{"version":"1.0.0","episode":{"title":"AAH #767 - Post-Q3: What’s Next for the Auto Industry?","url":"http://getcarcurious.com/episodes/aah-767-post-q3-what-s-next-for-the-auto-industry","audioUrl":"https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/68466495/aah_767.mp3","description":"TOPIC: Car Sales PANEL: Charlie Chesbrough, Cox Automotive; Joe White, High Speed Rodeo; Brett Smith, Industry Expert; Gary Vasilash, shinymetalboxes.net"},"annotations":[{"startTime":155.0,"endTime":163.0,"type":"term","title":"battery electrics","url":"/glossary/battery-electrics","quote":"...buying battery electrics, plug-in hybrids, while that $7,500 tax credit was still viable...","canonicalId":"term:battery-electrics","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Battery electrics refer to vehicles that are powered entirely by electric batteries, without any internal combustion engine. These vehicles produce zero tailpipe emissions and rely on electric charging stations for power.","simplifiedExplanation":"Battery electrics are cars that run only on electricity stored in batteries. They don't use gasoline or diesel and are charged at electric stations."}},{"startTime":155.0,"endTime":163.0,"type":"term","title":"plug-in hybrids","url":"/glossary/plug-in-hybrid","quote":"...buying battery electrics, plug-in hybrids, while that $7,500 tax credit was still viable...","canonicalId":"term:plug-in-hybrid","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Plug-in hybrids are vehicles that combine a traditional internal combustion engine with an electric motor and battery. They can be charged from an external power source and can operate on electric power alone for a limited range before switching to gasoline.","simplifiedExplanation":"Plug-in hybrids are cars that can run on both electricity and gasoline. You can charge them at home or at charging stations, and they can drive a certain distance using just electricity."}},{"startTime":211.0,"endTime":215.0,"type":"term","title":"Inflation Reduction Act","url":"/glossary/inflation-reduction-act","quote":"...since the fall of 2022 when they passed the Inflation Reduction Act at over a 50% rate.","canonicalId":"term:inflation-reduction-act","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Inflation Reduction Act is a significant piece of legislation aimed at reducing inflation and promoting clean energy. It includes incentives for electric vehicle purchases, such as tax credits for battery electrics and plug-in hybrids.","simplifiedExplanation":"The Inflation Reduction Act is a law that helps reduce prices and encourages people to buy electric cars by offering tax credits. It aims to support clean energy initiatives."}},{"startTime":282.0,"endTime":287.0,"type":"term","title":"battery electric vehicle","url":"/glossary/bev","quote":"we're going to see leasing come crashing down along with the battery electrics and plug-in hybrids, and that's a low-cost option for many in the market that's going to be going away.","canonicalId":"term:bev","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A battery electric vehicle (BEV) is a type of electric vehicle that is powered entirely by electricity stored in batteries, without any internal combustion engine. They are known for being environmentally friendly and producing zero tailpipe emissions.","simplifiedExplanation":"A battery electric vehicle is a car that runs only on electricity from batteries, not gas. They are better for the environment because they don't pollute the air."}},{"startTime":291.0,"endTime":296.0,"type":"term","title":"subvened lease rate","url":"/glossary/subvened-lease-rate","quote":"So you used a term there that I need you to define for me, subvened lease rate. So what does that mean?","canonicalId":"term:subvened-lease-rate","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A subvened lease rate refers to a reduced lease payment that is subsidized by a manufacturer or government, often to encourage leasing of certain vehicles. This subsidy lowers the overall cost of leasing, making it more attractive to consumers.","simplifiedExplanation":"A subvened lease rate is a lower payment for leasing a car, thanks to help from the car maker or government. It makes leasing cheaper for people."}},{"startTime":297.0,"endTime":300.0,"type":"term","title":"capital cost reduction","url":"/glossary/capital-cost-reduction","quote":"Well, it just means sort of the capital cost reduction. So the $7,500 that the feds were going to give on a battery electric, you can put that on a capital cost reduction.","canonicalId":"term:capital-cost-reduction","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Capital cost reduction refers to a decrease in the total cost of a vehicle, often achieved through rebates or subsidies. This reduction lowers the amount financed or leased, resulting in lower monthly payments.","simplifiedExplanation":"Capital cost reduction means lowering the total price of a car, usually with discounts or government help. This makes monthly payments smaller."}},{"startTime":694.0,"endTime":699.0,"type":"brand","title":"BMW","url":"/glossary/bmw","quote":"Yeah. BMW got beat up a lot four or five years ago because they were doing very flexible platforms when others were going to very dedicated facilities.","canonicalId":"brand:bmw","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"BMW is a German automotive brand known for its luxury vehicles and performance-oriented cars. The company has a reputation for engineering excellence and innovation in automotive technology.","simplifiedExplanation":"BMW is a well-known car brand from Germany that makes luxury cars. They are famous for their sporty and high-quality vehicles."}},{"startTime":866.0,"endTime":869.0,"type":"car","title":"Ford Model T","url":"/cars/ford/model-t","image":"https://upload.wikimedia.org/wikipedia/commons/9/95/1924_Ford_Model_T_Flivver_IAA_2023_1X7A0610.jpg","quote":"...t been for a long time. Yeah, the metaphor of the Model T is over, right? That's not the metaphor.","canonicalId":"car:ford:model-t","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford Model T, produced from 1908 to 1927, is often regarded as the first affordable automobile, making car ownership accessible to the masses. Its introduction revolutionized the automotive industry and is a significant part of automotive history.","simplifiedExplanation":"The Ford Model T is one of the first cars that many people could afford, which changed how people traveled. It’s important because it helped make cars popular and changed the way we live.","imageAttribution":"Alexander-93 (CC BY-SA 4.0)"}},{"startTime":877.0,"endTime":879.0,"type":"car","title":"Chevy Bolt","url":"/cars/chevrolet/bolt","image":"https://upload.wikimedia.org/wikipedia/commons/0/00/2017_Chevrolet_Bolt_EV_Premier_front_6.20.18.jpg","quote":"...We've got Chevy Bolt. 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They have engines that burn fuel to make the car go, unlike electric cars."}},{"startTime":1193.0,"endTime":1197.0,"type":"term","title":"HEVs","url":"/glossary/hevs","quote":"And traditional hybrids or HEVs up 50% plus year over year. Huge increase in hybrid sales.","canonicalId":"term:hevs","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"HEVs, or Hybrid Electric Vehicles, use both an internal combustion engine and an electric motor to improve fuel efficiency and reduce emissions. They cannot be plugged in to charge; instead, they generate electricity through regenerative braking and the engine.","simplifiedExplanation":"HEVs are cars that use both a gas engine and an electric motor to save fuel. They can't be charged like electric cars, but they use energy from driving to recharge the battery."}},{"startTime":1286.0,"endTime":1289.0,"type":"car","title":"Volkswagen Tiguan","url":"/cars/volkswagen/tiguan","image":"https://upload.wikimedia.org/wikipedia/commons/c/c1/VW_Tiguan_TDI_2.0%2C_Bj._2008-06_%28Sp%29.jpg","quote":"...g hybrids. I think you said for the Atlas and the Tiguan, maybe others as well. So they're doing a – I don...","canonicalId":"car:volkswagen:tiguan","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Volkswagen Tiguan is a compact SUV that offers a blend of practicality, comfort, and advanced technology features. It is significant for its versatility and appeal to families and individuals alike.","simplifiedExplanation":"The Volkswagen Tiguan is a smaller SUV that has a lot of space for passengers and cargo. It’s popular because it’s easy to drive and has many modern features.","imageAttribution":"Spurzem - Lothar Spurzem (CC BY-SA 2.0 de)"}},{"startTime":1790.0,"endTime":1795.0,"type":"term","title":"depreciation allowance","url":"/glossary/depreciation-allowance","quote":"...it was about a five-year depreciation allowance. Okay, but wait a minute...","canonicalId":"term:depreciation-allowance","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A depreciation allowance is a tax deduction that allows businesses to recover the cost of an asset over time. 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It determines the amount of tax owed or the refund due to the taxpayer.","simplifiedExplanation":"A tax return is a document you fill out to tell the government how much money you made and how much tax you should pay or get back. It's usually done once a year."}},{"startTime":1813.0,"endTime":1818.0,"type":"car","title":"Ford F-250","url":"/cars/ford/f-250","image":"https://upload.wikimedia.org/wikipedia/commons/4/45/%2717_Ford_F-250_Super_Duty_Double_Cab.jpg","quote":"So with my sub-stack, I'm not going to be able to go out and buy an F-250 and then…","canonicalId":"car:ford:f-250","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford F-250 is a heavy-duty pickup truck known for its towing capacity and durability, often used for commercial purposes.","simplifiedExplanation":"The Ford F-250 is a strong truck that can carry heavy loads and is often used by businesses for work.","imageAttribution":"Bull-Doser (Public domain)"}},{"startTime":1822.0,"endTime":1823.0,"type":"concept","title":"commercial business applications","url":"/glossary/commercial-business-applications","quote":"It's only for commercial business applications.","canonicalId":"concept:commercial-business-applications","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Commercial business applications refer to the use of vehicles or equipment for business purposes rather than personal use, often allowing for tax deductions.","simplifiedExplanation":"Commercial business applications mean using something like a truck for work instead of just for personal use, which can sometimes help with taxes."}},{"startTime":1878.0,"endTime":1880.0,"type":"term","title":"EV resale value","url":"/glossary/ev-resale-value","quote":"For the used car market, EV resale value is really low. 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Sometimes, electric cars lose their value faster than regular cars, making them cheaper in the used market."}},{"startTime":1909.0,"endTime":1917.0,"type":"car","title":"Nissan Leaf","url":"/cars/nissan/leaf","image":"https://upload.wikimedia.org/wikipedia/commons/6/62/2017_Nissan_LEAF_%28ZE0_MY17%29_hatchback_%282018-11-02%29_01.jpg","quote":"... tough because there's really only sort of Nissan LEAF that you've got a long history, Chevy Bolt, and t...","canonicalId":"car:nissan:leaf","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Nissan Leaf is a compact electric car that has been one of the best-selling electric vehicles globally since its introduction in 2010. It is significant for its role in popularizing electric mobility and for being an affordable option for consumers looking to reduce their carbon footprint.","simplifiedExplanation":"The Nissan Leaf is a small car that runs on electricity instead of gasoline. It’s important because it helps people drive without polluting the air, and many people like it because it’s cheaper to charge than to fill up with gas.","imageAttribution":"EurovisionNim (CC BY-SA 4.0)"}},{"startTime":1917.0,"endTime":1920.0,"type":"car","title":"Tesla Model 3","url":"/cars/tesla/model-3","image":"https://upload.wikimedia.org/wikipedia/commons/9/97/Tesla_Model_3%2C_EMS_2024%2C_Essen_%28P1032260%29.jpg","quote":"...ot a long history, Chevy Bolt, and then maybe the Model 3. We're starting to get enough data now for the Mo...","canonicalId":"car:tesla:model-3","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Tesla Model 3 is a fully electric sedan that has gained popularity for its impressive range, performance, and advanced technology features. 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It helps make electric cars cheaper to buy."}},{"startTime":2046.0,"endTime":2061.0,"type":"car","title":"Nissan Sentra","url":"/cars/nissan/sentra","image":"https://upload.wikimedia.org/wikipedia/commons/7/7b/1990-1994_Nissan_Sentra_Coupe.png","quote":"So if you're buying a used Sentra, you don't worry about like, oh, if the battery goes as 12-volt battery, you get a replacement.","canonicalId":"car:nissan:sentra","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Nissan Sentra is a compact car known for its affordability and practicality. It's a popular choice for those seeking a reliable daily driver, and it has been in production since the early 1980s.","simplifiedExplanation":"The Nissan Sentra is a small car that is often chosen because it is affordable and reliable. Many people use it for everyday driving.","imageAttribution":"LukaCali (CC BY-SA 4.0)"}},{"startTime":2120.0,"endTime":2121.0,"type":"company","title":"Bridgestone","url":"/glossary/bridgestone","quote":"So we're going to hear from our sponsor, Bridgestone, whom we greatly appreciate.","canonicalId":"company:bridgestone","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Bridgestone is a major tire manufacturer known for producing a wide range of tires for cars, trucks, and motorcycles. They are recognized for their innovation and quality in tire technology.","simplifiedExplanation":"Bridgestone is a company that makes tires for vehicles. They are known for making high-quality tires that help cars grip the road better."}},{"startTime":2132.0,"endTime":2133.0,"type":"part","title":"Weatherpeak tires","url":"/glossary/weatherpeak-tires","quote":"Bridgestone Weatherpeak tires with a 70,000 mile limited warranty.","canonicalId":"part:weatherpeak-tires","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Bridgestone Weatherpeak tires are designed for all-season performance, providing good traction and durability. They come with a 70,000-mile limited warranty, indicating their expected lifespan under normal driving conditions.","simplifiedExplanation":"Weatherpeak tires are a type of tire made by Bridgestone that can be used in different weather conditions. They are built to last a long time, with a warranty that covers them for up to 70,000 miles."}},{"startTime":2357.0,"endTime":2364.0,"type":"car","title":"Porsche Macan","url":"/cars/porsche/macan","image":"https://upload.wikimedia.org/wikipedia/commons/7/79/2022_Porsche_Macan_1X7A6050.jpg","quote":"I think they switched a couple of their I think the Macan, which I think is one of their I know it's one of their most highest volume products.","canonicalId":"car:porsche:macan","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Porsche Macan is a compact luxury SUV that has gained popularity for its sporty performance and practicality. 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OK, now we go back to,...","canonicalId":"car:lincoln:navigator","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Lincoln Navigator is a luxury full-size SUV known for its spacious interior, high-end features, and strong towing capacity. It has gained attention for its sales growth and is often associated with luxury and comfort.","simplifiedExplanation":"The Lincoln Navigator is a big, fancy SUV that has a lot of room and nice features. People like it because it’s comfortable and can carry a lot of stuff.","imageAttribution":"Kevauto (CC BY-SA 4.0)"}},{"startTime":3260.0,"endTime":3274.0,"type":"car","title":"GMC Yukons","url":"/cars/gmc/yukon","image":"https://upload.wikimedia.org/wikipedia/commons/d/d0/GMC_Yukon_Denali_%28GMTK2UG%29_Washington_DC_Metro_Area%2C_USA.jpg","quote":"And that's that's what's floating the boat. And that's where that's makes all the money at Ford Motor Company. So. So, I mean, but but isn't it the case then that. Escalades make all the money for Cadillac and Tahoe's and Yukon's and Silverado's and. Yeah. And Sierra's and. Yes, absolutely. And that's that that is that that is the problem.","canonicalId":"car:gmc:yukon","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The GMC Yukon is a full-size SUV known for its spacious interior, powerful performance, and capability for towing. It is often discussed for its popularity among families and as a luxury option within the SUV market.","simplifiedExplanation":"The GMC Yukon is a large SUV that can fit a lot of people and cargo. It's popular for families who need space and is also good for towing trailers or boats.","imageAttribution":"OWS Photography (CC BY 4.0)"}},{"startTime":3260.0,"endTime":3274.0,"type":"car","title":"Chevrolet Silverados","url":"/cars/chevrolet/silverado","image":"https://upload.wikimedia.org/wikipedia/commons/0/04/2022_Chevrolet_Silverado_1500_Z71.png","quote":"And that's that's what's floating the boat. And that's where that's makes all the money at Ford Motor Company. So. So, I mean, but but isn't it the case then that. Escalades make all the money for Cadillac and Tahoe's and Yukon's and Silverado's and. Yeah. And Sierra's and. Yes, absolutely. And that's that that is that that is the problem.","canonicalId":"car:chevrolet:silverado","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"imageAttribution":"LukaCali (CC BY-SA 4.0)"}},{"startTime":3260.0,"endTime":3274.0,"type":"car","title":"Chevrolet Tahoes","url":"/cars/chevrolet/tahoe","image":"https://upload.wikimedia.org/wikipedia/commons/3/36/00-06_Chevrolet_Tahoe.jpg","quote":"And that's that's what's floating the boat. And that's where that's makes all the money at Ford Motor Company. So. So, I mean, but but isn't it the case then that. Escalades make all the money for Cadillac and Tahoe's and Yukon's and Silverado's and. Yeah. And Sierra's and. Yes, absolutely. And that's that that is that that is the problem.","canonicalId":"car:chevrolet:tahoe","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"imageAttribution":"IFCAR (Public domain)"}},{"startTime":3260.0,"endTime":3274.0,"type":"car","title":"Cadillac Escalades","url":"/cars/cadillac/escalade","image":"https://upload.wikimedia.org/wikipedia/commons/b/b6/2021_Cadillac_Escalade_rear.jpg","quote":"... So, I mean, but but isn't it the case then that. Escalades make all the money for Cadillac and Tahoe's and Y...","canonicalId":"car:cadillac:escalade","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"imageAttribution":"Baron Maddock (CC BY 4.0)"}},{"startTime":3274.0,"endTime":3279.0,"type":"car","title":"Gm Sierras","url":"/cars/gmc/sierra-ev","image":"https://upload.wikimedia.org/wikipedia/commons/b/b4/GMC_Sierra_Denali_GMTT1XX_Atomsphere_Brownstone_%281%29.jpg","quote":"So. So, I mean, but but isn't it the case then that. Escalades make all the money for Cadillac and Tahoe's and Yukon's and Silverado's and. Yeah. And Sierra's and. Yes, absolutely. And that's that that is that that is the problem. That's that's the challenge, right? Because, again, if you look at the Chinese market, it's kind of like, you know, the as a proxy for what's not a proxy for us.","canonicalId":"car:gmc:sierra-ev","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"imageAttribution":"Damian B Oh (CC BY-SA 4.0)"}},{"startTime":3754.0,"endTime":3755.0,"type":"car","title":"Dodge Charger","url":"/cars/dodge/charger","image":"https://upload.wikimedia.org/wikipedia/commons/8/8f/1970_Dodge_Charger_R-T_Hirschaid_22-20220709-RM-120204.jpg","quote":"...structure is ready for it. They don't have a home charger, all of that. But they're still concerned about b...","canonicalId":"car:dodge:charger","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Dodge Charger is a full-size sedan that combines sporty performance with practicality, making it a popular choice among car enthusiasts and families alike. Its muscular design and powerful engine options contribute to its iconic status in American automotive culture.","simplifiedExplanation":"The Dodge Charger is a big car that looks sporty and can go really fast. People like it because it has a lot of room inside and is fun to drive.","imageAttribution":"Ermell (CC BY-SA 4.0)"}},{"startTime":4218.0,"endTime":4221.0,"type":"car","title":"Tesla Semi","url":"/cars/tesla/semi","image":"https://upload.wikimedia.org/wikipedia/commons/2/2a/Tesla_Semi_1.jpg","quote":"... production. So we're still waiting for the Tesla semi, by the way. Yeah.","canonicalId":"car:tesla:semi","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Tesla Semi is an all-electric truck designed for freight transport, promising lower operating costs and reduced emissions compared to traditional diesel trucks. Its development is significant as it represents Tesla's expansion into commercial vehicles.","simplifiedExplanation":"The Tesla Semi is a big truck that runs on electricity instead of diesel fuel. It’s important because it aims to make transporting goods cheaper and better for the environment.","imageAttribution":"Korbitr (Public domain)"}}],"speakers":[{"id":"s1","name":"Autoline","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/aah-767-post-q3-what-s-next-for-the-auto-industry/transcript.vtt","type":"text/vtt"}]}