TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


Automotive News

Daily Automotive News

How car dealers can provide superb eCommerce experiences for customers – Paulo da Silva | Cox Automotive

- March 10, 2022
On this edition of Inside Automotive, we're pleased to welcome Paulo da Silva, Vice President of Operations for Cox Automotive’s Esntial Commerce. Today, da Silva and anchor Jim Fitzpatrick joins...
Daily Automotive News

How EBlock is transforming the way car dealers approach online car auctions

- March 10, 2022
On this edition of Inside Automotive, we’re pleased to welcome Jason McClenahan, President and CEO of EBlock, and Jai Macker, Chief Product Officer for EBlock. In this segment, the pair...
Daily Automotive News

CarNow launches Real-Time Retail platform to elevate the car-buying experience

- March 10, 2022
Founded in 2014 and headquartered in Atlanta, Georgia, CarNow is a market leader in digital retailing solutions for the automotive industry. With more than 4,500 dealership partners and over twenty...
Daily Automotive News

Consumer sentiment of chip shortage pushes over 1 in 5 to postpone purchase

- March 10, 2022
The ongoing chip shortage forced Ford to shut down production for their profit-driving pickups and SUVs last week, idling assembly lines in Kentucky and Ohio temporarily. While some sources predicted...
Daily Automotive News

How dealership groups are reducing missed sales during the automotive supply shortage

- March 10, 2022
As automotive supply shortages continue to drag on, now more than ever, every sale counts. The trouble is, dealership groups are leaving crucial sales opportunities on the table — often...
Daily Newscast

CBT automotive newscast: March 10, 2022

- March 10, 2022
Headlines: Rivian Automotive investor Charles Crews filed a lawsuit against the automaker on Monday, accusing it of lying to investors about the initial prices of its R1s and R1T vehicles. The...
Daily Automotive News

Cox Automotive’s Cheryl Miller on game-changing innovations happening in digital auto finance

- March 9, 2022
Dealerships and finance companies have had a lot of technology to choose from in the last few years, and several game-changing capabilities are now available in the market. On this...
Daily Automotive News

How auto dealers can unleash the power of first-party data marketing and personalization – Gary Marcotte | Outsell

- March 9, 2022
Today on Inside Automotive, we’re pleased to welcome Gary Marcotte, Senior Vice President at Outsell, an AI-driven, digital marketing SaaS company that transforms the way automotive brands engage with consumers....
Daily Automotive News

Leading digital dealer-to-dealer auction marketplace expands inventory access in U.S.

- March 9, 2022
Burlington, VT – EBlock enables dealers to buy and sell inventory in less time through its dealer-to-dealer digital auction marketplace that captures the energy and urgency of a live auction.  “Dealers...
Daily Automotive News

Discover the strength of in-market video advertising with FUEL – Dean Evans & Terry Reid

- March 9, 2022
On this edition of Inside Automotive, we’re pleased to welcome the Co-founders of FUEL, Dean Evans, Executive Vice President at Cars.com, and Terry Reid, CEO of FUEL. FUEL, powered by...


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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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