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

5 trends shaping the auto industry in 2022 – Brian Finkelmeyer | Cox Automotive

- February 28, 2022
Throughout the past few years, there has been a lot of conversation surrounding new car inventory and prices. Now that we’re in the first quarter of 2022, what key things...
Daily Newscast

CBT automotive newscast: February 28, 2022

- February 28, 2022
Inside Automotive: Letting your customers be in control of the car buying experience On the latest episode of Straight Talk, host David Lewis, President of David Lewis & Associates, discusses why customers should have...
AutoNation sells remaining ..Friday 5
Daily Automotive News

Which OEM is considering an IPO? What automotive real estate company was acquired for $3.8B?

- February 25, 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...
Russia
Daily Automotive News

Oil prices cross $100 mark as Russia invades Ukraine

- February 25, 2022
For the first time since 2014, oil prices exceeded $100 per barrel on Thursday. The benchmark Brent Crude ripped 8% higher in early morning trading as Russian forces began an...
Daily Newscast

CBT automotive newscast: February 25, 2022

- February 25, 2022
Inside Automotive: GM Shawn Hays on sourcing inventory, dealership culture, and training Today on Inside Automotive, we’re pleased to welcome back Your Car Guy Shawn Hays, General Manager of Carter Myers Colonial...
buy-sell
Daily Automotive News

Is the automotive buy-sell market on track for another record year?

- February 24, 2022
Last year was monumental for mergers and acquisitions. Can the auto industry expect to see more of the same in 2022? On this edition of Inside Automotive, we’re pleased to...
Stellantis
Daily Automotive News

In the first year of merger, Stellantis profits $15 billion

- February 24, 2022
On Wednesday, Stellantis posted their 2021 financial results, denoting the company’s first ‘full’ year of business since Fiat Chrysler Automobiles and PSA Group merged in January 2021. Profits nearly tripled,...
Daily Newscast

CBT automotive newscast: February 24, 2022

- February 24, 2022
Inside Automotive: Is the automotive buy-sell market on track for another record year? Last year was monumental for mergers and acquisitions. Can the auto industry expect to see more of the same...
Daily Automotive News

How the auto industry’s digital transformation is changing marketing – Bob George | Dealer.com

- February 23, 2022
Car dealers have learned now more than ever how to react quickly and stay resilient when faced with challenges. However, reactivity can only get you so far, especially as short-term...
consumer
Daily Automotive News

Understand the consumer to master their experience

- February 23, 2022
The pressure for convenient, online options has driven dealers to find new ways of doing business, while upholding their tried and true operations at the same time.  The result? A balancing...


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Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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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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Hyundai's profit drops 24% as tariffs, weak global demand persist 
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Autonomous
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Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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