We Just CAUGHT General Motors | Episode 1015
About this episode
General Motors is intentionally reducing vehicle production to manage inventory and maintain pricing power, anticipating a sales slowdown. This strategy contrasts with other automakers like Ford and Honda, who are either increasing production or adjusting incentives. The hosts discuss the implications of GM's approach, including potential impacts on dealer relationships and consumer pricing. They highlight that GM's decision to limit inventory is a calculated move rather than a response to supply chain issues, setting them apart from competitors like Toyota, who face high demand.
dealer doc fee
"you're going to see the dealer doc fee. If they add on to vehicles, as well as what add-ons they have, all sorts of good information here, please use it."
The dealer doc fee is an extra charge that car dealerships add when you buy a car. It's meant to cover the cost of handling all the paperwork for the sale.
A dealer doc fee is a charge that dealerships add to the purchase price of a vehicle to cover the costs of processing paperwork. This fee can vary significantly between dealerships and is often negotiable.
add-ons
"If they add on to vehicles, as well as what add-ons they have, all sorts of good information here, please use it."
Add-ons are extra features or services you can buy when getting a car. They can include things like warranties or special paint jobs that make the car more expensive.
Add-ons refer to additional features or services that can be included with a vehicle purchase, such as extended warranties, paint protection, or upgraded sound systems. These can increase the overall cost of the vehicle.
General Motors
"General Motors, dad, and we're going to read that article in just a second here, but General Motors is intentionally taking a position of restricting supply because they know demand is going to go down."
General Motors, or GM, is a big company that makes cars and trucks. They own several brands like Chevrolet and Cadillac.
General Motors, often referred to as GM, is one of the largest automobile manufacturers in the world. It owns several brands, including Chevrolet, GMC, Buick, and Cadillac, and is known for its extensive range of vehicles and innovations in the automotive industry.
chip shortage
"...during the chip shortage and during the pandemic when, like most manufacturers, they couldn't produce as many cars as they wanted to or had intended to..."
The chip shortage is when there weren't enough tiny computer chips needed for cars, which made it hard for companies to build new vehicles. This meant fewer new cars were available for sale.
The chip shortage refers to the global supply chain issue that affected the production of semiconductor chips, which are essential components in modern vehicles. This shortage led to reduced vehicle production across many manufacturers, impacting the availability of new cars.
new car availability
"...we're not going to get back to the old days where there's 3.5 million new cars available every month..."
New car availability is how many brand new cars are ready to buy at dealerships. If there are fewer cars made, it means there are fewer cars to choose from.
New car availability refers to the number of new vehicles that are on the market for consumers to purchase. Factors such as production rates, supply chain issues, and demand can significantly affect this number.
Honda
"Honda yesterday. We talked about it with Subaru the day before that. These automakers are all"
Honda is a car company from Japan that makes many types of vehicles, like cars and motorcycles.
Honda is a major Japanese automaker known for producing reliable vehicles, including sedans, SUVs, and motorcycles.
Subaru
"Honda yesterday. We talked about it with Subaru the day before that. These automakers are all"
Subaru is another car company from Japan that is known for making cars that can handle rough weather and terrain.
Subaru is a Japanese automaker recognized for its all-wheel-drive vehicles and boxer engine technology, often appealing to outdoor enthusiasts.
automaker strategy
"These automakers are all taking very different strategies for how they're going to navigate the next couple of years here."
Automaker strategy is how car companies decide to make and sell their cars, especially in response to market changes.
Automaker strategy refers to the plans and approaches that car manufacturers adopt to navigate market conditions, production levels, and pricing.
incentives
"...instead of oversupplying them and then having to do a bunch of incentives, promotions..."
Incentives are discounts or special offers that car companies give to help sell their cars faster.
Incentives are promotional offers or discounts provided by manufacturers or dealers to encourage customers to purchase vehicles. They can include cash rebates, low-interest financing, or special lease deals.
Ford
"...Look at the brands over to the right on this chart. For example, Ford has a 114 days supply..."
Ford is a well-known car company in the United States that makes many types of vehicles, like trucks and cars.
Ford is a major American automotive manufacturer known for producing a wide range of vehicles, including trucks, SUVs, and cars.
days supply
"...for example, Ford has a 114 days supply. I'm going to zoom all the way in on it right there..."
Days supply is a way to measure how long a car dealership can sell cars based on how many they have in stock.
Days supply refers to the number of days a dealership can sell vehicles based on the current inventory. It helps gauge how well a manufacturer is managing its production and inventory levels.
cyclical nature of the auto industry
"...the company cannot stop the cyclical nature of the auto industry..."
The cyclical nature of the auto industry means that car sales go up and down over time, often depending on the economy and what people want.
The cyclical nature of the auto industry refers to the recurring pattern of demand and supply fluctuations in vehicle sales, often influenced by economic conditions, consumer preferences, and market trends.
MSRP
"...if you're looking for the biggest percentage discount off of MSRP, don't look for Chevy. Don't look for GMC..."
MSRP is the price that car makers suggest dealers sell their cars for. It's a starting point for negotiations when buying a car.
MSRP stands for Manufacturer's Suggested Retail Price. It is the price that the manufacturer recommends that dealers sell a vehicle for, serving as a guideline for pricing.
GMC
"...Don't look for Chevy. Don't look for GMC. Don't look for Cadillac..."
GMC is a brand that makes trucks and SUVs, and is part of General Motors, known for their strong and durable vehicles.
GMC is a division of General Motors that primarily focuses on trucks and SUVs, known for their professional-grade vehicles.
Cadillac
"...Don't look for Chevy. Don't look for GMC. Don't look for Cadillac..."
Cadillac is a luxury car brand that makes high-end vehicles, focusing on comfort and advanced features.
Cadillac is a luxury vehicle division of General Motors, known for its high-end sedans and SUVs that emphasize comfort and technology.
Ram
"...Go to Ford, go to Ram, go to Jeep. Those are going to be the brands where you see an oversupply..."
Ram is a brand that makes trucks, especially known for their powerful pickup trucks that are popular for work and towing.
Ram is a brand of trucks and vans that was originally part of Dodge. It is known for its heavy-duty and light-duty pickup trucks.
market share
"...they're going for a market share playbook, make it up in volume..."
Market share is how much of the total sales in a market a company has. Companies want to sell more to increase their share of the market.
Market share is the portion of a market controlled by a particular company or product. Companies often aim to increase their market share to boost sales and profitability.
NADA
"...at the 2026 NADA, which is the National Automobile Dealers Association show in Las Vegas..."
NADA stands for the National Automobile Dealers Association, which helps car dealers in the U.S. by providing support and representing their interests.
The National Automobile Dealers Association (NADA) is a trade organization that represents the interests of automobile dealers in the United States, providing resources and advocacy for the industry.
Chevrolet Trailblazer
"...Chevrolet, for example, plans to make some configurations of the Trax and Trailblazers..."
The Chevrolet Trailblazer is a compact SUV that is designed for families and those who need a bit more space and features in their vehicle.
The Chevrolet Trailblazer is a compact SUV that combines sporty design with practicality, offering a comfortable ride and advanced technology features.
Chevrolet Trax
"...Chevrolet, for example, plans to make some configurations of the Trax and Trailblazers..."
The Chevrolet Trax is a small SUV that is easy to drive around town and has a lot of space inside for passengers and cargo.
The Chevrolet Trax is a subcompact crossover SUV that offers a versatile interior and is designed for urban driving, making it a popular choice for city dwellers.
Chevrolet Equinox
"...you can see they've got this equinox for 207 days..."
The Chevrolet Equinox is a small SUV that many people like because it's comfortable and has a lot of space for passengers and cargo.
The Chevrolet Equinox is a compact SUV that offers a combination of comfort, technology, and efficiency. It's popular among families and individuals looking for a versatile vehicle.
Chevrolet Suburban
"...This is 2025 suburban for 182..."
The Chevrolet Suburban is a large SUV that can carry many passengers and their things. It's great for families or anyone needing a lot of space.
The Chevrolet Suburban is a full-size SUV known for its spacious interior and strong towing capabilities. It's often used by families and for commercial purposes due to its size and versatility.
Chevrolet Silverado EV
"...This Silverado EV for 186 days..."
The Chevrolet Silverado EV is an electric truck that doesn't use gas. It's designed to be more environmentally friendly and has modern features.
The Chevrolet Silverado EV is an electric version of the popular Silverado pickup truck, offering advanced technology and zero emissions. It's part of Chevrolet's push towards electric vehicles.
Jeep Grand Cherokee
"... Dad. Jeep hints at the Hemi V8 returning to the Grand Cherokee lineup. I think this is a big deal at that. This..."
The Jeep Grand Cherokee is a popular SUV that can handle rough terrains and also offers a comfortable ride. The mention of a powerful engine means it might be even more fun to drive, which is exciting for fans of fast cars.
The Jeep Grand Cherokee is a mid-size SUV known for its off-road capability and luxurious features. The potential return of the Hemi V8 engine signifies Jeep's commitment to performance, making it a noteworthy topic for enthusiasts and potential buyers alike.
hybrid models
"We're going to really invest in hybrid models and turbos. And now we're seeing those vehicles sit and now Jeep looking to bring back the V8."
Hybrid models are cars that use both a regular engine and an electric motor. This helps them save fuel and produce less pollution compared to traditional cars.
Hybrid models combine a traditional internal combustion engine with an electric motor to improve fuel efficiency and reduce emissions. They are increasingly popular as consumers seek more eco-friendly options.
V8
"...are not selling as quickly as the V8 used to. They have the cost factor of having them sit..."
A V8 is a kind of car engine that has eight cylinders. It's known for being powerful and is often found in larger cars and trucks.
A V8 is a type of engine configuration with eight cylinders arranged in a V shape. V8 engines are known for their power and performance, often used in trucks and performance cars.
automobile industry
"...about the automobile industry, especially at the dealer level. If you walk into a dealership..."
The automobile industry is all about making and selling cars. It includes everyone from the companies that build the cars to the dealerships that sell them to customers.
The automobile industry encompasses all businesses involved in the design, development, manufacturing, marketing, and selling of motor vehicles. This includes car manufacturers, suppliers, and dealerships, and it plays a significant role in the global economy.
Mercedes-Benz
"...you've seen Mercedes-Benz had..."
Mercedes-Benz is another famous car brand from Germany that makes high-end cars and trucks. They are known for their luxury and advanced technology.
Mercedes-Benz is a German automotive brand known for luxury vehicles, buses, and trucks. It is recognized for its innovation, safety features, and performance.
Bmws M
"AMG badging on anything. M's done it similarly. One way to get people to spend more money is you put these badges on things. You put a slightly bigger engine. Dad, BMW's M division, I'm going to scroll down here so we can get to the exact quote, BMW's M division saying, there's CEO saying,"
The BMW M Coupe (E36) is a cool, sporty car that looks different from regular cars because it's a two-door coupe. It’s made for people who love to drive fast and enjoy a thrilling ride.
The BMW M Coupe (E36) is a two-door sports car that combines the performance of the M division with a unique coupe design. Known for its agile handling and strong engine, it has become a sought-after classic among car enthusiasts.
manual transmissions
"Oh, and manual transmissions on life support. It's probably not going to be there that much longer."
Manual transmissions are a type of car gearbox where you have to change gears yourself, usually with a stick shift.
Manual transmissions require the driver to manually shift gears using a clutch pedal, offering a more engaged driving experience but are becoming less common in modern cars.
M series
"...even the M series, is they're pretty much saying, we're going to build more M series cars, but they ain't going to be manuals..."
The M series is a line of fast and powerful cars made by BMW. They are designed for better performance and handling than regular BMW cars.
The M series refers to high-performance models produced by BMW, known for their enhanced power, handling, and sporty features. These vehicles are typically more expensive and offer a more engaging driving experience than standard BMW models.
BMW M5
"...we took out a, what was it, an M3 or an M5 competition. And out of all the vehicles we drove, that was like..."
The M5 Competition is a fast and luxurious car from BMW, designed for people who want a powerful vehicle that still feels comfortable to drive.
The BMW M5 Competition is a high-performance version of the M5 sedan, featuring a powerful engine, enhanced handling, and luxury features. It is aimed at those who want a blend of performance and comfort in a full-size sedan.
BMW M3
"...'ll never forget, we took out a, what was it, an M3 or an M5 competition. And out of all the vehicles..."
The BMW M3 is a sporty car that is really fun to drive and looks great. It's made by BMW, which is known for making high-quality cars, and the M3 is one of their most exciting models.
The BMW M3 is a high-performance version of the BMW 3 Series, designed for driving enthusiasts who seek a blend of luxury and sportiness. Its reputation for exceptional handling and powerful engines makes it a staple in the sports sedan category.
dealer ratings and reviews
"...your product we have in market, y'all, are those dealer ratings and reviews. And I just want to show you, I logged in here so you can see the data..."
Dealer ratings and reviews are feedback from people who have bought cars from a dealership. They help you see if a dealership is good or bad based on what others have experienced.
Dealer ratings and reviews are assessments provided by customers about their experiences with car dealerships. These reviews can help potential buyers gauge the reliability and service quality of a dealership before making a purchase.
OTG quotes
"...we've got 21 verified OTG quotes from this dealership. So I come on down here and I can see what's actually going on..."
OTG quotes are the final price you pay for a car, including everything like taxes and fees. It helps you know exactly how much money you need to buy the car.
OTG quotes refer to 'out-the-door' quotes, which include the total price of a vehicle after all fees, taxes, and additional costs are accounted for. This gives buyers a clear understanding of what they will actually pay to drive the car off the lot.
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