{"version":"1.0.0","episode":{"title":"You CAN'T AFFORD A CAR & The Auto Industry Is In TROUBLE | Episode 1007","url":"http://getcarcurious.com/episodes/you-can-t-afford-a-car-the-auto-industry-is-in-trouble-episode-1007","audioUrl":"https://pdrl.fm/3359a6/pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/55f25aee-1e10-48ae-8f35-111e7b646bc6/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=55f25aee-1e10-48ae-8f35-111e7b646bc6&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest trends in the car market. 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":76.72,"endTime":79.5,"type":"term","title":"dealer profits","url":"/glossary/dealer-profits","quote":"Dealer profits expected to fall 12% this year. That's what JD Power is saying.","canonicalId":"term:dealer-profits","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer profits refer to the earnings that car dealerships make from selling vehicles. These profits can fluctuate based on market conditions, sales volume, and the types of vehicles sold.","simplifiedExplanation":"Dealer profits are the money that car dealerships make when they sell cars. If they sell more cars or more expensive ones, they usually make more money."}},{"startTime":81.5,"endTime":87.3,"type":"term","title":"auto sales","url":"/glossary/auto-sales","quote":"And at the same time we have out of NADA, them saying dealers won't see 17 million auto sales again for years as affordability shrinks the buyer pool.","canonicalId":"term:auto-sales","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Auto sales refer to the total number of vehicles sold within a specific timeframe. This metric is crucial for understanding the health of the automotive market and can be influenced by factors like economic conditions and consumer demand.","simplifiedExplanation":"Auto sales are the number of cars sold by dealerships over a certain period. It's a way to measure how well the car market is doing."}},{"startTime":87.3,"endTime":91.3,"type":"term","title":"affordability","url":"/glossary/affordability","quote":"...as affordability shrinks the buyer pool. I wonder if there's a correlation here, Dad, between making money and selling cars.","canonicalId":"term:affordability","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Affordability in the automotive context refers to the financial ability of consumers to purchase vehicles. Factors such as income levels, interest rates, and vehicle prices all play a role in determining affordability.","simplifiedExplanation":"Affordability means how easy it is for people to buy cars based on their income and the prices of the cars. If cars are too expensive, fewer people can buy them."}},{"startTime":91.3,"endTime":95.8,"type":"term","title":"buyer pool","url":"/glossary/buyer-pool","quote":"...affordability shrinks the buyer pool. I wonder if there's a correlation here, Dad, between making money and selling cars.","canonicalId":"term:buyer-pool","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The buyer pool refers to the group of potential customers who are interested in purchasing vehicles. A shrinking buyer pool indicates fewer people are able or willing to buy cars, often due to economic factors.","simplifiedExplanation":"The buyer pool is the group of people who might want to buy cars. If this group gets smaller, it means fewer people can afford to buy cars."}},{"startTime":100.3,"endTime":108.1,"type":"term","title":"profit margin","url":"/glossary/profit-margin","quote":"And I guess the reason dealers would expect profits to go down 12% is the expensive cars that they have to sell that normally have a bigger profit margin.","canonicalId":"term:profit-margin","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Profit margin is the difference between the cost of a product and its selling price, expressed as a percentage of the selling price. In the automotive industry, higher profit margins are often associated with luxury or high-demand vehicles.","simplifiedExplanation":"Profit margin is how much money a dealership makes after paying for the cars they sell. If they sell a car for more than it costs them, they make a profit."}},{"startTime":139.5,"endTime":145.9,"type":"concept","title":"affordable cars","url":"/glossary/affordable-cars","quote":"Now, I have read somewhere and it might have happened at the NADA conference last week in Las Vegas where Ford has said, you know, we are going to bring back more affordable cars, more affordable nameplates under $40,000.","canonicalId":"concept:affordable-cars","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Affordable cars refer to vehicles that are priced within a budget-friendly range, typically under $40,000. This segment of the market is crucial for attracting a wider customer base, especially first-time buyers or those looking for economical options.","simplifiedExplanation":"Affordable cars are vehicles that cost less money, usually under $40,000. They are important because they help more people buy cars, especially those who may not have a lot of money to spend."}},{"startTime":378.0,"endTime":383.1,"type":"term","title":"used vehicle prices","url":"/glossary/used-vehicle-prices","quote":"Used vehicle prices are expected to fall about 4 percent in 2026, but affordability issues continue to impact potential buyers.","canonicalId":"term:used-vehicle-prices","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Used vehicle prices refer to the market value of pre-owned cars. These prices can fluctuate based on various factors, including supply and demand, economic conditions, and market trends.","simplifiedExplanation":"Used vehicle prices are how much you would pay for a car that someone else owned before. These prices can go up or down depending on how many cars are available and how many people want to buy them."}},{"startTime":392.8,"endTime":393.4,"type":"term","title":"pandemic","url":"/glossary/pandemic","quote":"...used car prices went up 30, 40 percent in a year during the pandemic.","canonicalId":"term:pandemic","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The pandemic refers to the global outbreak of COVID-19 that began in late 2019 and significantly impacted various sectors, including the automotive industry, leading to supply chain disruptions and price fluctuations.","simplifiedExplanation":"The pandemic was a worldwide health crisis caused by COVID-19 that started in late 2019. It affected many businesses, including car sales, making prices go up a lot for a while."}},{"startTime":767.4,"endTime":771.5,"type":"concept","title":"electric vehicles","url":"/glossary/ev","quote":"...one of the reasons why these automakers are trying to defend their profitability is because they lost so much money pivoting towards electric vehicles. Beginning of this decade was all about how many EVs can we produce,...","canonicalId":"concept:ev","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Electric vehicles (EVs) are cars that are powered entirely or partially by electricity, using batteries or fuel cells instead of traditional internal combustion engines. The automotive industry has been shifting towards EV production to meet environmental regulations and consumer demand for sustainable transportation.","simplifiedExplanation":"Electric vehicles are cars that run on electricity instead of gasoline. They are becoming more popular because they are better for the environment and can save money on fuel."}},{"startTime":791.1,"endTime":797.7,"type":"company","title":"Stellantis","url":"/glossary/stellantis","quote":"Now, let's talk a little bit about what happened over at Stellantis.","canonicalId":"company:stellantis","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Stellantis is a multinational automotive manufacturer formed from the merger of Fiat Chrysler Automobiles and PSA Group. It encompasses several well-known brands, including Jeep, Dodge, Chrysler, Peugeot, and Citroën.","simplifiedExplanation":"Stellantis is a big car company that makes many different brands of vehicles. It was created when two companies, Fiat Chrysler and PSA Group, combined."}},{"startTime":833.0,"endTime":839.6,"type":"brand","title":"General Motors (GM)","url":"/glossary/general-motors-gm","quote":"And Ford rode off almost 20 billion and GM rode off 7 billion.","canonicalId":"brand:general-motors-gm","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"General Motors, commonly referred to as GM, is an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts. It is one of the largest automobile manufacturers in the world.","simplifiedExplanation":"General Motors, or GM, is a big car company in the U.S. that makes many different types of vehicles, including popular brands like Chevrolet and Cadillac."}},{"startTime":839.6,"endTime":842.8,"type":"brand","title":"Volkswagen","url":"/glossary/volkswagen","quote":"And God knows how much Volkswagen's riding off.","canonicalId":"brand:volkswagen","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Volkswagen is a German automaker known for producing a wide range of vehicles, including the iconic Volkswagen Beetle and the Golf. It is one of the largest car manufacturers in the world.","simplifiedExplanation":"Volkswagen is a major car company from Germany that makes many popular cars, including the Beetle and Golf."}},{"startTime":851.8,"endTime":854.58,"type":"concept","title":"EV demand","url":"/glossary/ev-demand","quote":"after overstating EV demand.","canonicalId":"concept:ev-demand","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"EV demand refers to the consumer interest and market demand for electric vehicles (EVs). This demand has been increasing as more consumers seek sustainable and environmentally friendly transportation options.","simplifiedExplanation":"EV demand means how many people want to buy electric cars. More people are interested in electric cars because they are better for the environment."}},{"startTime":864.9,"endTime":870.1,"type":"brand","title":"Acura","url":"/glossary/acura","quote":"...I represented Acura for a long time. I think about 14 years. And, you know, I saw them come out with vehicles...","canonicalId":"brand:acura","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Acura is the luxury vehicle division of the Japanese automaker Honda. It was launched in 1986 and is known for its performance-oriented models and advanced technology features.","simplifiedExplanation":"Acura is a brand that makes luxury cars and is part of Honda. They focus on high-quality vehicles with good performance and technology."}},{"startTime":1031.08,"endTime":1038.26,"type":"car","title":"Dodge Charger","url":"/cars/dodge/charger","image":"https://upload.wikimedia.org/wikipedia/commons/8/8f/1970_Dodge_Charger_R-T_Hirschaid_22-20220709-RM-120204.jpg","quote":"...the Charger Daytona EV, the Charger Daytona SRT Benchy electric muscle car...","canonicalId":"car:dodge:charger","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Charger Daytona SRT Benchy is a performance-oriented electric muscle car variant of the Charger Daytona, emphasizing high performance in an electric format.","simplifiedExplanation":"The Charger Daytona SRT Benchy is a high-performance electric version of the Dodge Charger, designed for speed and power.","imageAttribution":"Ermell (CC BY-SA 4.0)"}},{"startTime":1031.08,"endTime":1038.26,"type":"car","title":"Chrysler Daytona","url":"/cars/chrysler/daytona","image":"https://upload.wikimedia.org/wikipedia/commons/3/32/Chrysler_%22Dodge%22_Daytona._-_52767318992.jpg","quote":"...where was it here?  The Ram 1500 Rev, the Charger Daytona EV, the Charger Daytona SRT Benchy electric muscl...","canonicalId":"car:chrysler:daytona","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chrysler Daytona is an upcoming electric muscle car that aims to revive the classic Daytona nameplate with modern technology and performance. It represents Chrysler's shift towards electric vehicles while maintaining the sporty essence that muscle car enthusiasts cherish.","simplifiedExplanation":"The Chrysler Daytona is a new electric car that looks to bring back the excitement of classic muscle cars. It's designed to be fast and fun to drive, but it's also eco-friendly since it runs on electricity instead of gas.","imageAttribution":"Txemari. (Navarra). (CC0)"}},{"startTime":1031.08,"endTime":1038.26,"type":"car","title":"Ram 1500","url":"/cars/ram/1500","image":"https://upload.wikimedia.org/wikipedia/commons/3/3a/2025_RAM_1500_REV%2C_front_NYIAS_2023.jpg","quote":"... not coming out with, where was it here?  The Ram 1500 Rev, the Charger Daytona EV, the Charger Daytona ...","canonicalId":"car:ram:1500","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ram 1500 is a full-size pickup truck known for its combination of capability, comfort, and technology. It has been a popular choice among truck enthusiasts for its strong towing capacity and spacious interior, making it a significant player in the competitive truck market.","simplifiedExplanation":"The Ram 1500 is a big truck that people use for work and recreation. It can carry heavy loads and has a comfortable inside, which makes it a favorite for those who need a reliable vehicle for tough jobs or family trips.","imageAttribution":"Kevauto (CC BY-SA 4.0)"}},{"startTime":1038.3,"endTime":1043.4,"type":"concept","title":"plug-in hybrid","url":"/glossary/plug-in-hybrid","quote":"...dropping the all plug-in hybrid Jeep and Chrysler models for Dad doing the same thing...","canonicalId":"concept:plug-in-hybrid","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Plug-in hybrids are vehicles that can run on both gasoline and electricity, allowing for reduced emissions and improved fuel efficiency.","simplifiedExplanation":"Plug-in hybrids are cars that can use both electricity and gasoline to run, making them more efficient and better for the environment."}},{"startTime":1157.4,"endTime":1158.4,"type":"term","title":"gasoline-powered cars","url":"/glossary/gasoline-powered-cars","quote":"...we're going to go back to more gasoline-powered cars...","canonicalId":"term:gasoline-powered-cars","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Gasoline-powered cars are vehicles that use gasoline as their primary fuel source for internal combustion engines, which are the traditional type of engine found in most cars.","simplifiedExplanation":"Gasoline-powered cars are the regular cars that run on gasoline, which is a common fuel for vehicles."}},{"startTime":1162.9,"endTime":1163.9,"type":"term","title":"hybrids","url":"/glossary/hybrid","quote":"...we're going to dig into hybrids and things of that nature...","canonicalId":"term:hybrid","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Hybrids are vehicles that use both an internal combustion engine and an electric motor, allowing for improved fuel efficiency and reduced emissions compared to traditional gasoline-powered cars.","simplifiedExplanation":"Hybrids are cars that use two types of power: a regular engine and an electric motor, which helps them save fuel and be better for the environment."}},{"startTime":1222.3,"endTime":1226.4,"type":"term","title":"CAFE standards","url":"/glossary/cafe-standards","quote":"...this also ties back to the CAFE standards rules being pulled back a little bit. Ideally, there's a path here now to have cheaper vehicles on the other side of it.","canonicalId":"term:cafe-standards","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"CAFE stands for Corporate Average Fuel Economy, which refers to regulations aimed at improving the average fuel economy of cars and light trucks sold in the United States. These standards are designed to reduce energy consumption by increasing the fuel efficiency of vehicles.","simplifiedExplanation":"CAFE standards are rules that help make cars use less fuel. They set goals for how many miles per gallon cars should get, which helps save energy and reduce pollution."}},{"startTime":1237.7,"endTime":1241.1,"type":"term","title":"model years","url":"/glossary/model-years","quote":"And we see it, they produce vehicles in model years. It's not like they do a quarterly vehicle release schedule or a monthly vehicle.","canonicalId":"term:model-years","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Model years refer to the specific year that a vehicle model is produced and sold. Automakers typically release new models annually, and the model year indicates the design and features that are available for that particular version of the vehicle.","simplifiedExplanation":"Model years are the years when a specific version of a car is made. For example, a 2023 model year car was made in 2023 and has features that are available for that year."}},{"startTime":1487.96,"endTime":1498.4,"type":"car","title":"Jeep Grand Wagoneer","url":"/cars/jeep/grand-wagoneer","image":"https://upload.wikimedia.org/wikipedia/commons/5/5a/20200603_Jeep_Grand_Wagoneer.jpg","quote":"...t going to get...  If you reduce the price of the Grand Wagoneer from $110,000 to $90,000, it's still not affordab...","canonicalId":"car:jeep:grand-wagoneer","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Jeep Grand Wagoneer is a luxury SUV that blends off-road capability with high-end features and technology. It has a rich history, being one of the first luxury SUVs, and is now positioned as a premium offering in Jeep's lineup, appealing to those looking for both adventure and comfort.","simplifiedExplanation":"The Jeep Grand Wagoneer is a fancy SUV that can go off-road and is really comfortable inside. It's designed for people who want a stylish vehicle that can handle tough terrains while still having all the nice features you’d find in a luxury car.","imageAttribution":"Kahvilokki (CC0)"}},{"startTime":1613.5,"endTime":1614.0,"type":"term","title":"electric vehicle (EV)","url":"/glossary/ev","quote":"No, I think investing in EV caused a downfall.","canonicalId":"term:ev","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"An electric vehicle (EV) is a car that is powered entirely or partially by electricity instead of traditional gasoline or diesel fuel.","simplifiedExplanation":"An electric vehicle, or EV, is a type of car that runs on electricity instead of gas. This makes them more environmentally friendly."}},{"startTime":1622.3,"endTime":1622.8,"type":"term","title":"mass market adoption","url":"/glossary/mass-market-adoption","quote":"the ones that have had less mass market adoption. Like, they still lose a lot of money.","canonicalId":"term:mass-market-adoption","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Mass market adoption refers to the point at which a product becomes widely accepted and purchased by the general public, rather than just a niche market.","simplifiedExplanation":"Mass market adoption means that a lot of people start buying and using a product, making it popular and common."}}],"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/you-can-t-afford-a-car-the-auto-industry-is-in-trouble-episode-1007/transcript.vtt","type":"text/vtt"}]}