TSLA376.3552.635%
GM77.215-1.305%
F12.340-0.14%
RIVN16.630-0.32%
CYD40.995-0.875%
HMC24.295-0.185%
TM192.480-3.6%
CVNA397.955-5.065%
PAG160.1800.18%
LAD275.030-1.36%
AN202.290-0.68%
GPI335.890-3.89%
ABG200.750-1.26%
SAH70.705-0.515%
TSLA376.3552.635%
GM77.215-1.305%
F12.340-0.14%
RIVN16.630-0.32%
CYD40.995-0.875%
HMC24.295-0.185%
TM192.480-3.6%
CVNA397.955-5.065%
PAG160.1800.18%
LAD275.030-1.36%
AN202.290-0.68%
GPI335.890-3.89%
ABG200.750-1.26%
SAH70.705-0.515%
TSLA376.3552.635%
GM77.215-1.305%
F12.340-0.14%
RIVN16.630-0.32%
CYD40.995-0.875%
HMC24.295-0.185%
TM192.480-3.6%
CVNA397.955-5.065%
PAG160.1800.18%
LAD275.030-1.36%
AN202.290-0.68%
GPI335.890-3.89%
ABG200.750-1.26%
SAH70.705-0.515%


Automotive News

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...
Daily Automotive News

GM and Honda to collaborate on affordable EV development

- April 6, 2022
On Tuesday, April 5, General Motors and Honda announced a joint project to develop electric vehicles centered around the Ultium battery platform. The partnership is expected to produce mass volume...
Daily Newscast

CBT automotive newscast: April 6, 2022

- April 6, 2022
Inside Automotive: M&A activity stays in high gear across automotive industry Today on Inside Automotive, we’re pleased to welcome back Alan Haig, President and Founder of Haig Partners, to give us his...
Daily Automotive News

Hertz to buy 65,000 vehicles from Polestar over next five years

- April 5, 2022
On Monday, Swedish electric vehicle manufacturer Polestar and Hertz Corporation announced a deal that sees the carmaker sell 65,000 EVs to the rental company. The agreement is intended to spark...
Daily Newscast

CBT automotive newscast: April 5, 2022

- April 5, 2022
Inside Automotive: 5 auto retail trends that could impact long-term dealership growth As the first quarter of the year comes to a close, how are car dealers balancing consumer demands, recruitment, and...
Daily Automotive News

VinFast to manufacture in North Carolina with a $4 billion investment

- April 4, 2022
Vietnamese electric vehicle (EV) startup VinFast confirmed earlier this week that it had chosen North Carolina as the location of a new production facility. VinFast’s facility will be the first...
Daily Newscast

CBT automotive newscast: April 4, 2022

- April 4, 2022
Inside Automotive: How consumer privacy controls are reshaping auto marketing strategies As privacy laws expand giving consumers more control, what type of impact is this having on you, the advertiser? And what...
Daily Automotive News

On-demand car rental startup Kyte secures $200M in credit financing and BMW Group set to acquire luxury brand Alpina

- April 1, 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

EV adoption and record M&A activity present unique opportunities for Colorado

- April 1, 2022
Despite the unpredictability of today’s retail automotive market, 17% of Colorado’s new-vehicle dealerships changed hands last year, according to Automotive News. The buy-sell market continues to heat up in the...
April U.S. auto sales Honda, Acura
Daily Automotive News

Honda brings focus back to reliability with 10-year-old CPO vehicle program

- April 1, 2022
On Thursday, Honda unveiled a new program for pre-owned car shoppers they hope will provide a competitive advantage in sales. The program is called HondaTrue Used and offers coverage for...


Latest Articles

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

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 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

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?


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.