TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%
TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%
TSLA373.720-13.79%
GM78.520-0.48%
F12.480-0.15%
RIVN16.950-0.79%
CYD41.870-0.72%
HMC24.480-0.14%
TM196.080-4.35%
CVNA403.000-13.79%
PAG160.0000.53%
LAD276.390-0.19%
AN202.970-0.41%
GPI339.780-2.08%
ABG202.010-0.44%
SAH71.2200.2%


Automotive News

parts suppliers
Daily Automotive News

Soaring commodity costs signal price increases for vehicle parts

- May 6, 2022
Over the past two years, commodity costs have spiked between 200 and 300%, and parts suppliers are feeling the heat. Bosch announced during their annual news earnings conference on Wednesday...
Daily Newscast

CBT automotive newscast: May 6, 2022

- May 6, 2022
Inside Automotive: Adam Marburger shares valuable F&I tips and key ideas from his brand new book Do you get in your own way? It can be a difficult reality to accept, but...
Fed
Daily Automotive News

Fed raises interest rates by half a percentage point, aims to cool inflation

- May 5, 2022
On Wednesday, May 4, the Federal Reserve announced another target interest rate hike intending to quell inflation wreaking havoc American economy. The Fed's target rate range jumps from 0.75% to...
Daily Newscast

CBT automotive newscast: May 5, 2022

- May 5, 2022
Inside Automotive: Florida dealer AJ Hiers on the future of the franchise dealership model Is the franchised dealer structure coming under attack? Today on Inside Automotive, we’re pleased to welcome AJ Hiers,...
Daily Newscast

CBT automotive newscast: May 4, 2022

- May 4, 2022
Inside Automotive: Experience over price: How to boost brand and dealership loyalty - Bob Lanham | Meta According to a recent study from Meta, 80% of people who have a good purchase...
Daily Newscast

CBT automotive newscast: May 3, 2022

- May 3, 2022
Inside Automotive: The best ways for car dealers to navigate tough market conditions - Sean Gardner | JVG Salespeople and managers are consistently looking to get their hands on all of the...
Daily Newscast

CBT automotive newscast: May 2, 2022

- May 2, 2022
Inside Automotive: How car dealers can drive more customers to their inventory with Google vehicle ads Google is making things a little easier for car dealers and potential customers with the recent...
Automotive Ventures EVs startups connected car Buick CES
Daily Automotive News

Elon Musk startup now valued at $5.6B, electric vehicle charging company raises $125M

- April 29, 2022
Welcome to this episode of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Daily Newscast

CBT automotive newscast: April 29, 2022

- April 29, 2022
Headlines: Auto retailer Sonic Automotive released its first-quarter results yesterday, which noted several record numbers all across the board. Revenue for the quarter increased almost 29% year-over-year to $3.6 billion, while...
Hugh Hathcock
Daily Automotive News

Special Edition: Hugh Hathcock makes $12.6M game-changing donation to University of Florida Athletics

- April 28, 2022
Dealers and vendors within the retail automotive industry have always been known for giving back to their communities and charities in an effort to help others. Every so often, a...


Latest Articles

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
Latest Articles 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions

Tesla is winning the self-driving race – so why is Washington trying to slow it down?
Latest Articles 04/24/26

Tesla is winning the self-driving race – so why is Washington trying to slow it down?

Cox Automotive to acquire Fullpath to expand AI-driven marketing, data capabilities
Latest Articles 04/23/26

Cox Automotive to acquire Fullpath to expand AI-driven marketing, data capabilities

Detroit 3 release CEO pay, Tesla bets big on self-driving tech, Near-new used car sales soar
Latest Articles 04/23/26

Tesla boosts AI spending, Amazon Autos expands, Rivian ramps R2 production

Tesla ramps up AI spending to $25B, signals near-term cash pressure
Latest Articles 04/23/26

Tesla ramps up AI spending to $25B, signals near-term cash pressure

Amazon Autos expands to six brands,
Latest Articles 04/23/26

Amazon Autos expands to six brands, reshaping online car buying


CBT News
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