Company Cars artwork

Company Cars

37 episodes - English - Latest episode: 4 months ago - ★★★★★ - 8 ratings

Making Cents of the Car Business. Join us as we talk about the ideas, decisions, people, and organizations that made the automotive business the way it is today.

Do you have a question about the car business or shopping for a car that you would like answered on the show? Email [email protected] with your question and you might be featured on the show!

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Episodes

E35: Overseas Delivery Programs

December 11, 2023 14:30 - 26 minutes - 24.6 MB

Overseas Delivery Programs, what they are, how did we end up with them briefly during the 1990s and 2000s, why we only have 1 program standing, and whether that program (Volvo) is a good idea or not. I also talk about my rental of a brand new Cadillac XT5 Premium Luxury from Hertz in Phoenix, AZ. --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E34: 2023 Market Update and Drive By

October 29, 2023 19:25 - 41 minutes - 39.6 MB

Howdy! For this long belated episode, I do a drive-by of three of the most impactful events in the automotive market this year: 1) Tesla's continued price cuts, which launched an EV price battle, 2) is EV demand saturating?, and 3) how high interest rates have impacted certain corners of the car market. I also discuss a rental car roulette that is a minivan- my favorite category of cars! I drive a 2022 Chrysler Pacifica Hybrid Touring-L from Budget Rent-a-Car! --- Send in a voice messa...

E33: The Big Tesla Price Cuts

January 14, 2023 22:13 - 41 minutes - 38.9 MB

On this emergency episode of the podcast, I evaluate and assess the big Tesla price cuts implemented on January 13, 2023 and what the immediate implications for other automakers, current Tesla owners, and EV shoppers.  I also talk about a fun rental car roulette- a Ford Mustang Ecoboost Convertible!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E32: 2022 in Review and Thoughts on 2023

January 08, 2023 22:06 - 29 minutes - 27.6 MB

On the first episode of 2023, I reflect on how the automotive market went in 2022 for consumers, dealers, and automakers and talk about how 2023 might unfold. I also evaluate a Toyota RAV4 Hybrid that was surprisingly available at Hertz!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E31: The End of the Manual Transmission

September 14, 2022 00:30 - 29 minutes - 30.3 MB

On this episode, I mourn the end of the manual transmission and discuss how from a business perspective we've wound up at this point. I also discuss the first pickup truck on rental car roulette! Have an automotive related question? Send it to [email protected]!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E31: Pour One Out for the Manual Transmission

September 12, 2022 15:30 - 30 minutes - 31.6 MB

In this episode, I discuss the end of the manual transmission and what it means for car enthusiasts and drivers in general. Plus, on this rental car roulette, I finally experience a Toyota Tacoma!  --- Send in a voice message: https://anchor.fm/jesse-chan/message

E30: Car Buying Today vs. Pre-Pandemic: An Interview with the Alberts Family

August 22, 2022 15:00 - 37 minutes - 26.8 MB

On this episode, I interview the Alberts family (Jeff, Maria, and Stephanie) about their car buying experiences pre-pandemic (Stephanie) and today (Jeff and Maria). Having been involved in both purchases, we talk about their car buying experiences, how it's changed, and their advice for car shoppers today. I also briefly discuss a second appearance on rental car roulette for the Ford Edge, which has been refreshed for 2022 with minor updates! --- Send in a voice message: https://podcaster...

E29: The Death of the Affordable New Car

August 08, 2022 15:00 - 28 minutes - 27.3 MB

In this episode, I explore the death of the affordable new car, with average new car prices rising to over $46,000 recently (up from $39,000 in December 2020). I'll discuss why the average price has jumped so dramatically, why this issue has flown under the radar, and my thoughts on how this will trend over the next few years.  I'm also revisiting a previous rental car roulette selection, the Mazda CX-30 2.5S Select.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/j...

E28: What Makes a Car Influential? And Influential Cars of the Past 25 Years

June 27, 2022 15:00 - 38 minutes - 36.2 MB

In this episode, I talk about what makes a new car "influential" for the automotive business, in my opinion, and share thoughts on the three most influential products of the past 25 years. I also discuss another rental car roulette, where I experience the current generation Ford Escape with the 1.5L 3-cylinder engine. Have a question about the automotive business? Send it in to [email protected]!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/...

E27: Company Cars Visits the New York Auto Show!

May 23, 2022 15:00 - 37 minutes - 35.2 MB

It's the first post-pandemic era auto show season, and to explore what this meant, I visited the New York Auto Show in mid-April 2022. I talk about how the auto show has changed since the pandemic, how the extremely tight supply of new cars affected the Show, and how the New York show compared to the post-pandemic Austin show. Plus I discuss my latest experience with Rental Car Roulette at Hertz in Atlanta.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/m...

E26: Is Carmax the Way Car Buying Should Be?

April 04, 2022 16:00 - 40 minutes - 37.3 MB

In this episode, I explore the Carmax concept of used car sales--the idea that selling used cars can be very similar to buying a new desktop computer. I also explore the modern evolution of this concept--the internet only used car retailer by exploring the business model of Vroom, Carvana, and Shift, among others.  I also discuss another rental car roulette--a 2019 Kia Optima LX with 55,000 miles on the odometer!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse...

E25: The Internet Revolution (?) in Car Buying

March 21, 2022 16:00 - 43 minutes - 40.1 MB

In this episode, we explore the past internet revolution in car buying, the forthcoming (or already underway?) internet revolution in car buying, and how the pandemic accelerated the forthcoming internet revolution. In rental car roulette, I discuss the Chevrolet Trailblazer and why it's a better sub-compact SUV than the Jeep Compass from episode 24. --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E24: Where did all the affordable new cars go?

February 21, 2022 19:00 - 40 minutes - 37.9 MB

In this episode, we discuss the rapid disappearance of affordable new cars, especially in light of record high new vehicle transaction prices and the explosive popularity of one particular affordable new car, the Ford Maverick. Rental Car Roulette also returns with a bright orange Jeep Compass Trailhawk!  Note: In rental car roulette, I mentioned the Compass had around 15,000 miles. This is erroneous. It only had about 9,000 miles when I drove it. This difference in mileage does not affect ...

E23: Auto Shows

January 17, 2022 17:00 - 28 minutes - 26.7 MB

Ever wondered what an auto show was? Why do automakers bring a bunch of cars, park them inside a convention center, and then sell tickets to people to come and see cars? Has the pandemic destroyed the need for an auto show? Those questions explored on this week's episode of Company Cars!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E22: Tesla, Part 1

January 04, 2022 15:00 - 35 minutes - 32.9 MB

In this episode, we finally take a stab at addressing the elephant in the room on this podcast: Tesla. Over the past year, I've gotten many requests for episodes to discuss various things Tesla is doing, and this episode marks the first of probably many episodes where we discuss Tesla and the many ways it has revolutionized the automotive business.  We begin very broadly with a brief discussion of the critical insights that led to the company's founding, how these insights guided the initia...

E21: Company Cars with Quinn Osha of Topmarq

November 20, 2021 20:00 - 23 minutes - 21.3 MB

On this episode, we sit down to talk with Quinn Osha, the founder of Topmarq, an online platform to gather bids when selling your used car. We sit down and talk about Topmarq's story, its role in the car business, and Quinn's thoughts on how the car business has changed with COVID-19 and his opinion on what to do if you need to buy a new car right now. Plus we do a brief industry news round up covering the latest events in the automotive business as we approach the end of 2021 and a drive-b...

E20: Navigating the Terrible, Horrible, No Good, Very Bad Time to Buy a Car

November 09, 2021 15:00 - 40 minutes - 37.9 MB

On this episode, we're checking in with the supply shortage of new cars and how the car market has (or has not...) changed since our last episode in May 2021 about this topic. We get a little more tactical about what to do if you happen to find yourself in need of a new car during this tumultuous time. And we celebrate the return of rental car roulette, where I check in on the state of Hertz's rental car selection and try out a Mazda CX-30.  --- Send in a voice message: https://podcasters...

E19: A Trip to the CAFE

October 12, 2021 15:00 - 30 minutes - 28.1 MB

In this long-delayed episode, we explore all the business decisions behind the large, miles-per-gallon numbers you see on a window sticker when you go car shopping. We discuss what regulations govern fuel economy for cars sold in the United States, how the numbers used for regulatory purposes differ from what you see on the window sticker, and how fuel economy regulations can influence the cars that automakers sell in the United States.  We also make an exciting announcement about rental ca...

E18: The Origin Stories of Japanese Luxury Cars: Amati

August 09, 2021 15:00 - 23 minutes - 22.2 MB

On the final episode of our multi-episode series, we talk about Amati, the luxury brand that never made it to the starting line. We discuss what Mazda had in the works for Amati, the rumors surrounding what Mazda was working on, and why timing is everything in the car business.  For Raphael Orlove's 2018 Jalopnik piece about Amati, visit this page: https://jalopnik.com/it-was-japan-s-most-daring-car-then-the-economy-implod-1826265571 For the New York Times' piece about Mazda's success movi...

E17: The Origin Stories of Japanese Luxury Cars: Infiniti

July 13, 2021 18:00 - 28 minutes - 26.8 MB

We continue our multi-episode series (Episode 3 of 4) about the origin stories of Japanese luxury car brands. In this episode, we examine Nissan's efforts to launch a premium brand named Infiniti, best known for its quirky TV ads that featured no shots of the car to build curiosity and interest in its first car, the Q45.  Have a listener question? Email it to [email protected]!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E16: The Origin Stories of Japanese Luxury Cars: Lexus (Part 2 of 3)

June 29, 2021 19:00 - 28 minutes - 26.5 MB

We continue our multi-episode series exploring the origin stories of Japanese luxury car brands. In this episode, we walk through how Toyota decided to launch Lexus and how Lexus upended the US luxury car market in a way neither Infiniti nor Acura did. Have a listener question? Email it to [email protected]!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E15: The Origin Stories of Japanese Luxury Cars: Acura (Part 1 of 3)

June 22, 2021 15:00 - 31 minutes - 29.5 MB

In this episode, we begin a multi-episode series exploring the origins of Japanese luxury car brands. You may have seen Acuras, Infinitis, and Lexuses of all ages driving around and wondered: where did these brands come from? In this series, we walk through how the original business decisions underlying each brand have shaped their presence today and we walk through the origin story of one luxury brand that never made it to the starting line: Amati.  This episode starts with the context and...

E14: Empty Lots- The Supply Squeeze Explained

June 01, 2021 01:35 - 28 minutes - 26 MB

On this episode, we explore why a perfect storm of factors has made this summer the worst car buying market in recent history. We also send the Craigslist Challenge out for summer vacation, explain why it might make sense to buy out your lease, and explore when the market might recover from the current insanity!  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

E13: Is the Price Right? How Automakers Price Cars

April 27, 2021 15:00 - 37 minutes - 34.3 MB

On this episode we explore a topic near and dear to my heart: automotive pricing! What forces shape automakers' pricing decisions? Who decided that new car was going to cost exactly $29,995? When do automakers start thinking about pricing a new car? How does an automaker know it's priced a car correctly? How do they course-correct after a car goes on sale? We'll explore all those topics, plus a practical-themed Craigslist Challenge this week.  Craigslist Challenge pick: 2015 Honda Odyssey T...

E12: The Truth Hertz: Rental Car Company Economics

April 12, 2021 16:00 - 30 minutes - 27.8 MB

How does the business of renting cars work? Do rental car companies buy and sell cars differently from the rest of us? Why are rental cars so expensive for Summer 2021? Is the rental car business a good one to be in? How might the rental car business evolve over the next decade?  All those questions explored, plus a fun, summer-themed Craigslist Challenge on this week's episode!  This week's Craigslist Challenge pick: 2001 Porsche Boxster, 84.5k miles, $10k list price: https://losangeles.c...

E11: Let's Make a Deal: Car Dealership Economics

March 29, 2021 16:00 - 56 minutes - 52.4 MB

Ah yes. The car dealership. Everyone's favorite place to visit, right? Wait... not everyone visits car dealerships for fun?  In this episode, we explore the economics that allow car dealerships to function. Specifically, we'll discuss the background for why dealerships exist, how they're organized, what the business model(s) look like, how this has changed over the past 2 decades, how it could change going forward, and what this means for you the next time you go to buy or lease your next c...

E10: On the Highway to Hydrogen (?), Part 3

March 15, 2021 15:00 - 32 minutes - 29.7 MB

This week, we wrap up our multi-episode series about hydrogen fuel cell powered cars. We explore hydrogen's potential role in the future of clean energy transportation, what the near term future looks like for hydrogen powered cars and the hydrogen fueling infrastructure, and how BEVs and FCEVs can complement each other.  We also take a listener question about whether or not to trade cars with a family member, and we try another round of the Craigslist Challenge!  Craigslist Challenge ($10...

E9: On the Highway to Hydrogen (?), Part 2

March 01, 2021 15:00 - 33 minutes - 31.4 MB

Hydrogen powered cars. What is the history behind them? Who is working on this? Who has been working on this? How does the government support hydrogen fuel cell research? In the second of a multi-episode series, we explore the history behind the hydrogen-powered vehicle. We explore how the government has supported hydrogen fuel research and development and the unlikely excitement for hydrogen fuel cells among large oil companies. We also discuss an update on a topic discussed in a previous e...

E8: On the Highway to Hydrogen (?), Part 1

February 16, 2021 14:00 - 25 minutes - 23.4 MB

Hydrogen powered cars. What are they? How do they work? How are they different from a battery electric vehicle like a Tesla? Why are these cars only available in California? In the first of a multi-episode series about fuel cell vehicles, we explore the basic structure of hydrogen powered cars and specifically hydrogen fuel cell electric vehicles (FCEVs). We also explore what hydrogen fuel cell vehicles are available for sale today, why these cars are sold only in California, and whether we'...

E7: The Big Short (Squeeze)

February 02, 2021 13:00 - 34 minutes - 32 MB

As we all hear about the recent stock market frenzy about a video game retailer and redditors attempting to take down hedge funds and short sellers through something called a 'short squeeze', this week we explore an automotive short squeeze that many have been comparing GameStop to this past week. We'll examine the infamous Volkswagen / Porsche Short Squeeze, how a tiny little automaker from Stuttgart almost secretly took over one of the largest automakers on the planet, and how Porsche quic...

E6: A Star is Born

January 26, 2021 14:00 - 42 minutes - 39.7 MB

It's 2021, and the year has already given birth to a new automaker! This automaker already has an accomplishment under its belt: the world's 4th largest automotive group, behind Volkswagen, Toyota, and the Renault-Nissan-Mitsubishi Alliance. On January 16, 2021, Stellantis was born from the merger of French carmaker Groupe PSA and Italian-American carmaker Fiat Chrysler Automobiles (FCA). Why did the two automakers decide to merge? What does this mean for American car shoppers? We explore th...

E5: Ghosn in 60 Seconds (2/2)

January 19, 2021 00:03 - 37 minutes - 34.4 MB

In the second of a two part episode, we discuss Carlos Ghosn's retirement from being CEO of Nissan, his last grand project to reshape the automotive landscape, and the charges that led to his arrest. We also discuss Carlos Ghosn's rebuttal and his possible motives for doing what the Japanese government has accused him of doing.  In addition, an exciting update on rental car roulette and we talk about a listener question related to rental cars!  --- Send in a voice message: https://podcas...

E4: Ghosn in 60 Seconds (1/2)

January 08, 2021 14:21 - 31 minutes - 29.5 MB

Carlos Ghosn was the star automotive CEO of the 2000s. Having turned around two struggling automakers and leading them through the global financial crisis, Carlos Ghosn's skills and insights were the envy of boardrooms across the globe. But, in December 2019, this former star CEO became an international fugitive having escaped from house arrest in Japan and smuggled into Lebanon in an elaborate scheme straight out of a spy movie. Who is Carlos Ghosn? How did he end up being the only CEO to r...

E3: MaaS Transportation

December 29, 2020 16:00 - 27 minutes - 25.2 MB

As many of us departed our home offices for our living rooms, the press was abuzz with rumors Apple wanted to get into the car business. What about the car business makes Apple so interesting? Why are technology companies so interested in disrupting the car business? Is car ownership dead? Why are people in the car business suddenly talking about buzzwords like "mobility" and "subscriptions"? In today's episode, we explore Mobility-as-a-Service and why suddenly everyone wants a piece of the ...

E2: Crossing Over to the Tall Side

December 22, 2020 15:20 - 23 minutes - 21.8 MB

Take a look around any parking lot in America and chances are you'll see a wide assortment of tall, wagon-y shaped things called Crossovers or SUVs. Why are these cars so popular? When did they start mushrooming and appearing all over the place? What happened to all the 'normal' cars we used to see in the 2000s? Plus Jesse takes a listener question on episode 2 of Company Cars.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message

Pilot: Happy Winter Car Sale!

December 15, 2020 20:54 - 24 minutes - 23 MB

Why did winter car sales become such an American cultural institution worthy of memes and comedy skits? Is it really a good idea to gift someone a car and make it a complete and total surprise? Are the prices better for cars during these winter car sales? Why do car dealers and manufacturers make such a big deal of these sales? All those questions answered plus Jesse reminisces about rental car roulette before the pandemic on the pilot episode of Company Cars.  --- Send in a voice message...

Trailer

December 13, 2020 01:53 - 1 minute - 1010 KB

A preview of a new podcast about cars, the car business, and why the automotive business is the way it is today.  --- Send in a voice message: https://podcasters.spotify.com/pod/show/jesse-chan/message