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 Newscast

CBT automotive newscast: February 11, 2022

- February 11, 2022
Inside Automotive: Dealer Principal Lawrence Vaughn's hard work is paying off big time This Black History Month, we are celebrating the diversity that exists within our industry while also recognizing the disparities...
Price
Daily Automotive News

Pop goes the used car market bubble? Lucky Lopez weighs in.

- February 10, 2022
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer...
mask mandates
Daily Automotive News

First steps to fewer restrictions: Mask mandates are being lifted in several states

- February 10, 2022
On Wednesday, New York State Governor Kathy Hochul announced that mask mandates will not be renewed as they expire on Thursday. The news comes just two weeks after a court...
Daily Newscast

CBT automotive newscast: February 10, 2022

- February 10, 2022
Inside Automotive: Powerful ways to pick yourself up when hardships knock you down Many of us experience setbacks and get knocked down from time to time, whether it be rejection in business...
market
Daily Automotive News

Market Outlook: What should auto dealers watch out for this Spring?

- February 9, 2022
On this edition of Inside Automotive, we’re pleased to welcome back John Ellis, Inventory Strategist for Cox Automotive. As a Strategist for Cox Automotive, John has the ability to see...
chip shortage
Daily Automotive News

Where does the semiconductor chip shortage stand today?

- February 9, 2022
With modern cars sometimes needing thousands of semiconductor chips to run the various electronics, automakers are still feeling the effects of the shortage. Today’s new cars are being sent off...
tech
Daily Automotive News

Showcase top tech in the walk-around to connect to customers

- February 9, 2022
On Tuesday, Kelley Blue Book released a list of automotive technologies for car shoppers highlighting the best features to look for in a vehicle in 2022. Some are convenience options...
Daily Newscast

CBT automotive newscast: February 9, 2022

- February 9, 2022
Featured Show: What is Google Analytics 4 and why does your car dealership need it? Google Analytics is critical for auto dealers to measure the effectiveness of their marketing strategies. It can...
CBT News Placeholder
Daily Newscast

It’s finally good to hear an auto CEO say what many are thinking

- February 8, 2022
To the Editor: The industry and the public do not want EVs to replace ICE on the scale governments are promoting. And, to Tavares’ point, the middle class will ultimately have...
Ford
Daily Automotive News

What is Ford doing at the Detroit train station?

- February 8, 2022
While most of the recent news about Ford Motor Co. has dealt with its electric vehicle technologies, the automaker announced last week that it will be partnering with Google to...


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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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Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
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Baumann Auto Group
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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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Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
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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.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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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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