But january was a bad month all of the v. W. Brands combined sold 343000. 00 cars a drop of 11. 3 percent compared with last year the outbreak has come at a time when the car Industry Worldwide is already facing many challenges the diesel gate scandal and the difficult switch to electro mobility are among the biggest for german car makers if the Current Crisis in china goes on much longer it might come to rival those other problems. As it was pandey is tracking this story for us as a lot of stocks paint a different picture today theyre cheering on chinas latest stimulus efforts to curb the Economic Impact of the coronavirus is that going to save europes carmakers. Well investors certainly believe so i mean at this point of time all the automakers are among the top performers and thats so clearly the investors have different ideas they are hoping that the cheaper money is going to drive Economic Growth in china a key market and that is going to actually boost car sales and theyre also factoring in the fact that perhaps corn or wires maybe peaking at this point of time and so thats driving the sentiment as far as the stock market is concerned so the cut is going to be able to ride this one out here ahead. In the short term no i mean if you talk about this quarter we can expect our sales to fall by as much as 20 percent there is just no incentive for people to go down to the showrooms and people are not stepping out at this point of time its clearly bankcard is clearly not their priority at this point of time even if there is enough invented there to make up for the supply chain order the production issues but people are not buying but in the long term analysts tell me that perhaps the carmakers would be able to make up for the shortfall as a fun day for us at our street is thank you very much. The quick look now at how the crowd of viruses 19 is impacting other places in asia. From japan point to a recession economy suffered its worst poorly defined over 5 years a crowd of buyers deadly typhoon and a tax hike of 0 combined to take a toll. I think the civic has issued a profit warning after the Virus Outbreak forced it to cancel the hotfix flight in february and march for cathay it must add another blow off the Turbulent Times in hong kong where street protests depressed flight traffic. Macau will reopen its casinos from thursday theyve been shot in the past 2 weeks to prevent the spread of the coronavirus large numbers of mainland chinese flown to the worlds biggest gambling spending 100000000 dollars a day. And stolen hundreds of toilet rolls during and Early Morning delivery at a Hong Kong Supermarket coronaviruses led to shortages of everyday essential panic buying has made toilet paper in the territory. The virus is also hitting the International Trade hub of singapore officials are predicting a Major Economic downturn the city state may even plummet into recession. Passengers at Singapores Changi airport are going through a rigorous temperature checks after all 75 people have tested positive for the corona virus in the city state so far more than any nation outside china the government has provided masks for every household images from hospitals are standard fare on television at the moment theyre meant to show that singapore is prepared. But they havent stopped some kinds of stockpiling cleaning products in particular are in short supply as are some food stuffs. The government is worried singapores economy will grow a maximum 1. 5 percent this year forecast suggest it could you can shrink by around half a point thats. Because the Tourism Sector has already taken a major hit and people are avoiding restaurants and Shopping Centers last week Prime Minister lee hsien long warned that 1000 had already had a larger Economic Impact than the sars crisis 17 years ago back then the number of visitors to the city fell by 60 percent in a single quarter and the government said losses due to sars totaled around 5000000000 euros. A jury in the United States is awarded a peach grower 265000000. 00 in damages in a suit by and b. S. A. If the claimed aside sprayed on fields near his orchards drifted on to the trees seriously damaging in killing them it was the 1st american case to rule on the we kill or die can be made by the to judge. By and says it will appeal. French train make up has confirmed its in talks to buy the Rail Equipment division of embattled canadian company. The wall street journal reports that allston has reached a preliminary deal to buy the unit for more than 7000000000. 00 is a big employer in berlin but is heavily in debt alston is seeking to expand to compete with china after the e. U. Blocked a merger with zemin swale division. Is following this one for us from our frankfurt offices so is the e. U. Going to. Give the green light for this one do you reckon. Well then its likely that the trust watchdogs will impose a few conditions on this deal as well mainly in the business of smaller trains you know regional trains travel trains underground trains its very likely that the new train maker 4 of us on trains and you will have a bit of a dominant position in this field at least here in europe but the big difference compared to the failed merger of siemens trades and us tom last year is high speed trades here bought by g. E. Is not active at least not as a train builder its just a supplier here so no dominant position here which means that its quite likely a few conditions will be applied but the antitrust watchdogs will likely not completely block this deal ok some of those trains we could see theyre running behind you on the screen or actually built by bomb body but the company is struggling and what i find really strange is the rail travel is so popular right now. Thats true for many many years was the Global Market leader when it came to train building up until this chinese this huge chinese competitor was formed c r r c but paid a high price to maintain this position as you said it has a huge amount of debt and this financial situation will lead to problems with quality in many different fields in the recent years has problem has had problems with customers you know software didnt work deliveries were delayed the pro quality of the works were not satisfactory and that really caused a lot of problems for bombards in this business which is also highly political you know customers which are often governments often also one of the jobs in the country where you know they buy trains and bombards is simply was not flexible and quick enough to operate in this competition. Do you think buddy and olson would be a good fit to take on china. Most probably you know a. Merger would have made more sense if you look at the global scale but the you trust watchdogs didnt want it and we shouldnt forget the chinese are paying a lot of money in order to enter those markets to no european competitor really has this kind of financial backing it will be very difficult for the new company to compete against the chinese even with 75000 employees and 15000000000 euros of turnover o. Connor bosun thank you. Well the returns just wont good enough General Motors is pulling out of a straight a new zealand thailand it will mean the end of the road for the iconic holden brands comment grew up with and love its even got their Prime Minister fuming. G. M. Plans to withdraw its chevy brand from thailand and sell its factory to chinas Great Wall Motors by the end of this year asked new zealand the common to factories says they will wind down sales for its historic holden brand in 2021 g. M. Doesnt see a future in a market share has dropped from over 20 percent in 2002 to just over 4 percent. This was not a decision we took lightly it was an agonizing decision many a. Very strong affinity for this brand this iconic brand including some of the much we work in here. And its no reflection on the capability and commitment of. The employees that they are partners. Holden has been in the car business for more than 100 years and was an affiliate of g. M. Since the 930. 00 s. Over the years holderness manufactured cars not only under its own moniker but also for asian brands like toyota and nissan and australia the decision to shut down was met with shock and anger especially since the company had been given a quarter 1000000000. 00 bailout less than 10 years ago of course disappointed not surprised i think the fact that. Took money from. Just. Watch i think is disappointing and i think at the end of the. Throwing. Money at them at the end of the. Respected at the end of the. G. M. s withdrawal and stronger focus on its whole market in the us will affect 1500 jobs in thailand and just over 800 in australia and new zealand. With here. Blah blah blah blah blah. Blah. Blah. Blah. Blah. They were forced into a nameless mass of. Their bodies mere tools of. History of the slave trade is of africas history. Describes how the greeks for our entry profit plummeted an entire continent into chaos and violence the slow. System created the greatest player and accumulation of wealth the world had ever seen up to that pledge from its very beginnings until this very day schuman tragic shape the place is the journey back into the history of slavery i think will truly be making progress when we all accept the history of slavery as all of our history. Our documentary series slavery routes starts march 9th on d w. This is due in news live from berlin chinas mistreatment of its Muslim Minority weekers all this document that you see right here exposes chinas big lie that the weirdest are simply attending Vocational Training camps i did i mean you sophistication seems to confirm what the wall has long suspected that the leaders are being imprisoned simply because they are muslim also coming up on the rise again not china reports a an increase in the number of people