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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20220204 14:56:00

Completely out of the blue, and i would say that no business in the world was ready for covid, in fact, you know, it was interesting, if you look back at the beginning of covid, we actually thought it might be like the financial crisis where people would just stop buying vehicles. quite the opposite happened. demand was great, so i think as an industry, we completely under called the demand that might exist, and in the end, that s a good thing. it s better than the alternative for sure. may have led to some of the inflation we re dealing with now. nonetheless, consumers did have money in their pockets to spend. bill forld, thank you as always we appreciate it. thank you so much. interesting to hear him say he expects the chip shortage to collapse at least to the second half of the year. another story we re watching, let the games begin, the 2020 winter olympics have officially started in beijing. this amid the coronavirus pandemic. political tensions, also human rights abuses by

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