{"version":"1.0.0","episode":{"title":"Nexperia CHIP CRISIS BREAKS THE CAR MARKET | Episode 953","url":"http://getcarcurious.com/episodes/nexperia-chip-crisis-breaks-the-car-market-episode-953","audioUrl":"https://pscrb.fm/rss/p/mgln.ai/e/1385/pdrl.fm/3359a6/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/0a71053f-8f52-46e6-8c5e-9b849d8a65fe/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=0a71053f-8f52-46e6-8c5e-9b849d8a65fe&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest info on the Nexperia chip crisis. 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":121.9,"endTime":125.3,"type":"term","title":"semiconductor shortage","url":"/glossary/semiconductor-shortage","quote":"...Another semiconductor shortage impacting the auto industry could have massive ramifications. We've got some warning signs coming from Nissan,...","canonicalId":"term:semiconductor-shortage","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A semiconductor shortage refers to a lack of semiconductor chips, which are essential components in modern vehicles for various electronic systems. This shortage can lead to production delays and reduced vehicle availability in the market.","simplifiedExplanation":"A semiconductor shortage means there aren't enough tiny computer chips that cars need to work properly. This can cause car manufacturers to make fewer cars, leading to less choice for buyers."}},{"startTime":130.6,"endTime":130.8,"type":"brand","title":"Volkswagen","url":"/glossary/volkswagen","quote":"as well as Mercedes-Benz, Volkswagen, et cetera.","canonicalId":"brand:volkswagen","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Volkswagen is a German automotive manufacturer known for producing a wide range of vehicles, including the iconic Beetle and the Golf. The brand is recognized for its engineering and affordability.","simplifiedExplanation":"Volkswagen is a well-known car brand from Germany that makes many types of cars, including the famous Beetle. They are known for making reliable and affordable vehicles."}},{"startTime":130.6,"endTime":130.8,"type":"brand","title":"Mercedes-Benz","url":"/glossary/mercedes-benz-2da6bee1-2c59-4e63-8ca8-f0d3c6600182","quote":"as well as Mercedes-Benz, Volkswagen, et cetera.","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 automotive brand known for luxury vehicles, buses, and trucks. It is a division of Daimler AG and has a reputation for high-quality engineering and innovative technology.","simplifiedExplanation":"Mercedes-Benz is a famous car brand from Germany that makes luxury cars and trucks. They are known for their quality and advanced technology."}},{"startTime":139.8,"endTime":140.0,"type":"company","title":"CarEdge.com","url":"/glossary/caredge-com","quote":"Folks, check it out. CarEdge.com.","canonicalId":"company:caredge-com","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"CarEdge.com is a website that provides car buying services and pricing information to help consumers make informed decisions when purchasing vehicles. They aim to offer transparency in the car buying process.","simplifiedExplanation":"CarEdge.com is a website that helps people buy cars by showing them real prices and offers services to make the buying process easier."}},{"startTime":181.4,"endTime":184.4,"type":"term","title":"chip supply crisis","url":"/glossary/chip-supply-crisis","quote":"I could have used the headline in automotive news this morning. Nissan and Mercedes-Benz sound alarm over chip supply crisis.","canonicalId":"term:chip-supply-crisis","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The chip supply crisis refers to the global shortage of semiconductor chips that are essential for modern vehicles' electronics and systems. This shortage has led to production delays and reduced vehicle availability in the automotive market.","simplifiedExplanation":"The chip supply crisis is when there aren't enough computer chips available for cars. These chips control many important features in vehicles, and without them, car manufacturers can't make as many cars as they want."}},{"startTime":184.4,"endTime":188.8,"type":"brand","title":"Nissan","url":"/glossary/nissan","quote":"But I went with Xperia chip crisis breaks the car market. Talks me about what's going on here. What did Nissan say?","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 electric cars like the Nissan Leaf. The company has been affected by the global chip supply crisis, impacting its production capabilities.","simplifiedExplanation":"Nissan is a car company from Japan that makes many different types of vehicles. They are facing challenges because of the shortage of computer chips needed for their cars."}},{"startTime":375.3,"endTime":378.2,"type":"term","title":"chip shortage","url":"/glossary/chip-shortage","quote":"Now we are at another moment in time where we have a chip shortage and again, the headline this morning comes by way of Nissan","canonicalId":"term:chip-shortage","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A chip shortage refers to a significant reduction in the availability of semiconductor chips, which are crucial components in modern vehicles for various electronic systems. This shortage has impacted vehicle production and availability, leading to delays and changes in features offered by manufacturers.","simplifiedExplanation":"A chip shortage means there aren't enough tiny computer parts needed to make cars work properly. This can slow down how many cars companies can make and what features they can include."}},{"startTime":547.7,"endTime":551.3,"type":"brand","title":"Honda","url":"/glossary/honda","quote":"...already impacting production at Honda, already impacting one of the largest automakers in the world,...","canonicalId":"brand:honda","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Honda is a major Japanese automaker known for producing a wide range of vehicles, including cars, motorcycles, and power equipment. The company has a strong reputation for reliability and innovation in the automotive industry.","simplifiedExplanation":"Honda is a well-known car company from Japan that makes cars and motorcycles. They are famous for their reliable vehicles."}},{"startTime":560.1,"endTime":563.04,"type":"company","title":"Bosch","url":"/glossary/bosch","quote":"...VW, Bosch. The list is growing here of automakers and parts suppliers...","canonicalId":"company:bosch","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Bosch is a global engineering and technology company based in Germany, known for its automotive components and systems, including braking systems, fuel injection systems, and electrical components. They are a key supplier to many automakers.","simplifiedExplanation":"Bosch is a large company that makes parts for cars, such as brakes and engines. They supply many car manufacturers with important components."}},{"startTime":796.3,"endTime":804.1,"type":"term","title":"legacy semiconductors","url":"/glossary/legacy-semiconductors","quote":"Most all of those semiconductors are legacy old school semiconductors. To your point earlier, this is very different than what happened a few years ago...","canonicalId":"term:legacy-semiconductors","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Legacy semiconductors refer to older technology chips that are still used in many automotive applications. These are often less advanced than newer chips but are essential for the operation of existing vehicle systems.","simplifiedExplanation":"Legacy semiconductors are older types of chips that cars still use. They help run many important functions in vehicles, even if they're not the newest technology."}},{"startTime":959.4,"endTime":964.1,"type":"term","title":"destination fee","url":"/glossary/destination-fee","quote":"...the expense that they're charging dealers for the destination fee, which again, to be clear, gets passed along to the consumer. Mitsubishi had an 8% increase in the destination fee to their dealers...","canonicalId":"term:destination-fee","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The destination fee is a charge that covers the cost of transporting a vehicle from the manufacturer to the dealership. This fee is typically added to the MSRP and can vary by manufacturer and model.","simplifiedExplanation":"The destination fee is the cost of shipping a car from the factory to the dealership. It's an extra charge you see when buying a car, and it can change depending on the brand."}},{"startTime":1158.1,"endTime":1160.0,"type":"brand","title":"Mitsubishi","url":"/glossary/mitsubishi","quote":"It is almost forcing Mitsubishi, kind of like Stalantis did in so many cases, to abandon their customers, their loyal customers.","canonicalId":"brand:mitsubishi","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Mitsubishi is a Japanese automotive manufacturer known for producing a range of vehicles, including cars, SUVs, and trucks. The brand has faced challenges in maintaining its customer base and adapting to market demands.","simplifiedExplanation":"Mitsubishi is a car company from Japan that makes different types of vehicles. They've been having trouble keeping their customers happy."}},{"startTime":1180.6,"endTime":1182.0,"type":"brand","title":"Ram","url":"/glossary/ram","quote":"General Motors, Ford, and Ram, they've all upped their destination fees to upwards of $2,400 on some of their pickup trucks.","canonicalId":"brand:ram","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Ram is a brand of trucks and vans produced by Stellantis, formerly Fiat Chrysler Automobiles. Known for their ruggedness and capability, Ram trucks are popular choices for both work and personal use.","simplifiedExplanation":"Ram is a brand that makes trucks and vans. They are known for being tough and are often used for work or personal driving."}},{"startTime":1180.6,"endTime":1182.0,"type":"brand","title":"General Motors","url":"/glossary/general-motors","quote":"General Motors, Ford, and Ram, they've all upped their destination fees to upwards of $2,400 on some of their pickup trucks.","canonicalId":"brand:general-motors","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"General Motors (GM) is one of the largest automotive manufacturers in the world, producing a wide range of vehicles under brands such as Chevrolet, GMC, Cadillac, and Buick. GM has a significant influence on the automotive market and often sets trends in pricing and vehicle features.","simplifiedExplanation":"General Motors is a big car company that makes many different brands of cars, like Chevrolet and Cadillac. They are important in the car industry and often lead changes in pricing and features."}},{"startTime":1303.68,"endTime":1315.26,"type":"car","title":"Mazda 3","url":"/cars/mazda/3-axela","image":"https://upload.wikimedia.org/wikipedia/commons/c/c2/Mazda_3_Axela_sedan_2_China_2015-04-23.jpg","quote":"...the example that you showed the other day with the customer that bought a, what was it, 2018 or 2007, 16 Mazda 3 that got clocked for 29.99% interest.","canonicalId":"car:mazda:3-axela","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Mazda 3 is a compact car known for its sporty handling and practicality. It has been popular among budget-conscious buyers for its reliability and fuel efficiency.","simplifiedExplanation":"The Mazda 3 is a small car that is fun to drive and good on gas. It's a popular choice for people looking for an affordable and reliable vehicle.","imageAttribution":"Navigator84 (CC BY-SA 4.0)"}},{"startTime":1305.0,"endTime":1310.0,"type":"term","title":"interest rate","url":"/glossary/interest-rate","quote":"...that got clocked for 29.99% interest.","canonicalId":"term:interest-rate","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The interest rate is the percentage charged on a loan for borrowing money. A higher interest rate means higher monthly payments and more paid over the life of the loan.","simplifiedExplanation":"The interest rate is how much extra money you pay when you borrow money. A higher rate means you pay more each month."}},{"startTime":1315.0,"endTime":1320.0,"type":"term","title":"financing","url":"/glossary/financing","quote":"...the customer ended up financing for 75 months at 562 hours a month.","canonicalId":"term:financing","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Financing refers to the process of borrowing money to purchase a vehicle, typically through a loan or lease agreement. It allows buyers to pay for the car over time rather than all at once.","simplifiedExplanation":"Financing means getting a loan to buy a car. Instead of paying all the money upfront, you pay a little each month until it's paid off."}},{"startTime":1350.0,"endTime":1355.0,"type":"term","title":"price point","url":"/glossary/price-point","quote":"...for the people that need to be in that $10,000 to $20,000 price point.","canonicalId":"term:price-point","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A price point refers to a specific price level at which a product is sold. It helps consumers understand the market value and affordability of a product.","simplifiedExplanation":"A price point is a specific price that something costs. It helps people know if they can afford it or not."}},{"startTime":1429.7,"endTime":1434.7,"type":"brand","title":"Toyota","url":"/glossary/toyota","quote":"New cars from brands like Toyota and Honda can cost less the own than used models. I thought this was an interesting tweet or ex post from a car dealership guy.","canonicalId":"brand:toyota","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Toyota is a Japanese automotive manufacturer known for producing reliable and fuel-efficient vehicles. The brand has a strong reputation for quality and longevity, making it a popular choice among consumers.","simplifiedExplanation":"Toyota is a car company from Japan that makes many popular and reliable cars. People often choose Toyota because they last a long time and are good on gas."}},{"startTime":1444.4,"endTime":1448.6,"type":"term","title":"depreciation","url":"/glossary/depreciation","quote":"Well, maybe that's why those one, two, three-year-old used cars are depreciating more rapidly right now while the 12-year-old used car is not depreciating that rapidly...","canonicalId":"term:depreciation","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Depreciation refers to the decrease in the value of a vehicle over time due to factors like age, mileage, and condition. New cars typically depreciate faster than older models, especially in the first few years after purchase.","simplifiedExplanation":"Depreciation is how much a car loses value over time. New cars lose value quickly in the first few years, while older cars might not lose value as fast."}},{"startTime":1599.6,"endTime":1600.6,"type":"brand","title":"Hyundai","url":"/glossary/hyundai","quote":"G, I think I'm better off with a Mazda or a Honda as opposed to the Hyundai or the Kia...","canonicalId":"brand:hyundai","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Hyundai is a South Korean automotive manufacturer known for offering a wide range of vehicles that combine value and features, such as the Elantra and Santa Fe.","simplifiedExplanation":"Hyundai is a car company from South Korea that makes a variety of vehicles, often known for being affordable and well-equipped."}},{"startTime":1599.6,"endTime":1600.6,"type":"brand","title":"Kia","url":"/glossary/kia","quote":"G, I think I'm better off with a Mazda or a Honda as opposed to the Hyundai or the Kia...","canonicalId":"brand:kia","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Kia is a South Korean automaker that produces a range of vehicles known for their design, affordability, and warranty coverage, including models like the Forte and Sportage.","simplifiedExplanation":"Kia is another car company from South Korea that makes various cars and SUVs, often praised for their value and long warranties."}},{"startTime":1660.0,"endTime":1663.1,"type":"term","title":"over the air fixes","url":"/glossary/over-the-air-fixes","quote":"...as quality has suffered. And some of the things are over the air fixes, a computer screen or something like that, a vacuum.","canonicalId":"term:over-the-air-fixes","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Over the air fixes refer to software updates or repairs that can be delivered to a vehicle remotely via the internet. This technology allows manufacturers to address issues without requiring a physical visit to a dealership.","simplifiedExplanation":"Over the air fixes are updates that can be sent to your car through the internet. This means your car can get repairs or improvements without needing to go to a shop."}},{"startTime":1688.0,"endTime":1691.14,"type":"car","title":"Ford Bronco","url":"/cars/ford/bronco","image":"https://upload.wikimedia.org/wikipedia/commons/c/c1/2022_Ford_Bronco_2.jpg","quote":"...they were showing like a Bronco off road this and that. And I thought, you know, what a clever, what a clever tagline.","canonicalId":"car:ford:bronco","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford Bronco is a classic SUV that has been revived in recent years. It's known for its off-road capabilities and rugged design, making it popular among adventure enthusiasts.","simplifiedExplanation":"The Bronco is a type of SUV made by Ford that is designed for off-road driving. It's popular for its tough look and ability to handle rough terrains.","imageAttribution":"Calreyn88 (CC BY-SA 4.0)"}}],"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/nexperia-chip-crisis-breaks-the-car-market-episode-953/transcript.vtt","type":"text/vtt"}]}