phil lebeau will bring the latest. and apple taken to the wood shed on worries of the mac pro and iphone 7 sales. >>> first, we start with the big selloff on wall street as we are one week away from the u.s. election. the dow down as much as 200 points at the low. the s&p 500 closing at its lowest level since july 7th. and the nasdaq locking in its sixth straight day of losses for the first time since april. you have the vix soaring, gold jumping, high yield down in the last six and small cap stocks getting hit the hardest. so are election fears finally taking their toll on the market? are things only going to get worse? ahead of next tuesday? guy. >> things only going to get worse. that implies the market continues to sell off. i'm not convinced it's election fears. we're going to have that conversation. to me, more technicals. why is it technicals? i'll give a quick example. last night you've got great data in china, right? great data. what i thought was pretty good data here in the united states this morning. we wou

>>> next we head to terre haute, indiana, and phil lebeau. >> the line in terra hoet, indiana, wound its way through two aisles to cast a ballot. >> i voted for trump. because the thought of having him president is less scary than having hillary as president. >> i voted for hillary clinton, because i just don't think donald trump is ready to be in office yet as president. just don't think -- i know she's kind of crooked, but my best choice right there. >> for most of the people here in tarater host, their number one concern is picking a president who will get the economy growing at a faster clip, because in this area, there's a sense that terre haute is not seeing the benefits when it comes to the economy. >> everybody wants prosperity. and so when they're going to vote, i think that's what they're voting for. they want something dramatic to happen that's going to change so

phil lebeau has more on ford's decision. >> reporter: it's not a huge selling model for ford, but the lincoln mkc has become a big deal for president-elect donald trump and his promise to protect american jobs. while running for president, donald trump repeatedly blasted ford for planning to move to mexico. ford said it would still build models where costs are lower. then came this tweet from donald trump. just got a call from bill ford, chairman of ford, who advised me he will be keeping the lincoln plant in kentucky. no mexico. so why did bill ford agree to keep mkc production in the u.s.? officially, ford said it's always reviewing production plants. but this move helps the company in two ways. it allows donald trump to take a victory lap for saving jobs while not having an impact on the automaker. the company billed last year and while ford was planning to move the model out of louisville by 2019 and would have likely shipped to mexico, keeping in kentucky doesn't change the company's overall production blueprint for the u.s., canada and mexico. >> you have to keep in mind, the pr

phil lebeau, "nightly business report," chicago. >> i've got one. >> you love it, right? >> i do. i really love it. it's so much fun. >> we have so many people out west this summer, so many people rv having. it looked fun. >> i can drive it, i just can't back up. that's "nightly business report" for tonight, i'm sue herera. thanks for joining us. we want to remind you, this is the time of year your public television station seeks your support. >> and i'm tyler mathisen. thanks so much for your support. have a greet evening, everybody. see you tomorrow. [wind] ♪ largo from symphony no. 9, op. 95 "from the new world" by antonin dvorak ♪ [thierry fischer] for one hundred years the national parks have been part of the nation's commitment to preserve rare and beautiful locations. for each visitor they represent something unique. i'm thierry fischer, music director of the utah symphony. join me and the utah symphony as we celebrate the 100th anniversary of the national park service with the beauty and sanctuary of utah's five magnificent national parks. ♪ ♪

phil lebeau, "nightly business report," chicago. >>> take a guess. how many u.s. auto and auto parts manufacturing jobs have been lost over the past ten years? 1 million? a half million? the answer, according to the bureau of labor statistics is about 133,000 off of a base of a little more than 1 million. so what happened to those jobs? why were they lost? where did they go? here with answers is bruce bellxouski at the university of michigan transportation research. good to have you with us. what happened to nose jobs? >> well, if you look over the last ten years, it's the recession. and that the major issue having to do with that had to do with the reduction in sales that happened, particularly during the recession. where you look at your previous segment that talked about sales being at record levels, we're looking at over 17 million vehicles a year. but now that at that time, it went down 11 million. so the factories had -- >> go ahead. >> some of that went to -- some had to go -- deal with the reduction in market share by the manufacturers. which also led to r

phil lebeau, "nightly business report," chicago. >> i've got one. >> you love it, right? >> i do. i really love it. it's so much fun. >> we have so many people out west this summer, so many people rv having. it looked fun. >> i can drive it, i just can't back up. that's "nightly business report" for tonight, i'm sue herera. thanks for joining us. we want to remind you, this is the time of year your public television station seeks your support. >> and i'm tyler mathisen. thanks so much for your support. have a greet evening, everybody. see you tomorrow. >> young composer, singer, and entertainer ethan bortnick celebrates the power of music. >> ♪ it's all about music... ♪ >> with special guests "glee's" damian mcginty... >> ♪ when you need a friend >> and grammy-nominated singer jane monheit. >> ♪ what about us [playing "minute waltz"] >> ♪ crocodile rocking is something shocking when your feet... ♪ >> join ethan in sharing with the world the power of music, next. >> ♪ we are the children >> the frankenmuth brewery, founded in 1862 and located in the heart of historic

phil lebeau reports from carson in the golden state. >> the roar of the engine says it all. porsche's new experience center in southern california is for those with a thirst for speed. >> it's very important that our customers have an opportunity to test their cars up to the limit and test their cars on a track like this. >> 4.1 miles of track filled with twists and turns as well as a skid pad for doing a doughnut or 2 gives porsche's experience center a wide variety of driving options and that's the idea. porsche spent $60 million creating a place it hopes will attract not only fans of porsche, but luxury sports cars in general. people who make california the biggest and most lucrative market for these high-end cars. >> we most of the cars we sell in the u.s. we sell in california. our customers in california are very passioned for our brand. they are racers and therefore this track is a very good opportunity. >> so what's it like to push a porsche over 100 miles per hour? it's quite a rush. porsche believes this is what will convince thousands of visitors to pay between $3

phil lebeau, "nightly business report," terre haute, indiana. >>> kayla tausche in boulder, colorado. >> in battleground colorado, more than two-thirds of ballots are cast by >> i voted in my room. mail order ballot. so i just filled it all out and dropped it off. >> some 2.2 million votes counted as of election day. the two candidates taking decidedly different approaches here. trump on offense. >> by the way, we're doing extremely well. you do know. >> visiting the state personally 13 times this fall. clinton playing defense. relying on ad spending by super pacs and high-profile surrogates in the home stretch. >> you live in a state that is right on the edge. the election is going to be decided by the turnout tomorrow. by the margin here in boulder. by the number of you who agree to go out and convince others to go to the polls. >> turnout by millennials, especially hispanic millennials, will be closely watched. >> i think that we make up the biggest voting block now as millennials and i think that will be the legacy of this election is that millennials' voices were heard. and we de

phil lebeau, "nightly business report," chicago. >> to read more about why drivers are holding on to their vehicles for a longer period of time, head to our website at nbr.com. >>> toyota will recall more than 740,000 sienna minivans for defective sliding doors that could open while the vehicle is in motion. the model years are 2011 through 2016. the automaker says it is currently developing a fix. >>> coming up, why the business of hollywood has a lot riding on the upcoming weekend. but first, a look at some of the stocks that hit all-time highs today. ♪ >>> here's what to watch tomorrow. the federal reserve will release the minutes of its last. nothing beats some good minutes, offering investors hints of what it may do next. >>> home sales due out. new home sales. and a handful of other economic data will be released, including jobless claims. durable goods. consumer sentiment. and that's what to watch tomorrow. >>> meantime, a federal judge has blocked the obama administration's rule extending overtime pay to more than 4 million americans. it was supposed to go into effect decem

phil lebeau, "nightly business report," chicago. >> and finally tonight, president obama pardoned the national thanksgiving turkey for the final time. and he wasn't at a loss for turkey pun. >> i want to take a moment to recognize the brave turkeys who weren't so lucky. who didn't get to ride the gravy train to freedom. who met their fate with courage and sacrifice and proved that they weren't chicken. >> well, after speaking, the president met tot, the turkey of clemency, and his backup, tater. tot flapped his wings as you see there. obviously not balking at the pardon. the two birds will live at virginia tech, university, whose mascot is the hokey. another name for turkey, i'm told. >> i think that is absolutely correct. that does it for us tonight. i'm sue herera. thanks for watching. >> have a great thanksgiving, everybody. i'm tyler mathisen. we'll see you tomorrow for a special edition of nbr. narrator: coming up on "quest" -- a nasa rover looks for signs of ancient life on mars. [ all cheering ] mckay: we know it had water. it had rivers, lakes, maybe even an ocean. narrator: a

phil lebeau is at the first big show in los angeles where executives are talking about the president-elect and the new cars and trucks that are turning heads. >> reporter: in a city of stars, no expense is spared, rolling out dream cars. take the $323,000 mercedes cabriolet. mercedes expects strong sales of a rich vehicle only the very rich can afford. >> we are only building 300 worldwide, and we're only bringing 75 to the u.s. we will have a situation that we already see where we have more demand than we actually have cars available. but i think that's the right strategy. >> reporter: l.a. remains the center of america's luxury vehicle market. but it's also become the largest market in the country for pickup trucks. which is why gm chose l.a. to roll out its new chevy colorado zr2. >> what we know here is that there's a lot of people who want to go off-road. they really want a capable vehicle. i can tell you, this is seriously capable. >> reporter: but amidst the new models, automakers are facing questions about doing business during the trump administration. fuel economy standards drop,

phil lebeau is in chicago with more. hey, phil. >> scott, this is important. you hear so many people talking about we're at peak autos. people aren't going to buy new vehicles any more. there is still pent up demand out there. look at this data. every year, they analyze vehicle registration data and basically what they found is that right now, the average age of a vehicle is 11.6 years, up slightly from 2015. that is a record high. and 23% of the vehicles in the u.s. are 16 years old or older. that means they're built in the '80s, '90s, up to 2000, 2001. this is the chart i was talking about. i love this chart. because this shows how long new vehicle buyers on average are holding on to their vehicles. back in 2000, four years. now it's more than 6.5 years. some of that is because vehicles are more expensive and stretching out loan payments. the other reason, vehicles are much more reliable. >> people hung on to their vehicles for, 100,000 miles. that was a pretty good stretch for that vehicle. now when that vehicle is 11.5, 11.6, as average age, you're now tal

phil lebeau is following the story. >> reporter: brian, we'll run down what tesla has now that has officially merged with solarcity. and more interesting are the comments elon musk had to say about whether or not the trump administration drops incentives for electric vehicles. what did he have to say? we'll tell you when "fast money" returns. what's going on here? i'm val, the orange money retirement squirrel from voya. we're putting away acorns. you know, to show the importance of saving for the future. so you're sort of like a spokes person? more of a spokes metaphor. get organized at voya.com. [ that's a good thing, eligible for medicare? but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in out-of-pocket medical costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare

phil, thank you. phil lebeau joining us from terre haute. let's look at the mexican peso, a barometer of electoral sentibility right now. we do see the peso strengthening, which would indicate that markets believe hillary clinton is in the lead. still in the lead. in some sort of lead with donald trump right now. so one of the things we're watching. in addition to the features, in addition to gold. et cetera, et cetera. >> it's halftime, baby. >> it is. still a long night ahead. meantime, still ahead, the traders will tell you what they're watching for tomorrow, right after this. you do all this research on a perfect car, then smash it into a tree. your insurance company raises your rates. maybe you should've done meantime, still ahead, the for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you 24/7. call for a free quote today. liberty stands with you™. liberty mutual insurance. this car is traveling over 200 mi

phil lebeau teasing fast money that is fantastic. thank you, phil lebeau. number two, we will talk about -- i like to read through the tesla stuff. back to electronic arts. they say no more of this nongap stuff. we are going to gap earnings. why is that interesting? because gap stands for generally accepted. why do we accept nongenerally accepted? >> we put it over there. >> they keep saying they are going to crack down. have you seen them crack down? >> they have written the letter. >> how many companies do we talk about here? >> but the fact that ea has now said it will come out and can't compare. at least they are moving. >> kudos to them. >> we would like everybody else to follow suit. >> i agree. and i'm still going to be glued to the elon musk show when he tries to explain to us yet again how this makes any sense. >> they talk about cash. what is the debt picture. you can put in a lot of cash but what are you paying in debt? >> there has been a flurry of announcements from elon musk. is that part of the strategy to dazzle people with here is what we a

lebeau, thank you very much for chasing that one down, phil. this confirms what i suspected walking into the studio tonight. thank you, phil. >> reporter: you bet. >> so eugene robinson, this is one of the reasons that a white house very carefully monitoring any outgoing messages about anything in the world. whether it's in kentucky or whether it's in a foreign country. but donald trump with the twitter machine just let's it fly. >> yeah, you know, imagine if he's president of the -- when he's president of the united states, if he sends out a tweet like that about where missiles are being moved in europe, for example. you know, and, oh, you know, no missiles in poland or something like that. that is not the first time donald trump has used twitter to take credit for things that he had no involvement in or things that were, indeed, of his imagination. and i anticipate, and i certainly hope, that once he gets to the white house, they'll get the phone away from hum and we won't have to risk international incidents over this sort of thing. >> but s

phil lebeau has more. >> reporter: in a city of stars, no expenses spared rolling out dream cars. take the $323,000 mercedes cabreloet. mercedes expects strong sales of a rich vehicle only the very rich can affordment. >> we are only building 300 worldwide and bringing 75 to the u.s. we will have a situation that we already see where we have more demand than we actually have cars available. but i think that's the right strategy. >> reporter: l.a. remains the center of america's luxury vehicle market. but it's become the largest market in the country for pickup trucks, which is why gm chose l.a. to roll out the new chevy colorado zr2. >> we know that there's a lot of people who want to go off road. they want a capable vehicle. i can tell you this is seriously capable. >> reporter: amid the new models, automakers face questions about doing business in the trump administration. will fuel economy standards drop and will cars built in mexico but sold in the u.s. face a 35% tax? it's a move that could cripple auto sales. >> what the automotive business is is an international business of

our phil lebeau is live with a special guest. phil, over to you. >> thank you, kayla. we are joined by scott keogh, ceo of audi north america. showing off the new sportback, back here. tell me why this is the right time when it goes on sale next year. >> we launched the a-7 five, six years ago, and what it did was basically double our market share in the segment. so, this combination of a smart sedan packaging with the coup styling works. we call it a sportback. the equation is simple in the luxury car market -- make a beautiful car and things will sell. we think that's what we've done. >> and right next to the f-5, and we'll showing that right now, we have the q-5. you've got the new q-5, and production is beginning in mexico. >> right. >> and you know the story about what's happening with discussion about vehicles built in mexico imported to the u.s. >> yeah. >> if there's a 35% tax that's slapped on an suv like that or any vehicle, how much would that hurt auto sales for the industry? >> well, here's the first thing. i think what we like about the q-5, that segment

phil lebeau. >>> when we come back, president-elect donald trump says he's cutting ties with his business, handing it over to his kids. easier said than done, though. we're going to break down the details on that. dow's up 80 with goldman adding about 60 of that. ♪ ♪ ♪ is it a force of nature? or a sales event? the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. (bing) >>> let's get to the cme group, rick santelli on trump's economic cabinet picks. hey, rick. >> absolutely! you know, normally the picks of the day, i've been looking is it going to be treasury, oil, equities? but the picks of the day today, steve mnunchin, treasury secretary, wilbur ross, commerce secretary. why are they important? and why is there going to be some controversy? you heard our last guest. listen, i get it. i get it. you know, the whole drain the swamp, wall street, all of that relates to many. it strikes chords, especially when we think about the bailouts and the stimulus plans and everything that went wrong bet

that's phil lebeau outdoors in chicago. donald trump also said in an interview the "new york times" recently that he spoke with apple ceo tim cook about bringing jobs back to the u.s. in their conversation trump told cook he wishes apple would build a big plant here. he said i think we'll create snebtives for you, and i think you're going to do it. we're going for a very large tax cut, which you'll be happy about. >> so can mr. trump really bring these jobs back to u.s. soil? let's bring in cnbc contributor jimmy p. from american enterprise institute. we've got our senior markets commentator mike san toll santo board as well. it's about taxes and regulation. if you relax both of those, is that enough to bring more jobs, a meaningful number of jobs back to the u.s. them making something and them hiring lots of people is two different things. it's been a huge distraction during this campaign that we have talked about the impact of trade and globalization. it's really to a great extent, yesterday a story. today's story and tom

today ford's ceo, mark fields, told fin l phil lebeau, he's a big supporter of free and fair trade and responded to the threat of higher tariffs. >> in terms of 35% tariff, that would affect the entire auto sector. and that would impact not only the auto sector here in the u.s., it will impact the economy in general. so we have to take all those things into consideration. >> mr. field said ford has been in contact with the incoming administration. >>> the scientific community is also trying to figure out what funding for medical research will be like under a trump administration. that was a big topic of discussion at a gathering of researchers in new york. and meg tirrell spoke to them. >> reporter: while stocks of pharmaceutical companies soared after the u.s. election, the future of government support for science is less certain. president-elect donald trump hasn't yet laid out his plans, but the scientific community is nervous, suggesting trump may be america's first anti science president from his positions on to himmics from climate change to vaccines and citing tweets like this o

there is one here with face and cnbc's phil lebeau, phil is in terre haute, indian. what are you seeing out there? >> a lot of people who frankly are feeling lost in terms of this election. they are not necessarily voting for donald trump or for hillary clinton. they are basically saying it is the lesser of two evils so i picked this person. not necessarily supporting a particular candidate. the reason we came here jim is because this is the crossroads of america. almost physically as well as metaphorically. in terms of how this county has voted, you go back for the last 15 presidential elections as vego county has gone and terre haute is in vego county. and last time the person doesn't win the race was in 1952. i think hillary clinton can lead us in the right path or i'm going with donald trump because i'm fed up with where the country is at. i'll be interested to see where vego county goes at the end of the night. >> you are certainly in the place to watch. thank you so much for being on the show. >>> all right, plenty more "mad money" to go. including brian sulliv

phil lebeau was on the story about what the auto industry wants. listen to this. elizabeth warren chiming in. we have more live pictures from the cap tachlt melania, donald trump and mike pence overlooking the steps of the capitol just like you were talking about, eamon. >> yeah. that's the west front of the capital building. we were talking about the spot where he's seen where he'll be sworn in. you see pennsylvania avenue and the distance and that tower on the left-hand side of your screen, that's the trump building where donald trump has recently reopened a brand-new very lavish hotel, so trump is overseeing what he'll see on his inauguration but some of his own properties there in downtown washington, d.c. it is a stupendous feeling. >> what a moment for donald trump, not only to be elected president but looking at one of his own buildings that he just opened up with a lot of regulatory hassle of the last couple of years and has taken heat. by the way, eamon javers is just to the right. >> we're not too far from there. pence, an insider, he'll see that. it tak

phil lebeau is there live this morning. hey, phil. >> hey, carl. if you want to vote here in indiana, the polling place here at baylor's market, there's the end of the line. you might be saying that doesn't look too bad. leave the toilet paper aisle and go over to the liquor section and you'll see how long this line is. a report from here in indiana when "squawk on the street" returns. mary buys a little lamb. one of millions of orders on this company's servers. accessible by thousands of suppliers and employees globally. but with cyber threats on the rise, mary's data could be under attack. with the help of at&t, and security that senses and mitigates cyber threats, their critical data is safer than ever. giving them the agility to be open & secure. because no one knows & like at&t. but they demand the best shopping experiences. they may want the latest products and services, they're your customers. and by blending physical with digital, cognizant is helping 8 of the 10 largest u.s. retailers meet their demands with more responsive retail models..

phil lebeau will sort this out. phil? >> john, this is a win for president trump in terms of saying i'm keeping production of a certain vehicle in kentucky. here's the tweet he sent out last night. we'll give you some context into what's happening with ford. president-elect trump put out a tweet saiding, "just got a call from my friend bill ford, chairman of ford, who advised me he will be keeping the lincoln plant in kentucky -- no mexico." the lincoln plant is actually the louisville plant and it's where the lincoln mkc is built. it was never going to move. the mkc only a small part of what they build. just 9% of its production last year. that vehicle was supposed to end production in kentucky by 2019 and production of it, if it continued, likely would have moved down to mexico but not until well into the future and that was never finalized, by the way. this decision by ford to keep mkc production in kentucky comes just a few days after we talked with ford ceo mark fields about how the company is establishing or keeping

phil lebeau joining us from chicago. are you in chicago? where are you? l.a. l.a. for the auto show. >> los angeles. yeah. auto show. >> fantastic. united airlines going to start selling, phil, basic economy fares. what does that mean? and what do i not get? >> you get a basic economy fare, the lowest fare that they're going to offer, but with that means you don't get to choose your seat, they'll assign it to you when you get there and you get to carry on one personal bag. that means for a woman, a purse, for a man maybe a brief case to put underneath the seat in front of them. you do not get the opportunity to put anything in the overhead compartment. you bring something that goes in the overhead compartment, it is not going there. it is getting checked, pay $25. this is united keeping up with the low cost carriers and delta, which has offered a version of its own basic economy. and we're going to see more and more carriers move this way as they try to fill up the plane and that's essentially what you're going to get with basic economy. >> how will i know whether

we sent phil lebeau to o'hare airport to get a firsthand look. phil? >> who says traveling for thanksgiving is filled with nothing but headaches and long lines? it's inconsiderably smooth, not only here at o'hare, b.a.r. but airports around the country. we'll give you an update on what the airports look like hane it me means for the airlines when "power lunch" returns. ♪jake reese, "day to feel alive"♪ ♪jake reese, "day to feel alive"♪ >>> leslie hansen is a business honor in the beautiful northern california coastal town of half moon bay. her shop odyssey sells products related to science and nature. like geodes and fossils. she'll encourage customers to shop small all holiday season. for more, watch "your business" sunday mornings at 7:30 on ms msnbc. >>> welcome back to "power lunch." we have breaking news for you. jose cuervo put its ipo on hold until after the election of donald trump. and we know that the election, the president-elect and the vote weighed on mexican stocks and the currency. and really this played into a lot of mexican con

cnbc's phil lebeau is in the thick of it all, as he always is this time of year, inside chicago's o'hare airport. hi, phil. >> well, we'll try and get back to phil in just a moment as he covers the holiday rush hour. our thanks to sue herrera. john is tracking the unusual activity in a retail stock that surged nearly 15% in a month. his bullish bet on it is coming up next. first, though, tyler matheson with a look at what's coming up with power. >> coming up at the top of the hour on "power lunch" transports ride this big trump rally. a number of names in the group were up double digits, and they keep flying high. president-elect trump's business conflicts raising some questions. we'll take a look at that. and call it _#turkey truce. how to get along with your family this thanksgiving after the emotionally draining election. and we'll preview the redskins and the cowboys. that's where the big battle will be on turkey day. halftime report will be back after this. ♪ we love knowing what's happening. so the nest cam security camera looks after things and alerts your phone if something's u

phil lebeau joins us from the auto show in los angeles with a first on cnbc interview with ceo mark fields. phil. >> thank you, scott. let's but that question right to mark fields, the ceo of ford motor company. does -- do things change now for ford in terms of your manufacturing footprint now that the trump administration is preparing to take the white house? >> well, as it were a global company with our home in the united states and we're very proud of that. the same time we want to make sure that we're utilizing our global manufacturing footprint, and our plans continue to move our focus down to mexico and importantly make room for two very exciting products that go into our plant in michigan. >> so no change at all? you're not changing your footprint either here in the u.s. or what you're planning inco? >> well, we have our plans we're implementing them. i want to point out that there's no change, no impact to jobs in the u.s. >> we need to make sure that we have a vibrant, profitable business and importantly our uaw colleagues, they know the importance and share the importance and we'

i want to bring in phil lebeau for a little more on where things stand here. >> reporter: david, what's interesting is i'm listening to your reporting is the question of what nuts and bolts. let's get down to the dollars and cents in terms of what might change for united technologies to keep that carrier plant in indianapolis. because at the end of the day they've made it very clear that in order to stay competitive with other manufacturers of furnaces and air conditioners, they need to be lower on their labor costs. well, you can't do that if you're staying in indianapolis. so what could be offered to carrier? again, we don't know for sure but a couple possibilities out there is the trump administration saying, look, if you keep those jobs and you keep that plant in indianapolis, we're going to make it more competitive because those who are importing, let's say industrial size air-conditioning units, we're going to make it more expensive for them. now, that's just a possibility. a conjecture on my part. do you throw out a tariff as a possibility for united technology saying if you keep

our phil lebeau joining us talking about holiday travel period. as for shopping on black friday, national retail federation guys says 74% of shoppers plan to shop the day after thanksgiving. and deloitte has the number around 79. that's a lot. >> it's a lot. and it's an important reminder that this still matters a lot for the retailers. we talk a lot about the shift in online spending and that's meaningful. we see retailers like walmart moving up their online deals to friday instead of cyber monday. so the whole thing is getting spread out a lot more, but clearly this is still a key period for a lot of retailers. the holiday season still represents 30% to 40% of sales. >> yeah. fourth quarter. >> you going to shop? >> am i going to shop? i usually stay away from the sales and the stores. i work. i prefer to pay attention to the markets on friday which are open. but i do online. it's a lot easier. lately. do you shop? do you take your daughter shopping? >> no. i don't shop. >> nope. >> that's an established fact, yes, i do not shop. often anyway. >

our phil lebeau is there with a first on cnbc interview. hey, phil. >> thank you very much, scott. the head of measure s mercedes . it's the day after you showed this incredible vehicle. let's take the tarp off of this. >> let's do it. >> this is the new mybach cabriolet. when you showed it last night, a lot of people were saying, wow. tell me a little bit about it. >> well, it's a great car. thanks, first of all, for having us this morning. greatly appreciate the opportunity to be here. for us at mercedes 2016 is the year of the dream car. we brought coupes and roadsters, and we had the s cabriolet. for the customers looking for something a little more exclusive. >> just a little more exclusive. >> it's our brand that stands for luxury, exclusiveivity, for hands craftsmanship. it's the top of the line car. it gives us the opportunity to show that we can flex our muscles across every segment. dploo wh >> when you are looking at something that is ultimatery luxury, and you are charging what you are charging for this vehicle, how much demand is out there, and will ma mostly come in t