{"version":"1.0.0","episode":{"title":"Mercedes-Benz & Nissan Just Put the Auto Industry on ALERT | Episode 1010","url":"http://getcarcurious.com/episodes/mercedes-benz-nissan-just-put-the-auto-industry-on-alert-episode-1010","audioUrl":"https://pdrl.fm/3359a6/pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/0fdde67b-738e-4bdc-95e1-6f25f4c533aa/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=0fdde67b-738e-4bdc-95e1-6f25f4c533aa&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest news from Mercedes-Benz & Nissan. 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":101.4,"endTime":101.6,"type":"brand","title":"Nissan","url":"/glossary/nissan","quote":"Now, the big news this morning, Dad, Nissan and Mercedes-Benz, and quite frankly, the Chinese auto market.","canonicalId":"brand:nissan","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Nissan is a Japanese automotive manufacturer known for producing a wide range of vehicles, including sedans, SUVs, and sports cars like the Nissan GT-R.","simplifiedExplanation":"Nissan is a car company from Japan that makes many types of vehicles, including popular models like the Altima and Rogue."}},{"startTime":101.4,"endTime":101.6,"type":"brand","title":"Mercedes-Benz","url":"/glossary/mercedes-benz-2da6bee1-2c59-4e63-8ca8-f0d3c6600182","quote":"Now, the big news this morning, Dad, Nissan and Mercedes-Benz, and quite frankly, the Chinese auto market.","canonicalId":"brand:mercedes-benz-2da6bee1-2c59-4e63-8ca8-f0d3c6600182","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Mercedes-Benz is a German luxury automotive brand known for its high-quality vehicles, including sedans, SUVs, and sports cars, often featuring advanced technology and performance.","simplifiedExplanation":"Mercedes-Benz is a well-known luxury car brand from Germany that makes high-end cars and SUVs, like the C-Class and GLE."}},{"startTime":121.3,"endTime":126.6,"type":"brand","title":"Volvo","url":"/glossary/volvo","quote":"And another one is Volvo. Volvo had a terrible January,","canonicalId":"brand:volvo","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Volvo is a Swedish automotive manufacturer known for its focus on safety and producing reliable cars, including sedans and SUVs.","simplifiedExplanation":"Volvo is a car brand from Sweden that is famous for making safe and reliable vehicles, like cars and SUVs."}},{"startTime":199.9,"endTime":205.6,"type":"concept","title":"global reduction in force","url":"/glossary/global-reduction-in-force","quote":"...this is leading to a 20,000 person global riff reduction in force, and that their profit fell in their most recent quarter...","canonicalId":"concept:global-reduction-in-force","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A global reduction in force refers to a significant layoff of employees across a company's operations worldwide. This is often a measure taken to cut costs and improve financial performance during challenging economic times.","simplifiedExplanation":"A global reduction in force means that a company is laying off a lot of workers all over the world to save money. This usually happens when the company is not making enough profit."}},{"startTime":303.3,"endTime":308.0,"type":"term","title":"MSRP","url":"/glossary/msrp","quote":"And there's a great article, I guess I will show this screen again. We'll pull it back up over here on Car Dealership Guy News. Automakers are resisting wide-scale MSRP increases despite","canonicalId":"term:msrp","priority":0.5,"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 a vehicle. It serves as a guideline for dealerships and consumers when negotiating the sale price.","simplifiedExplanation":"MSRP means the price that the car maker suggests dealers sell the car for. It's like a starting point for how much you might pay for a new car."}},{"startTime":566.2,"endTime":570.1,"type":"concept","title":"EVs","url":"/glossary/ev","quote":"...I want to look at a Mercedes-Benz. So many EVs in my life...","canonicalId":"concept:ev","priority":0.5,"confidence":0.85,"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 becoming increasingly popular due to their environmental benefits and lower operating costs.","simplifiedExplanation":"EVs stands for electric vehicles, which are cars that run on electricity instead of gas. They are better for the environment and can save money on fuel."}},{"startTime":626.4,"endTime":633.5,"type":"car","title":"Sprinter van","url":"/cars/mercedes-benz/sprinter","image":"https://upload.wikimedia.org/wikipedia/commons/b/b1/2018_Mercedes-Benz_Sprinter_314_CDi_2.1_Front.jpg","quote":"...Okay. These are Sprinter vans. They're not cheap though. It's very clear here. They're not cheap....","canonicalId":"car:mercedes-benz:sprinter","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mercedes-Benz Sprinter is a versatile van that is commonly used for commercial purposes, including delivery and transportation. It is known for its spacious interior and various configurations.","simplifiedExplanation":"The Sprinter van is a large vehicle made by Mercedes-Benz, often used for businesses to transport goods or people. It's known for being roomy and practical.","imageAttribution":"Vauxford (CC BY-SA 4.0)"}},{"startTime":639.1,"endTime":646.0,"type":"car","title":"Mercedes-Benz CLE","url":"/cars/mercedes-benz/cle","image":"https://upload.wikimedia.org/wikipedia/commons/9/9f/2024_Mercedes-Benz_CLE_C236.jpg","quote":"I mean, this is expensive for a dealership or sitting on this Mercedes-Benz CLE for 293 days","canonicalId":"car:mercedes-benz:cle","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mercedes-Benz CLE is a luxury coupe that combines performance with high-end features, aimed at providing a premium driving experience.","simplifiedExplanation":"The Mercedes-Benz CLE is a luxury car designed for comfort and style, perfect for those who want a high-quality vehicle.","imageAttribution":"AutobildEs (CC BY 3.0)"}},{"startTime":651.1,"endTime":655.8,"type":"term","title":"OEM","url":"/glossary/oem","quote":"This feels untenable at the OEM level. It also feels untenable at the dealership level.","canonicalId":"term:oem","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"OEM stands for Original Equipment Manufacturer, referring to the company that makes the original parts or vehicles sold by dealerships.","simplifiedExplanation":"OEM means the original company that makes the car or its parts, like Mercedes-Benz for their vehicles."}},{"startTime":655.8,"endTime":662.9,"type":"term","title":"inventory","url":"/glossary/inventory","quote":"How long can I just sit on $60,000 plus pieces of inventory, $80,000 plus pieces of it?","canonicalId":"term:inventory","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"In the automotive context, inventory refers to the cars and parts that a dealership has available for sale.","simplifiedExplanation":"Inventory means the cars and parts that a dealership has on hand to sell to customers."}},{"startTime":689.8,"endTime":698.9,"type":"term","title":"profit","url":"/glossary/profit","quote":"it is negatively impacting their profit.","canonicalId":"term:profit","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Profit is the financial gain made after subtracting expenses from revenue. For dealerships, it is crucial to maintain profitability to stay in business.","simplifiedExplanation":"Profit is the money a business makes after paying all its costs. It's important for dealerships to make a profit to keep running."}},{"startTime":775.5,"endTime":780.0,"type":"brand","title":"Stellantis","url":"/glossary/stellantis","quote":"...all of these companies, Volvo, Nissan, Mercedes, Stalantis, there's only so long they can eat the added expenses before they say,...","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. It encompasses a variety of brands, including Jeep, Dodge, and Peugeot, and focuses on innovation and sustainability in the automotive sector.","simplifiedExplanation":"Stellantis is a large car company that was created by merging two other companies. It owns many different car brands, including Jeep and Dodge, and aims to make cars that are better for the environment."}},{"startTime":799.5,"endTime":800.5,"type":"concept","title":"floor plan costs","url":"/glossary/floor-plan-costs","quote":"How long can a dealer hold on to all these vehicles and eat the floor plan costs?","canonicalId":"concept:floor-plan-costs","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Floor plan costs refer to the expenses that dealerships incur for financing their vehicle inventory. This includes interest on loans taken to purchase vehicles that are then sold to customers.","simplifiedExplanation":"Floor plan costs are the fees that car dealerships pay to borrow money to buy the cars they sell. They have to pay interest on this money until the cars are sold."}},{"startTime":858.3,"endTime":865.6,"type":"concept","title":"incentives","url":"/glossary/incentives","quote":"...increased incentives to customers, but at a certain point, even Mercedes of North Scottsdale is going to go to their factory rep and say, we can't keep going down this road...","canonicalId":"concept:incentives","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Incentives in the automotive industry refer to discounts or special offers provided by manufacturers or dealerships to encourage sales. These can be aimed at dealers to boost inventory turnover or directly at customers to stimulate purchases.","simplifiedExplanation":"Incentives are discounts or special offers that car dealers or manufacturers give to help sell cars. They can make buying a car cheaper or more appealing."}},{"startTime":884.1,"endTime":891.7,"type":"term","title":"floor plan cost estimator","url":"/glossary/floor-plan-cost-estimator","quote":"...What if we added to the vehicle detail pages a floor plan cost estimator? No, I'm serious. As a user, you can see the estimated cost that this dealer has had in floor plan for holding onto this vehicle...","canonicalId":"term:floor-plan-cost-estimator","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A floor plan cost estimator calculates the expenses a dealership incurs for holding inventory, typically financed through a floor plan loan. This cost includes interest on the loan for each vehicle held in stock, which can influence pricing and sales strategies.","simplifiedExplanation":"A floor plan cost estimator helps car dealerships figure out how much money they spend to keep cars on their lot. This can help them decide how to price the cars they sell."}},{"startTime":1147.1,"endTime":1151.4,"type":"term","title":"recalls","url":"/glossary/recall","quote":"So here's what's interesting. So Ford is off to the races and was leading the league. Compared to history, yeah. Leading the league in recalls.","canonicalId":"term:recall","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A recall is a request to return a product, such as a vehicle, to the manufacturer for repair or replacement due to safety concerns or defects. Recalls are important for ensuring the safety of drivers and passengers.","simplifiedExplanation":"A recall happens when a car company asks people to bring their cars back to fix a problem that could be dangerous. It's a way to keep drivers safe."}},{"startTime":1160.5,"endTime":1161.5,"type":"brand","title":"Ford","url":"/glossary/ford","quote":"So Ford is off to the races and was leading the league. Compared to history, yeah. Leading the league in recalls.","canonicalId":"brand:ford","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Ford is an American automotive manufacturer known for producing a wide range of vehicles, including cars, trucks, and SUVs. It has a long history in the automotive industry and is recognized for models like the Ford F-150 and Ford Mustang.","simplifiedExplanation":"Ford is a well-known car company that makes many types of vehicles, including trucks and sports cars. They have been in business for a long time and are famous for models like the Ford F-150 truck."}},{"startTime":1212.2,"endTime":1218.0,"type":"term","title":"initial vehicle quality","url":"/glossary/initial-vehicle-quality","quote":"...to explain this, it was due to improved initial vehicle quality, which is measured during the first 90 days of ownership...","canonicalId":"term:initial-vehicle-quality","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Initial vehicle quality refers to the assessment of a vehicle's performance and reliability during the first few months of ownership. This is often measured by the number of issues reported by owners shortly after purchase.","simplifiedExplanation":"Initial vehicle quality is how well a new car works in the first few months after someone buys it. It looks at any problems that new owners might have."}},{"startTime":1343.1,"endTime":1348.2,"type":"brand","title":"Hyundai","url":"/glossary/hyundai","quote":"...almost double as many as the next automaker, which is Hyundai, who have four, so I want to be clear.","canonicalId":"brand:hyundai","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Hyundai is a South Korean automotive manufacturer known for producing a variety of vehicles, including sedans, SUVs, and electric cars. The brand has gained popularity for its value, warranty offerings, and advancements in technology.","simplifiedExplanation":"Hyundai is a car company from South Korea that makes many different kinds of cars and is known for offering good warranties and value for money."}},{"startTime":1366.9,"endTime":1374.0,"type":"term","title":"transparency","url":"/glossary/transparency","quote":"...who keeps calling for transparency when it comes to how these websites, these third party websites allow dealers to advertise pricing.","canonicalId":"term:transparency","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Transparency in the automotive industry refers to the clarity and openness regarding pricing, recalls, and other important information that affects consumers. It is essential for building trust between manufacturers, dealers, and customers.","simplifiedExplanation":"Transparency means being open and honest about things like car prices and safety issues. It helps customers know what they are getting when they buy a car."}}],"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/mercedes-benz-nissan-just-put-the-auto-industry-on-alert-episode-1010/transcript.vtt","type":"text/vtt"}]}