{"version":"1.0.0","episode":{"title":"March 16, 2026 | Trump tariffs cost automakers $35B; Bosch’s Mohammad Fatouraie","url":"http://getcarcurious.com/episodes/march-16-2026-trump-tariffs-cost-automakers-35b-bosch-s-mohammad-fatouraie","audioUrl":"https://dts.podtrac.com/redirect.mp3/www.buzzsprout.com/2447022/episodes/18856090-march-16-2026-trump-tariffs-cost-automakers-35b-bosch-s-mohammad-fatouraie.mp3","description":"Tariffs have cost automakers at least $35 billion since 2025, with Toyota hit hardest. China positions itself as the world’s electric vehicle safety cop. Plus, Mohammad Fatouraie of Bosch talks about navigating financial pressures from changing EV projections."},"annotations":[{"startTime":7.7,"endTime":14.1,"type":"term","title":"Trump tariffs","url":"/glossary/trump-tariffs","quote":"Today on the show, Trump's tariffs have cost automakers at least $35 billion since last year.","canonicalId":"term:trump-tariffs","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Trump tariffs refer to import taxes imposed during the Trump administration that affected the automotive industry by increasing costs for automakers importing parts or vehicles. These tariffs have led to significant financial impacts on automakers globally.","simplifiedExplanation":"Trump tariffs are extra taxes on cars and parts coming into the U.S. that make things more expensive for car companies. This means car makers have to pay more money to bring in parts or cars from other countries."}},{"startTime":15.0,"endTime":21.2,"type":"term","title":"pop-out door handles","url":"/glossary/pop-out-door-handles","quote":"China Bands pop out door handles and yoke steering wheels in new EV safety rules.","canonicalId":"term:pop-out-door-handles","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Pop-out door handles are flush door handles that extend outward when needed, commonly used on electric vehicles to improve aerodynamics and aesthetics. They can retract to sit flush with the car body when not in use.","simplifiedExplanation":"Pop-out door handles are door handles that hide inside the car's body and pop out when you want to open the door. They help make the car look smooth and can save energy when driving."}},{"startTime":15.0,"endTime":21.2,"type":"concept","title":"EV safety rules","url":"/glossary/ev-safety-rules","quote":"China Bands pop out door handles and yoke steering wheels in new EV safety rules.","canonicalId":"concept:ev-safety-rules","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"EV safety rules are regulations specifically designed to address safety concerns unique to electric vehicles, such as battery fire risks and new component designs like door handles and steering wheels.","simplifiedExplanation":"EV safety rules are special safety laws made for electric cars to keep people safe, especially because electric cars have different parts than regular cars."}},{"startTime":15.0,"endTime":21.2,"type":"term","title":"yoke steering wheels","url":"/glossary/yoke-steering-wheels","quote":"China Bands pop out door handles and yoke steering wheels in new EV safety rules.","canonicalId":"term:yoke-steering-wheels","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Yoke steering wheels are a non-traditional steering control shaped more like an aircraft yoke than a circular wheel. They are used in some electric vehicles to improve visibility and modernize the cockpit design.","simplifiedExplanation":"A yoke steering wheel is a steering control shaped like a small handle or airplane control instead of a round wheel. Some new electric cars use this to look futuristic and give the driver a better view."}},{"startTime":27.0,"endTime":32.9,"type":"company","title":"Bosch","url":"/glossary/bosch","quote":"Plus, we'll hear from Bosch's Mohammed Fatturi about how suppliers are dealing with changing EV projections.","canonicalId":"company:bosch","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Bosch is a major global automotive supplier known for providing components and systems for vehicles, including electric vehicle technologies and powertrain solutions.","simplifiedExplanation":"Bosch is a big company that makes parts for cars, including electric cars, helping them work better and safer."}},{"startTime":34.6,"endTime":48.1,"type":"term","title":"plug-in hybrid electric vehicles","url":"/glossary/plug-in-hybrid-electric-vehicles","quote":"With this multi-lane approach or multi-energy platform, you can design a system that not only fits into the battery electric vehicles, but also it can be fit into the plug-in hybrid electric vehicles or hybrid electric vehicles.","canonicalId":"term:plug-in-hybrid-electric-vehicles","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Plug-in hybrid electric vehicles (PHEVs) combine a gasoline engine with an electric motor and battery that can be recharged by plugging into an external power source, allowing for limited all-electric driving.","simplifiedExplanation":"Plug-in hybrid electric vehicles are cars that have both a gas engine and an electric battery you can charge by plugging in, so they can drive some distance on electricity alone."}},{"startTime":34.6,"endTime":48.1,"type":"concept","title":"multi-energy platform","url":"/glossary/multi-energy-platform","quote":"With this multi-lane approach or multi-energy platform, you can design a system that not only fits into the battery electric vehicles, but also it can be fit into the plug-in hybrid electric vehicles or hybrid electric vehicles.","canonicalId":"concept:multi-energy-platform","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A multi-energy platform is a vehicle architecture designed to accommodate different types of powertrains, such as battery electric, plug-in hybrid, and hybrid electric systems, allowing manufacturers flexibility in production.","simplifiedExplanation":"A multi-energy platform is a car design that can work with different kinds of engines, like all-electric, partly electric, or regular gas-electric hybrids."}},{"startTime":34.6,"endTime":48.1,"type":"term","title":"battery electric vehicles","url":"/glossary/battery-electric-vehicles","quote":"With this multi-lane approach or multi-energy platform, you can design a system that not only fits into the battery electric vehicles, but also it can be fit into the plug-in hybrid electric vehicles or hybrid electric vehicles.","canonicalId":"term:battery-electric-vehicles","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Battery electric vehicles (BEVs) are cars powered solely by electric batteries without an internal combustion engine, relying on electricity stored in large battery packs.","simplifiedExplanation":"Battery electric vehicles are cars that run only on electricity stored in big batteries, with no gas engine at all."}},{"startTime":64.2,"endTime":69.4,"type":"brand","title":"Toyota","url":"/glossary/toyota","quote":"Toyota is getting hit the hardest, facing more than $9 billion in costs through this month.","canonicalId":"brand:toyota","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Toyota is a leading Japanese automaker known for producing reliable vehicles, including hybrids like the Prius, and a major player in global automotive markets.","simplifiedExplanation":"Toyota is a big car company from Japan that makes many popular and reliable cars, including some that use both gas and electric power."}},{"startTime":69.4,"endTime":75.3,"type":"term","title":"Detroit 3","url":"/glossary/detroit-3","quote":"The Detroit 3 shelled out $6.5 billion last year alone.","canonicalId":"term:detroit-3","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Detroit 3 refers to the three major American automakers headquartered in Detroit: General Motors, Ford, and Stellantis (formerly FCA). They are key players in the U.S. automotive industry.","simplifiedExplanation":"The Detroit 3 are the three biggest American car companies based in Detroit: GM, Ford, and Stellantis. They make lots of cars and trucks in the U.S."}},{"startTime":117.0,"endTime":123.0,"type":"term","title":"physical buttons for turn signals and hazards","url":"/glossary/physical-buttons-for-turn-signals-and-hazards","quote":"Starting in 2027, new rules also nicks yoke steering wheels and require good old-fashioned physical buttons for turn signals and hazards. No more hunting through touch screens.","canonicalId":"term:physical-buttons-for-turn-signals-and-hazards","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Physical buttons for turn signals and hazard lights refer to traditional tactile controls instead of touchscreen controls. Regulations requiring physical buttons aim to improve driver safety by making controls easier and quicker to operate without distraction.","simplifiedExplanation":"Physical buttons are real buttons you can press with your fingers, instead of using a touchscreen. Having these buttons for things like turn signals helps drivers use them quickly and safely."}},{"startTime":147.9,"endTime":178.9,"type":"concept","title":"Federal Trade Commission (FTC) dealership advertising regulations","url":"/glossary/federal-trade-commission-ftc-dealership-advertising-regulations","quote":"And the Federal Trade Commission is putting 97 dealership groups on notice about their advertising practices. The agency says advertised prices need to include all required fees, except for government charges like taxes. That means no surprise add-ons at the end of the deal. The FTC flagged six practices it says are illegal. Things like advertising cars that don't exist, or prices that only work if you finance through the dealer.","canonicalId":"concept:federal-trade-commission-ftc-dealership-advertising-regulations","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The FTC is enforcing rules to ensure car dealerships advertise prices transparently, including all required fees except government taxes. This prevents misleading ads like prices that only apply if financing through the dealer or advertising cars that don't exist, protecting consumers from surprise costs.","simplifiedExplanation":"The government agency called the FTC wants car dealers to be honest about prices in their ads. They have to show all fees except taxes so buyers don't get surprised by extra costs later."}},{"startTime":234.0,"endTime":237.4,"type":"term","title":"reciprocal tariffs","url":"/glossary/reciprocal-tariffs","quote":"auto tariffs going into place, as well as the reciprocal tariffs that have since been struck down by the Supreme Court, we thought it'd be a good idea to look at,","canonicalId":"term:reciprocal-tariffs","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Reciprocal tariffs refer to retaliatory taxes imposed by one country in response to tariffs placed by another country, often leading to trade disputes that impact automakers and supply chains.","simplifiedExplanation":"Reciprocal tariffs are taxes that countries put on each other's cars or parts as a way to respond to taxes they were charged first. It's like a trade disagreement."}},{"startTime":351.2,"endTime":356.7,"type":"concept","title":"manufacturing presence","url":"/glossary/manufacturing-presence","quote":"if you're based in North America, or you have, you know, pretty significant manufacturing presence in the US, you're still because of the global nature of the supply chain, you're still importing a lot of your parts into the US,","canonicalId":"concept:manufacturing-presence","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Manufacturing presence refers to the physical factories and production facilities a company operates in a specific region, such as the US. Even with local manufacturing, companies may still import parts due to global supply chains.","simplifiedExplanation":"Manufacturing presence means having factories where cars or parts are made. Even if a company has factories in the US, they might still bring in parts from other countries."}},{"startTime":351.2,"endTime":356.7,"type":"concept","title":"global supply chain","url":"/glossary/global-supply-chain","quote":"because of the global nature of the supply chain, you're still importing a lot of your parts into the US, a lot of automakers are still building vehicles, obviously outside of the US importing them in,","canonicalId":"concept:global-supply-chain","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The global supply chain refers to the worldwide network of sourcing, manufacturing, and distribution that automakers rely on to build vehicles. It means parts and vehicles are often made in multiple countries before reaching the final market.","simplifiedExplanation":"A global supply chain means car companies get parts and build cars using factories and suppliers from many countries around the world."}},{"startTime":363.5,"endTime":368.5,"type":"term","title":"imported vehicles","url":"/glossary/imported-vehicles","quote":"a lot of automakers are still building vehicles, obviously outside of the US importing them in, they're trying to, you know, move things around where they can,","canonicalId":"term:imported-vehicles","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Imported vehicles are cars built outside the US and then shipped into the US market. These vehicles may be subject to tariffs, increasing their cost to consumers and automakers.","simplifiedExplanation":"Imported vehicles are cars made in other countries and then brought into the US to be sold."}},{"startTime":395.5,"endTime":401.9,"type":"concept","title":"financial fallout","url":"/glossary/financial-fallout","quote":"automakers have been trying to minimize the financial fallout as much as they can. But, you know, these tariffs are going to be here to stay,","canonicalId":"concept:financial-fallout","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Financial fallout refers to the negative economic impact or losses that automakers face due to tariffs and other trade-related costs.","simplifiedExplanation":"Financial fallout means the money problems or losses companies have because of things like extra taxes on cars and parts."}},{"startTime":482.4,"endTime":495.2,"type":"brand","title":"Aston Martin","url":"/glossary/aston-martin","quote":"For some automakers, especially some of the smaller or niche ones, when you dig into like an Aston Martin, for instance, you know, they're very explicit saying, you know, we're the Aston Martin said all sorts of debt issues for years, but they weren't able to cut into that this year because of the tariffs that they had to pay.","canonicalId":"brand:aston-martin","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Aston Martin is a British luxury sports car manufacturer known for its high-performance grand tourers and association with James Bond films. The company has faced financial challenges including debt issues in recent years.","simplifiedExplanation":"Aston Martin is a British company that makes fancy and fast sports cars. They've had money problems before, which can make running the company harder."}},{"startTime":616.0,"endTime":628.4,"type":"concept","title":"EV adoption","url":"/glossary/ev-adoption","quote":"The policy whiplash surrounding electric vehicles has left many suppliers scrambling. Companies tooled up and invested based on EV projections that ultimately didn't materialize creating financial pressure across the industry.","canonicalId":"concept:ev-adoption","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"EV adoption refers to the increasing acceptance and purchase of electric vehicles by consumers and fleets. It impacts the automotive industry by driving demand for electric powertrains, batteries, and related technologies.","simplifiedExplanation":"EV adoption means more people buying and using electric cars instead of gasoline ones. This changes what car companies need to make and sell."}},{"startTime":701.4,"endTime":708.7,"type":"term","title":"technology neutral multi-path approach","url":"/glossary/technology-neutral-multi-path-approach","quote":"What is important for us at Bosch is that we always have the technology neutral multi-path approach when we are developing, deploying both in terms of the technology development as well as deployment of the investments for industrialization of those developed technologies.","canonicalId":"term:technology-neutral-multi-path-approach","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A technology neutral multi-path approach means developing and investing in multiple types of automotive technologies simultaneously without favoring one specific solution. This strategy helps companies adapt to market changes and uncertainties, such as varying EV adoption rates or alternative powertrains.","simplifiedExplanation":"This means the company works on different kinds of car technologies at the same time instead of just one. That way, they are ready for whatever type of cars people want in the future."}},{"startTime":716.5,"endTime":723.4,"type":"term","title":"OEM partners","url":"/glossary/oem-partners","quote":"We work very closely with our OEM partners as well as forecasting the technological trends of the future and we reflect these forecasts in the decisions that we are making for product development as well as the industrialization.","canonicalId":"term:oem-partners","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"OEM partners are original equipment manufacturers, meaning the car companies that design and build vehicles. Suppliers like Bosch collaborate closely with OEMs to develop parts and technologies that meet the automakers' needs and future plans.","simplifiedExplanation":"OEM partners are the car companies that make the cars. Parts companies work closely with them to create the parts that go into those cars."}},{"startTime":1020.0,"endTime":1030.0,"type":"term","title":"thermal management","url":"/glossary/thermal-management","quote":"...An example that I can mention is, for example, the thermal management is a big point for the battery electric vehicles. One of the pain points of battery electric vehicles historically...","canonicalId":"term:thermal-management","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Thermal management refers to the systems and technologies used to control the temperature of vehicle components, especially batteries in electric vehicles. Proper thermal management is critical to maintain performance, safety, and battery life, particularly in extreme weather conditions.","simplifiedExplanation":"Thermal management means keeping parts of the car, like the battery, at the right temperature so they work well and last a long time, especially when it's very hot or cold outside."}}],"speakers":[{"id":"s1","name":"Automotive News","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/march-16-2026-trump-tariffs-cost-automakers-35b-bosch-s-mohammad-fatouraie/transcript.vtt","type":"text/vtt"}]}