall. it was shipped nationwide in 50 and 80-pound boxes. a sell by november 3 and establishment 20420. anyone with that product should it away. >>> the e. coli outbreak that temporarily shut down dozens of chipotle restaurants was likely caused by contaminated vegetables. they received at least 100 calls and e-mails from people who recently ate a chipotle at got sick. so far only three cases have been confirmed as e. coli contamination. yesterday. >>> a new study is raising concern over rear-facing car seats this morning. if found infant crash test dummies had serious head injuries in rear-end car crashes. the injuries were more severe when they were attached with latch anchors instead of seat belts. infants and young childr

5:00, vw facing more fallout. tonight, we're learning how a timer may have helped their diesel cars cheat an emissions test. new details now, in a story we broke last friday. a drive by shoting in san >>> pass along new details on a story we broke last friday night. a drive-by shooting in san francisco. police say the two victims were teenagers. that shooting happened near the northern police station. not far from city hall. the corner of fillmore and mcalister streets. a car with four men inside shot a 19-year-old on the sidewalk and then opened fire on a 16-year-old boy standing nearby. both teenagers are expected to recover. no arrests have been made yet. >> well, the oakland security guard caught on camera assaulting a student in a wheelchair was sentenced today. the man was sentenced to five years, felony probation and either anger management classes or community service and ordered to stay away from the victim and is barred from working as a school employee while on probation. mitchell claimed the teenager had been threatening his life and spitting at him before the attack. >>

fell by 5.3% this year on the same month in 2014. vw attributes part of the fall to temporary sales ban on diesel cars in western europe. october was the first full month of training after vw's admission in september that it had been cheating on a mission tests. at global leaders will be gathering in turkey to talk about the state of the global economy this weekend. the discussions may be overshadowed right the division over the war in syria. it is also seen as a chance for leaders to get onto the same page on climate issues ahead of a u.n. summit in paris. to awe're going to turn spice that is worth its weight in gold. iran is the world's biggest producer of saffron, but the industry in the islamic republic has been way down by sanctions in recent years. western powers are preparing to ease those sanctions. iranian saffron makers are hoping for a boost. reporter: it has been called iran's red gold. early in the morning, dozens of women come to harvest these flowers, known as the saffron croaker's. cçç 11/13/15 11/13/15 [captioning made possible by democracy now!] amy: from pacifica,

-- vw says the use of devices has been extended back years, back to 2000 and the description comes when the german automaker meets for a recall class. in some cases hardware overhauled or exchanging or buying back the vehicles. the company is bracing itself for a multimillion -- multibillion euro bill. they will have a huge cut to investments next year. reporter: employees in germany do not have to fear for their jobs. but the company has announced it will scale back capital expenditures by one billion euros to deal with the admission scandal. >> we will struggle he prioritize all planned investments. anything that is not absolutely necessary will be canceled or postponed. reporter: instead the company wants to increase spending on alternative technologies. >> we are definitely not going to economize on our future. on the contrary we will focus our investment on future technologies and the reorientation of our models. on friday, new details of the emission scandal were revealed. vw officials told environmental authorities that the use of cheating devices began five years earlier than or

tonight. trying to control, vw win back customers after in omissions cheating scandal. the news starts now. >> now, abc 7 news at 11:00, on your side. france is retaliating after the worst attacks in paris since world war ii, the french military launching massive syriaikes against isis in tonight. the police have made several arrests, but more searches continue for members of the sleeper cell that carried out the violence. several key suspects were stopped, then released by the police after friday's attack. tributes continued across the world with president obama ordering american flags to be flown at half staff at the white house and all government buildings. marci gonzales is in paris with top story. in parisquiet evening after panic earlier today, the sound of fireworks sending people running into the streets, ducking for cover. this is clearly a city still on edge. momento's of morning filling the sidewalk surrounding the scene of friday's terror. one of them in the police a is responsible for the attacks that killed 129 people is still on the run. french authorities launched an in

emission tests for a second time. the epa claims vw installed software to rig tests on 10,000 new luxury vehicles sold in the u.s. including audi and porsha models with six cylinder diesel engines. the 5u9 thoughmaker tells us those car did not have the software. vw has admitted 11 million vehicles cheated tests. >>> automatic braking added by the government to its rating system. that system.designed to help consumers identify the most important safety technologies in new cars. automatic braking warns drivers of a collision and engages the vehicle's brakes automatically if a driver does not. it would be added to the rating system starting with 2018 models. >>> public health investigators in washington and oregon expect new cases of e. coli to be reported today. chipotle has closed 4 restaurants till the results are in. investigators believe the outbreak may be linked to produce. >>> amazon is going retro opening its first brick and mortar store this morning in seattle called amazon books. it will stock about ,000 titles including best sellers and am done customer favorites. the ma