TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%
TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%
TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%


Automotive News

Daily Automotive News

Taking the one-person sales model to the next level with A2Z Sync — Chip Perry, Brian Benstock & Perry Watson

- March 15, 2022
At this year’s NADA Show in Las Vegas, CBT News caught up with Chip Perry, CEO of A2Z Sync along with Brian Benstock, Partner GM and Vice President of Paragon Honda...
Daily Automotive News

As automakers go all-in on EVs, will they drop franchise dealers in favor of direct-to-consumer sales?

- March 15, 2022
Consumers today have options at their fingertips and while the automotive purchase process has changed to meet these consumer needs over the past few years, what does this mean for...
Unifor
Daily Automotive News

Unifor president Jerry Dias retires due to health issues, effective immediately

- March 15, 2022
On Sunday, the national president of Unifor announced he is retiring from his role, effective immediately. Citing issues of health, the announcement comes just five months before his intended retirement...
Daily Newscast

CBT automotive newscast: March 15, 2022

- March 15, 2022
Inside Automotive: As automakers go all-in on EVs, will they drop franchise dealers in favor of direct-to-consumer sales? Consumers today have options at their fingertips and while the automotive purchase process has...
Daily Newscast

CBT automotive newscast: March 14, 2022

- March 14, 2022
Featured Show: How these two sisters and dealer principals are enriching opportunities for women across their stores Two sisters out of suburban Chicago were brought into their family business as the next...
KBB
Daily Automotive News

KBB Brand Image Awards show consumers’ opinions on best brands

- March 14, 2022
The results of the latest Kelley Blue Book Brand Watch Study have been compiled, and the results are posted in the 2022 Brand Image Awards. These awards are intended to...
Daily Automotive News

Friday 5 Special Edition: On-site at the 2022 NADA Show in Las Vegas

- March 11, 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

What are today’s auto dealers most concerned with? VADA Pres. Don Hall weighs in.

- March 11, 2022
On this edition of Inside Automotive, we’re pleased to welcome back Don Hall, President and CEO of the Virginia Automobile Dealers Association, to discuss a few hot issues facing auto...
Daily Newscast

CBT automotive newscast: March 11, 2022

- March 11, 2022
Inside Automotive: What are today's auto dealers most concerned with? VADA Pres. Don Hall weighs in. On this edition of Inside Automotive, we’re pleased to welcome back Don Hall, President and CEO...
Daily Automotive News

Increase the speed and efficiency of transactions with digital registration and titling – Kait Gavin

- March 10, 2022
On this edition of Inside Automotive, we're pleased to welcome back Kait Gavin, Vice President of Operations for Dealertrack Titling Solutions. Today, Gavin and anchor Jim Fitzpatrick discuss how the...


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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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CBT News
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