{"version":"1.0.0","episode":{"title":"AMERICAN Automakers Are In SERIOUS TROUBLE | Episode 941","url":"http://getcarcurious.com/episodes/american-automakers-are-in-serious-trouble-episode-941","audioUrl":"https://pscrb.fm/rss/p/mgln.ai/e/1385/pdrl.fm/3359a6/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/4a322935-1047-49ff-adc7-4a86735a4720/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=4a322935-1047-49ff-adc7-4a86735a4720&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the issues faced at Ford, GM, and Stellantis. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com\nfor information about our collection and use of personal data for\nadvertising.\n"},"annotations":[{"startTime":123.3,"endTime":123.8,"type":"brand","title":"General Motors","url":"/glossary/general-motors","quote":"...I'm talking about GM, Ford, and Stellantis.","canonicalId":"brand:general-motors","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"General Motors, often referred to as GM, is one of the largest automobile manufacturers in the world, known for brands like Chevrolet, Buick, GMC, and Cadillac.","simplifiedExplanation":"General Motors is a big car company that makes many different types of vehicles, including trucks and SUVs."}},{"startTime":135.5,"endTime":136.0,"type":"brand","title":"Stellantis","url":"/glossary/stellantis","quote":"...I'm talking about GM, Ford, and Stellantis.","canonicalId":"brand:stellantis","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Stellantis is a multinational automotive manufacturing corporation formed from the merger of Fiat Chrysler Automobiles and PSA Group, producing brands like Jeep, Dodge, and Peugeot.","simplifiedExplanation":"Stellantis is a big car company that makes several brands of cars, including Jeep and Dodge."}},{"startTime":244.2,"endTime":247.2,"type":"car","title":"Chevrolet Trailblazer","url":"/cars/chevrolet/trailblazer","image":"https://upload.wikimedia.org/wikipedia/commons/2/27/0_Chevrolet_TrailBlazer_VSS-S.jpg","quote":"Maybe the supplier for the trailblazer, for example. You are having to commit to pricing for the components that go into that trailblazer.","canonicalId":"car:chevrolet:trailblazer","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chevrolet Trailblazer is a compact SUV that offers a blend of practicality and modern features, making it a popular choice among consumers.","simplifiedExplanation":"The Chevrolet Trailblazer is a small SUV that many people like because it has a lot of space and modern technology.","imageAttribution":"Benespit (CC BY-SA 4.0)"}},{"startTime":541.5,"endTime":544.7,"type":"term","title":"purchase order","url":"/glossary/purchase-order","quote":"He said he first bought the clause a few weeks ago, tucked near the end of a purchase order, which automakers routinely issue to suppliers to dictate the flow of parts to their factory.","canonicalId":"term:purchase-order","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A purchase order is a document issued by a buyer to a seller, indicating the types, quantities, and agreed prices for products or services. In the automotive industry, it helps manage the supply chain and parts flow.","simplifiedExplanation":"A purchase order is like a shopping list that companies use to tell suppliers what parts they need and how much they will pay for them."}},{"startTime":558.2,"endTime":562.7,"type":"term","title":"supply chain","url":"/glossary/supply-chain","quote":"It's not like General Motors owns the full supply chain of all of their components and parts. They work with handful, many automotive parts.","canonicalId":"term:supply-chain","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The supply chain refers to the entire system of production, processing, and distribution of goods, from raw materials to the final product delivered to consumers. In automotive, it includes manufacturers, suppliers, and logistics.","simplifiedExplanation":"The supply chain is the process that shows how products are made and delivered, starting from the raw materials to the finished cars you see in dealerships."}},{"startTime":635.1,"endTime":639.92,"type":"car","title":"Ford Flex","url":"/cars/ford/flex","image":"https://upload.wikimedia.org/wikipedia/commons/4/41/14_Ford_Flex_Limited.jpg","quote":"...uppliers,  which is again, they're just trying to flex their leverage and their muscle to preserve their...","canonicalId":"car:ford:flex","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford Flex is a full-size crossover SUV that was produced from 2008 to 2019. It is known for its boxy design, spacious interior, and versatility, making it a popular choice for families. The Flex often comes up in discussions about unique vehicle designs and practicality in the SUV market.","simplifiedExplanation":"The Ford Flex is a big family car that looks a bit like a box on wheels. It has lots of room inside for people and their stuff, which makes it great for road trips or daily use. People talk about it because it's different from most other SUVs and is very practical.","imageAttribution":"HJUdall (CC0)"}},{"startTime":786.5,"endTime":787.0,"type":"term","title":"EV tax credits","url":"/glossary/ev-tax-credits","quote":"...there was a loophole in the federal tax credit that Ford and GM were looking to take advantage of...","canonicalId":"term:ev-tax-credits","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"EV tax credits are financial incentives provided by the government to encourage the purchase of electric vehicles, often reducing the overall cost for consumers.","simplifiedExplanation":"EV tax credits are discounts given by the government to help people buy electric cars, making them cheaper."}},{"startTime":791.6,"endTime":792.0,"type":"term","title":"$7,500 EV lease credit","quote":"...to provide a $7,500 EV lease credit to those that purchased, excuse me, lease the vehicle after the end of EV credits.","canonicalId":"term:7-500-ev-lease-credit","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The $7,500 EV lease credit refers to a specific tax incentive that reduces the cost for consumers leasing electric vehicles, effectively lowering their monthly payments.","simplifiedExplanation":"The $7,500 EV lease credit is a government discount that helps people who are leasing electric cars by lowering their costs."}},{"startTime":849.3,"endTime":857.0,"type":"term","title":"federal tax credit","url":"/glossary/federal-tax-credit","quote":"...that the government would still honor the $7,500 federal tax credit. So Ford and GM decided that they were going to utilize their captive lenders...","canonicalId":"term:federal-tax-credit","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A federal tax credit is a dollar-for-dollar reduction in the amount of income tax owed to the federal government. In the context of electric vehicles, it often incentivizes buyers by reducing the overall cost of the vehicle.","simplifiedExplanation":"A federal tax credit means you can pay less in taxes if you buy certain things, like electric cars. It helps make them cheaper for you."}},{"startTime":857.0,"endTime":864.2,"type":"brand","title":"GM","url":"/glossary/gm","quote":"...So Ford and GM decided that they were going to utilize their captive lenders...","canonicalId":"brand:gm","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"General Motors (GM) is an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts. They own several well-known brands, including Chevrolet, Buick, and Cadillac.","simplifiedExplanation":"GM, or General Motors, is another large car company from America that makes many different cars and trucks."}},{"startTime":1213.38,"endTime":1218.04,"type":"car","title":"Ford F150 Lightning","url":"/cars/ford/f-150-lightning","image":"https://upload.wikimedia.org/wikipedia/commons/5/56/2022_Ford_F-150_Lightning_Rear.jpg","quote":"Now, we've got another Ford story that continues on the theme of American automakers are in serious trouble. The headline in automotive news that it reads, Ford F-150 lightning plant.","canonicalId":"car:ford:f-150-lightning","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford F-150 Lightning is an all-electric version of Ford's popular F-150 pickup truck, designed to offer both utility and advanced technology. It represents Ford's push into the electric vehicle market, showcasing their commitment to sustainability and innovation.","simplifiedExplanation":"The Ford F-150 Lightning is an electric truck made by Ford. It's designed to be powerful and useful, just like the regular F-150, but it runs on electricity instead of gasoline.","imageAttribution":"UltraTech66 (CC BY-SA 4.0)"}},{"startTime":1221.2,"endTime":1228.6,"type":"term","title":"aluminum manufacturing","url":"/glossary/aluminum-manufacturing","quote":"The largest aluminum manufacturing plant for automotive had a fire.","canonicalId":"term:aluminum-manufacturing","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Aluminum manufacturing is crucial in the automotive industry due to aluminum's lightweight properties, which help improve fuel efficiency and performance. A fire at a major aluminum plant can significantly disrupt production and lead to financial losses for automakers.","simplifiedExplanation":"Aluminum manufacturing is the process of making aluminum, which is a lightweight metal used in cars to help them be more efficient. If a factory that makes aluminum has a fire, it can cause problems for car companies that need that metal."}},{"startTime":1249.3,"endTime":1255.5,"type":"car","title":"Ford Lightning","url":"/cars/ford/f-150-lightning","image":"https://upload.wikimedia.org/wikipedia/commons/5/56/2022_Ford_F-150_Lightning_Rear.jpg","quote":"...they're not going to be able to produce the number of lightings that they had hoped to...","canonicalId":"car:ford:f-150-lightning","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford Lightning is an all-electric version of the Ford F-150, known for its performance and utility. It represents Ford's commitment to electric vehicles and is part of the popular F-Series lineup.","simplifiedExplanation":"The Ford Lightning is a new electric truck from Ford that is based on their popular F-150 model. It's designed for both work and everyday use, offering a powerful electric option.","imageAttribution":"UltraTech66 (CC BY-SA 4.0)"}},{"startTime":1249.3,"endTime":1255.5,"type":"term","title":"aluminum parts","url":"/glossary/aluminum-parts","quote":"...if that's where Ford's getting the aluminum parts that they need for the lightning...","canonicalId":"term:aluminum-parts","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Aluminum parts are components made from aluminum, which is lightweight and resistant to corrosion. This makes them ideal for automotive applications, especially in electric vehicles to improve efficiency.","simplifiedExplanation":"Aluminum parts are pieces of a car made from aluminum metal. They are lighter than steel parts, which helps cars use less energy and go further, especially electric ones."}},{"startTime":1281.4,"endTime":1287.6,"type":"term","title":"price war","url":"/glossary/price-war","quote":"...that could create an issue and a price war because of the T-word...","canonicalId":"term:price-war","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A price war occurs when companies compete for market share by lowering prices, which can lead to reduced profit margins. In the automotive industry, this can affect the cost of materials and final vehicle pricing.","simplifiedExplanation":"A price war happens when companies try to sell their products for less money than their competitors. This can make things cheaper for buyers but can hurt the companies' profits."}},{"startTime":1333.6,"endTime":1336.7,"type":"term","title":"tariff","url":"/glossary/tariffs","quote":"...we know that there's the tariff on that. So, prices are going to go up.","canonicalId":"term:tariffs","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A tariff is a tax imposed by a government on imported goods. This can increase the cost of materials, such as aluminum, affecting manufacturers' production costs.","simplifiedExplanation":"A tariff is like a fee that countries charge when goods come from another country. It makes things more expensive, which can affect how much companies pay for materials."}},{"startTime":1355.7,"endTime":1360.5,"type":"term","title":"MSRP","url":"/glossary/msrp","quote":"...Average transaction prices and MSRPs for new cars. And look at this chart, y'all.","canonicalId":"term:msrp","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"MSRP stands for Manufacturer's Suggested Retail Price, which is the price that the manufacturer recommends for the vehicle. It's often used as a baseline for negotiations between buyers and dealerships.","simplifiedExplanation":"MSRP is the price that car makers suggest you should pay for a new car. It's like a starting point for how much the car costs before any discounts or negotiations."}},{"startTime":1565.2,"endTime":1568.6,"type":"car","title":"Ford F-150 Platinum","url":"/cars/ford/f-150","image":"https://upload.wikimedia.org/wikipedia/commons/5/56/2022_Ford_F-150_Lightning_Rear.jpg","quote":"...you put in Ford F-150 and you look, Dad, here's an example in our area within 50 miles of me here in Maryland, D.C. area. You've got a 2025 Ford F-150 Platinum...","canonicalId":"car:ford:f-150","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford F-150 Platinum is a high-end trim of the popular Ford F-150 pickup truck, known for its luxury features and advanced technology. It is part of the 14th generation of the F-Series, which has been a best-seller in the U.S. for decades.","simplifiedExplanation":"The Ford F-150 Platinum is a fancy version of the Ford F-150 truck. It has more luxury features and technology than the standard models, making it more comfortable and stylish.","imageAttribution":"UltraTech66 (CC BY-SA 4.0)"}},{"startTime":1577.8,"endTime":1582.2,"type":"term","title":"dealer invoice price","url":"/glossary/dealer-invoice-price","quote":"...the dealer invoice price is six grand, nearly six grand lower than the MSRP.","canonicalId":"term:dealer-invoice-price","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The dealer invoice price is the amount that the dealer pays the manufacturer for the vehicle. It is often lower than the MSRP and can serve as a starting point for negotiations when buying a car.","simplifiedExplanation":"The dealer invoice price is what the dealer pays to get the car from the manufacturer. It's usually less than the price you see in the showroom, which is the MSRP."}},{"startTime":1584.3,"endTime":1589.1,"type":"term","title":"target discount range","url":"/glossary/target-discount-range","quote":"...You've got a target discount range from CarEdge of $4,260 to $6,391.","canonicalId":"term:target-discount-range","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The target discount range refers to the expected reduction in price that a buyer can aim for when negotiating the purchase of a vehicle. This range can vary based on market conditions and the specific vehicle.","simplifiedExplanation":"The target discount range is the amount of money you might be able to save when buying a car. It's a guideline for how much less than the MSRP you could pay."}},{"startTime":1595.8,"endTime":1598.76,"type":"term","title":"days supply of inventory","url":"/glossary/days-supply-of-inventory","quote":"...6,030 days supply of inventory.","canonicalId":"term:days-supply-of-inventory","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Days supply of inventory is a metric that indicates how many days it would take to sell the current inventory of vehicles at the current sales rate. A higher number suggests a surplus of vehicles, while a lower number indicates strong demand.","simplifiedExplanation":"Days supply of inventory tells you how long the cars on a dealer's lot would last if no new cars came in. If there are a lot of cars, it means they might not be selling quickly."}},{"startTime":1635.2,"endTime":1639.1,"type":"term","title":"supply demand imbalance","url":"/glossary/supply-demand-imbalance","quote":"Talk about a supply demand imbalance. This is it ad nauseam.","canonicalId":"term:supply-demand-imbalance","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A supply demand imbalance occurs when the quantity of a product available (supply) does not meet the quantity that consumers want to buy (demand). This can lead to higher prices and fewer sales, as seen in the automotive market.","simplifiedExplanation":"A supply demand imbalance happens when there are too many or too few cars available compared to how many people want to buy them. This can cause prices to go up or cars to not sell well."}},{"startTime":1646.1,"endTime":1648.2,"type":"term","title":"aluminum cost","url":"/glossary/aluminum-cost","quote":"your part suppliers are raising prices on you, your aluminum cost.","canonicalId":"term:aluminum-cost","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Aluminum cost refers to the price of aluminum, a lightweight metal commonly used in vehicle manufacturing to improve fuel efficiency and performance. Fluctuations in aluminum prices can significantly impact the overall cost of producing vehicles.","simplifiedExplanation":"Aluminum cost is how much it costs to buy aluminum, which is used to make parts of cars. If the price goes up, it can make cars more expensive to build."}},{"startTime":1662.0,"endTime":1663.5,"type":"term","title":"incentive","url":"/glossary/incentive","quote":"Let's, and you know what? What's the incentive on it right now?","canonicalId":"term:incentive","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Incentives in the automotive context refer to discounts, rebates, or special financing offers provided by manufacturers to encourage sales. These can include cash rebates or low-interest financing options.","simplifiedExplanation":"Incentives are special deals or discounts that car companies offer to help sell their vehicles. They can make buying a car cheaper."}}],"speakers":[{"id":"s1","name":"Ray","role":"host"},{"id":"s2","name":"Zach Shefska","role":"host"},{"id":"s3","name":"Bleav","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/american-automakers-are-in-serious-trouble-episode-941/transcript.vtt","type":"text/vtt"}]}