TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.0499%
RIVN16.780-0.17%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.000-4.02%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%
TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.0499%
RIVN16.780-0.17%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.000-4.02%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%
TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.0499%
RIVN16.780-0.17%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.000-4.02%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%


Automotive News

Daily Automotive News

How automotive manufacturers can create resilient supply chains in uncertain times

- April 11, 2022
2022 is off to an unexpected start. While it may have seemed that disruptions in supply chains are lessening as COVID-19 restrictions are relaxed, that hasn’t been the case. Ramifications...
Daily Newscast

CBT automotive newscast: April 11, 2022

- April 11, 2022
Inside Automotive: Auto dealer Gary Barbera gives back to Philadelphia with Free Gas Fridays Consumers are feeling the impact of rising gas prices across the country and Gary Barbera, Founder of Barbera's...
AutoNation sells remaining ..Friday 5
Daily Automotive News

Brookfield to acquire CDK Global in blockbuster deal and total funding for Turo tops $500M

- April 8, 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 Automotive News

How to sell the latest in-vehicle technology to car buyers

- April 8, 2022
Modern vehicles are loaded with advanced technology designed to provide enhanced safety, performance, and entertainment options for new car buyers.  According to Kelley Blue Book, new car buyers are looking for...
Daily Newscast

CBT automotive newscast: April 8, 2022

- April 8, 2022
Inside Automotive: Don't let band-aid solutions compromise your CSI - Jennifer Suzuki | eDealer Solutions Today on Inside Automotive, we discuss client retention in the service department with Jennifer Suzuki, President of...
CDK Global
Daily Automotive News

Brookfield enters formal agreement to acquire CDK Global in multi-billion dollar deal

- April 7, 2022
Automotive Ventures CEO Steve Greenfield recaps this breaking news bulletin Together with institutional partners, Brookfield Business Partners (collectively "Brookfield") have entered into a formal agreement to purchase CDK Global, a leading...
Daily Automotive News

High gas prices lead to greater EV awareness, used car payments near $500 – Jessica Caldwell | Edmunds

- April 7, 2022
As gas prices continue to climb, more shoppers are turning their attention to EVs, according to Edmunds. Today on inside Automotive, we’re pleased to welcome back Jessica Caldwell, Executive Director...
Daily Newscast

CBT automotive newscast: April 7, 2022

- April 7, 2022
Inside Automotive: High gas prices lead to greater EV awareness, used car payments near $500 - Jessica Caldwell | Edmunds As gas prices continue to climb, more shoppers are turning their attention...
Daily Automotive News

M&A activity stays in high gear across automotive industry

- April 6, 2022
Today on Inside Automotive, we’re pleased to welcome back Alan Haig, President and Founder of Haig Partners, to give us his perspective on the industry right now on the heels...
Daily Automotive News

Disruptions in the car business: How are auto dealers coping?

- April 6, 2022
From the first quarter of 2020 until the present, the COVID pandemic has forced dealerships to rethink the customer journey. Lasting changes have resulted, along with the furious implementation of...


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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.
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