{"version":"1.0.0","episode":{"title":"General Motors STUNS the Auto Industry | PROFITS PLUMMET | Episode 947","url":"http://getcarcurious.com/episodes/general-motors-stuns-the-auto-industry-profits-plummet-episode-947","audioUrl":"https://pscrb.fm/rss/p/mgln.ai/e/1385/pdrl.fm/3359a6/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/5b371627-d51e-4eda-adfb-562b2eeeb47f/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=5b371627-d51e-4eda-adfb-562b2eeeb47f&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest news from General Motors. 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":198.3,"endTime":202.0,"type":"company","title":"General Motors","url":"/glossary/general-motors","quote":"Let's move on, Pops. Let's turn our attention to General Motors. So they announced their third quarter earnings, and year over year, their profit fell 57%.","canonicalId":"company: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 such as Chevrolet, Buick, GMC, and Cadillac. The company has a significant impact on the automotive industry and is involved in various aspects of vehicle production and sales.","simplifiedExplanation":"General Motors is a major car company that makes many popular brands like Chevrolet and Cadillac. They are important in the car industry and have a big influence on how cars are made and sold."}},{"startTime":208.8,"endTime":214.2,"type":"company","title":"Nissan","url":"/glossary/nissan","quote":"When I saw that, I was reminded of Nissan, who actually saw their profits decline last year for one of their quarters, 99% year over year.","canonicalId":"company:nissan","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Nissan is a Japanese automobile manufacturer known for producing a wide range of vehicles, including sedans, SUVs, and electric cars like the Nissan Leaf. The company has faced various challenges in recent years, including declining profits.","simplifiedExplanation":"Nissan is another big car company from Japan that makes many different types of cars, including electric ones. They have been struggling with profits recently, which means they are making less money than before."}},{"startTime":245.0,"endTime":245.5,"type":"term","title":"electric vehicles","url":"/glossary/ev","quote":"They have decided they are going to postpone their transition to electric vehicles.","canonicalId":"term:ev","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Electric vehicles (EVs) are cars that are powered entirely or partially by electricity instead of traditional fuels like gasoline or diesel. They are often seen as more environmentally friendly alternatives to internal combustion engine vehicles.","simplifiedExplanation":"Electric vehicles are cars that run on electricity instead of gas. They are becoming more popular because they can be better for the environment."}},{"startTime":249.5,"endTime":250.0,"type":"term","title":"internal combustion engine","url":"/glossary/internal-combustion-engine","quote":"They are doubling back down on internal combustion engine vehicles, the vehicles that make them the most amount of money.","canonicalId":"term:internal-combustion-engine","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"An internal combustion engine (ICE) is a type of engine that generates power by burning fuel, such as gasoline or diesel, inside the engine itself. This is the traditional technology used in most vehicles before the rise of electric vehicles.","simplifiedExplanation":"An internal combustion engine is a common type of engine that makes cars go by burning fuel inside the engine. It's what most cars have used for many years before electric cars became popular."}},{"startTime":265.1,"endTime":265.6,"type":"term","title":"dealer lots","url":"/glossary/dealer-lots","quote":"2026, new Chevrolet products are already on dealer lots, and they are sitting, folks, 1,125 days supply in Portland, Oregon, where new inventory is starting to hit the ground.","canonicalId":"term:dealer-lots","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer lots refer to the physical locations where car dealerships display their inventory of new and used vehicles for sale. These lots are where customers can browse and purchase cars.","simplifiedExplanation":"Dealer lots are places where car dealerships keep their cars for sale. You can go there to look at and buy new or used cars."}},{"startTime":415.4,"endTime":421.28,"type":"car","title":"Chevrolet Blazer","url":"/cars/chevrolet/blazer","image":"https://upload.wikimedia.org/wikipedia/commons/1/1d/1988_Chevrolet_Blazer_C10_Hardtop.jpg","quote":"...moving production of the Chevrolet Blazer to Tennessee from Mexico...","canonicalId":"car:chevrolet:blazer","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chevrolet Blazer is a midsize SUV that has been reintroduced by General Motors. It is known for its sporty design and versatility, making it a popular choice among consumers looking for an SUV with a blend of style and functionality.","simplifiedExplanation":"The Chevrolet Blazer is a type of SUV made by General Motors. It's designed to be stylish and practical for families or anyone needing more space.","imageAttribution":"ArildV (CC BY-SA 4.0)"}},{"startTime":421.3,"endTime":425.0,"type":"term","title":"EV adoption","url":"/glossary/ev-adoption","quote":"...which is the EV adoption isn't going to happen. EV adoption isn't going to happen as quickly...","canonicalId":"term:ev-adoption","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"EV adoption refers to the process of consumers and businesses transitioning from traditional internal combustion engine vehicles to electric vehicles (EVs). This shift is influenced by factors such as technology advancements, government policies, and consumer preferences.","simplifiedExplanation":"EV adoption means more people are starting to buy electric cars instead of regular gas-powered cars. This change is happening slowly as people get used to the idea of electric vehicles."}},{"startTime":428.6,"endTime":433.7,"type":"term","title":"hybrid powertrain","url":"/glossary/hybrid-powertrain","quote":"...combustion and hybrid powertrains, which generally should be a good thing for consumers because we...","canonicalId":"term:hybrid-powertrain","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A hybrid powertrain combines an internal combustion engine with an electric motor to improve fuel efficiency and reduce emissions. This setup allows for better performance and lower fuel consumption compared to traditional engines.","simplifiedExplanation":"A hybrid powertrain is a system in cars that uses both a regular engine and an electric motor. This helps the car use less fuel and be better for the environment."}},{"startTime":441.42,"endTime":448.4,"type":"car","title":"Chevrolet Silverado","url":"/cars/chevrolet/silverado","image":"https://upload.wikimedia.org/wikipedia/commons/0/04/2022_Chevrolet_Silverado_1500_Z71.png","quote":"...2026 Silverado 1500 LTZ. This is an internal combustion engine vehicle. That's why the target discount range is so high...","canonicalId":"car:chevrolet:silverado","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chevrolet Silverado 1500 LTZ is a full-size pickup truck known for its capability and comfort. The LTZ trim offers a range of luxury features, making it a popular choice among truck buyers.","simplifiedExplanation":"The Chevrolet Silverado 1500 LTZ is a large truck that can carry heavy loads and is often used for work or towing. The LTZ version has extra features to make it more comfortable and stylish.","imageAttribution":"LukaCali (CC BY-SA 4.0)"}},{"startTime":457.8,"endTime":462.8,"type":"term","title":"EVs","url":"/glossary/ev","quote":"...But there's General Motors strategy right there. EVs didn't work. Now we're going to push more of those internal combustion engine...","canonicalId":"term:ev","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"EVs, or electric vehicles, are cars that are powered entirely by electricity rather than gasoline or diesel. They are known for being more environmentally friendly and often have lower operating costs.","simplifiedExplanation":"EVs, or electric vehicles, are cars that run on electricity instead of gas. They are better for the environment because they don't produce exhaust fumes."}},{"startTime":504.1,"endTime":504.5,"type":"term","title":"ICE vehicles","url":"/glossary/ice-vehicles","quote":"...they can make money making ICE vehicles. Okay, we've proven we can lose billions trying to get people to buy EVs...","canonicalId":"term:ice-vehicles","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"ICE stands for Internal Combustion Engine, which refers to vehicles powered by gasoline or diesel engines. These vehicles have been the traditional form of automotive power for over a century.","simplifiedExplanation":"ICE vehicles are cars that run on gasoline or diesel fuel, using an engine that burns fuel to create power. This is different from electric vehicles that use batteries."}},{"startTime":540.2,"endTime":540.6,"type":"car","title":"Chevrolet","image":"https://upload.wikimedia.org/wikipedia/commons/5/51/Chevrolet_Chevy_SS_250_Serie_2_%28Argentina%29_7.jpg","quote":"...go to the car edge car search and look at the 2026 new Chevrolet inventory...","canonicalId":"car:chevrolet","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Chevrolet is a division of General Motors that produces a wide range of vehicles, from compact cars to full-size trucks. They are known for popular models like the Silverado and the Camaro.","simplifiedExplanation":"Chevrolet is a brand of cars and trucks made by General Motors. They make many different types of vehicles, including popular ones like the Silverado pickup and the Malibu sedan.","imageAttribution":"Horacio Cambeiro (CC BY 4.0)"}},{"startTime":619.3,"endTime":623.3,"type":"term","title":"inventory","url":"/glossary/inventory","quote":"...they're trying to be more disciplined on inventory while also having a bunch of brand new inventory that's not moving yet...","canonicalId":"term:inventory","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"In automotive terms, 'inventory' refers to the stock of vehicles that a dealership has available for sale. Managing inventory effectively is crucial for dealerships to meet customer demand and maximize sales.","simplifiedExplanation":"Inventory means the cars that a dealership has on hand to sell. It's important for them to keep track of how many cars they have so they can sell them to customers."}},{"startTime":760.5,"endTime":765.9,"type":"term","title":"supply","url":"/glossary/supply","quote":"...Yeah, there's a 10,000-day supply because within 100 miles of Austin, Texas...","canonicalId":"term:supply","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"In automotive terms, 'supply' refers to the number of vehicles available for sale at dealerships. A higher supply generally indicates that there are more vehicles available, which can influence pricing and sales strategies.","simplifiedExplanation":"'Supply' means how many cars are available to buy at dealerships. If there are a lot of cars, it can affect how much they cost and how easy it is to buy one."}},{"startTime":806.9,"endTime":813.8,"type":"term","title":"2026 model year","url":"/glossary/2026-model-year","quote":"...I'm really interested in your 2026, but I want a big discount. The salesperson is trained to say, if you're looking for a deal...","canonicalId":"term:2026-model-year","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The 2026 model year refers to vehicles that are scheduled to be released or sold starting in 2026. Automakers typically release new models in the fall of the previous year, so discussions about model years often happen well in advance of their actual availability.","simplifiedExplanation":"The 2026 model year means cars that will be available for sale starting in 2026. Car companies usually announce new models a year ahead of time, so people talk about them early."}},{"startTime":819.9,"endTime":827.8,"type":"term","title":"2025 leftovers","url":"/glossary/2025-leftovers","quote":"...if you're looking for a discount, if you're looking for significant savings, I've got a couple of these 2025 leftovers that we are really motivated to move.","canonicalId":"term:2025-leftovers","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"'2025 leftovers' refers to unsold vehicles from the 2025 model year that dealerships are eager to sell, often at discounted prices. These vehicles are typically still new but are from the previous model year, making them less desirable to some buyers.","simplifiedExplanation":"'2025 leftovers' are cars from the 2025 model year that didn't sell and are still available. Dealers often want to sell these at lower prices to make room for newer models."}},{"startTime":845.1,"endTime":852.5,"type":"term","title":"current model year","url":"/glossary/current-model-year","quote":"...buy the current model and buy the previous model because I've got 12 months to sell the current model year that just arrived.","canonicalId":"term:current-model-year","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The 'current model year' refers to the latest version of a vehicle that has just been released or is currently being sold. Buyers often seek the latest models for updated features and technology.","simplifiedExplanation":"The 'current model year' means the newest cars that are available for sale right now. People often want these because they have the latest features."}},{"startTime":881.5,"endTime":886.8,"type":"term","title":"incentives","url":"/glossary/incentives","quote":"Now look at this, the incentives from the manufacturer are different as well. In the 2025, you have 0% financing for 36 months.","canonicalId":"term:incentives","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Incentives are promotional offers provided by manufacturers to encourage sales, such as discounts or financing deals. They can vary by model year and are often used to clear out older inventory.","simplifiedExplanation":"Incentives are special offers from car manufacturers to help sell cars, like lower prices or better financing options. They can change from year to year."}},{"startTime":886.8,"endTime":892.7,"type":"term","title":"0% financing","url":"/glossary/0-financing","quote":"In the 2025, you have 0% financing for 36 months. You can see that right there.","canonicalId":"term:0-financing","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"0% financing means that a buyer can borrow money to purchase a vehicle without paying any interest for a specified period. This can significantly lower the overall cost of the vehicle.","simplifiedExplanation":"0% financing means you can buy a car and not pay any extra money in interest for a certain time. This makes the car cheaper in the long run."}},{"startTime":933.9,"endTime":947.9,"type":"car","title":"Chevrolet pickup truck","url":"/cars/chevrolet/pickup-truck","image":"https://upload.wikimedia.org/wikipedia/commons/3/3c/1939_Chevrolet_three-quarter-ton_pickup_truck%2C_front_left%2C_07-21-2024.jpg","quote":"...how many 2025 pickup trucks, Chevy pickup trucks, are in the Austin area now and then a month from now towards Thanksgiving. Let's take a look and see how many of those are still remaining.","canonicalId":"car:chevrolet:pickup-truck","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The 2025 Chevrolet pickup trucks are part of Chevrolet's lineup of trucks, known for their reliability and versatility in both work and personal use. They often feature advanced technology and strong performance capabilities.","simplifiedExplanation":"Chevrolet pickup trucks are vehicles designed for carrying loads and towing. The 2025 models are the latest versions, featuring updated designs and technology.","imageAttribution":"MercurySable99 (CC BY-SA 4.0)"}},{"startTime":1118.4,"endTime":1119.0,"type":"term","title":"four-cylinder turbo","url":"/glossary/four-cylinder-turbo","quote":"...the best incentives are on the four-cylinder turbo trucks usually as well. So thank you for that...","canonicalId":"term:four-cylinder-turbo","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A four-cylinder turbo engine is a type of engine that has four cylinders and uses a turbocharger to increase power output and efficiency. This setup is common in many modern vehicles, especially trucks and compact cars.","simplifiedExplanation":"A four-cylinder turbo engine is a small engine with four parts that help it run. The turbo helps it go faster and use less fuel, which is why many trucks have this kind of engine."}},{"startTime":1231.0,"endTime":1241.8,"type":"term","title":"average listing price","url":"/glossary/average-listing-price","quote":"...the average listing price of 258.25 is probably equal to or slightly less than what it had been...","canonicalId":"term:average-listing-price","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The average listing price is the mean price at which used cars are being advertised for sale. This figure helps gauge the market value of used vehicles and can indicate trends in pricing.","simplifiedExplanation":"Average listing price is the typical price that used cars are being sold for. It helps buyers understand how much they might expect to pay for a used car."}},{"startTime":1249.1,"endTime":1258.52,"type":"term","title":"average miles","url":"/glossary/average-miles","quote":"...the average miles is 70,000 plus when everything is added together...","canonicalId":"term:average-miles","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Average miles refers to the typical mileage on used cars being sold, which can impact their value. Higher mileage often indicates more wear and tear, potentially lowering the vehicle's resale value.","simplifiedExplanation":"Average miles means how many miles used cars have driven on average. More miles usually mean the car has been used more, which can make it worth less."}},{"startTime":1384.6,"endTime":1385.6,"type":"term","title":"average used car price","url":"/glossary/average-used-car-price","quote":"...the average used car sells for $34,572...","canonicalId":"term:average-used-car-price","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The average used car price is the typical cost of pre-owned vehicles in a specific market, which can vary based on factors like make, model, and condition.","simplifiedExplanation":"The average used car price is how much people usually pay for cars that have been used before, which can change based on the car's condition and type."}},{"startTime":1388.0,"endTime":1389.0,"type":"term","title":"average new car price","url":"/glossary/average-new-car-price","quote":"...the average new car, holy cow, Dad sells for $65,000...","canonicalId":"term:average-new-car-price","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The average new car price reflects the typical cost of brand new vehicles in a given market, influenced by factors such as model, features, and market demand.","simplifiedExplanation":"The average new car price is the usual cost for brand new cars, which can vary based on what kind of car it is and what features it has."}},{"startTime":1398.22,"endTime":1405.5,"type":"term","title":"used car market","url":"/glossary/used-car-market","quote":"...the favor of the shopper in the used car market. I don't dispute that at all...","canonicalId":"term:used-car-market","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The used car market refers to the buying and selling of pre-owned vehicles. Factors like supply and demand, economic conditions, and consumer preferences heavily influence this market.","simplifiedExplanation":"The used car market is where people buy and sell cars that have been owned by someone else before. Prices can change based on how many cars are available and how much people want to buy them."}},{"startTime":1430.8,"endTime":1440.4,"type":"term","title":"leverage pendulum","url":"/glossary/leverage-pendulum","quote":"...the leverage pendulum is starting to shift at least a little bit...","canonicalId":"term:leverage-pendulum","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The term 'leverage pendulum' refers to the shifting power dynamics between buyers and sellers in a market. When prices are high, sellers have more leverage, but as prices drop, buyers gain more power.","simplifiedExplanation":"The 'leverage pendulum' is a way to describe how much power buyers or sellers have in a market. If prices are high, sellers have the advantage, but if prices go down, buyers can negotiate better deals."}},{"startTime":1618.66,"endTime":1623.54,"type":"car","title":"Hyundai Palisade","url":"/cars/hyundai/palisade","image":"https://upload.wikimedia.org/wikipedia/commons/c/c3/Hyundai_Palisade_Calligraphy_in_White_%28rear_left%29.jpg","quote":"... contribution, Jenny. I can't find a 2025 Hyundai Palisade. Palisade,  excuse me. And the 26s are $10,000 to...","canonicalId":"car:hyundai:palisade","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Hyundai Palisade is a midsize SUV that offers a spacious interior, advanced safety features, and a strong value proposition. It has gained popularity for its comfortable ride and family-friendly amenities, making it a significant player in the competitive SUV market. The mention of the 2025 and 2026 models highlights the ongoing demand and potential price fluctuations in the automotive market.","simplifiedExplanation":"The Hyundai Palisade is a large family car that can fit several people and their belongings comfortably. It's known for being safe and having lots of features that make driving easier and more enjoyable, which is why people are interested in the newer models.","imageAttribution":"Benespit (CC BY-SA 4.0)"}},{"startTime":1729.2,"endTime":1736.1,"type":"concept","title":"market area","url":"/glossary/market-area","quote":"...is this the case where you're looking outside your market area to find a better deal? Absolutely. If you're looking to get a current model year...","canonicalId":"concept:market-area","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The market area refers to the geographical region where a buyer is searching for a vehicle. Expanding your market area can help find better deals or more options, especially if local inventory is low.","simplifiedExplanation":"The market area is the area where you're looking to buy a car. Sometimes, if there aren't many cars available nearby, you might need to look further away to find a better deal."}}],"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/general-motors-stuns-the-auto-industry-profits-plummet-episode-947/transcript.vtt","type":"text/vtt"}]}