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 8, 2022

- February 8, 2022
Inside Automotive: Are you asking customers the right questions at your car dealership? Welcome to another edition of Inside Automotive with Jim Fitzpatrick who is joined by Sean Gardner, instructor and sales...
Daily Automotive News

Is your F&I department keeping up with today’s car buyer? – Emil Banga | Dealertrack

- February 7, 2022
Over the last few years, the F&I department has undergone significant digital changes and continues to impact customer experience in big ways. Today on Inside Automotive, we’re taking a look...
right to repair Biden, railroad strike
Daily Automotive News

How will the Right to Repair bill affect car dealerships?

- February 7, 2022
A bill introduced by U.S. Rep. Bobby Rush, D-Ill. intends to give consumers the blanket coverage under federal law to have their vehicle repaired by anyone they see fit. The...
Daily Newscast

CBT automotive newscast: February 7, 2022

- February 7, 2022
Featured Show: Why trust is a must for growing and retaining your customer base No matter what business you are in, retaining and growing your customer base must be a priority in...
AutoNation sells remaining ..Friday 5
Daily Automotive News

CDK Global introduces new marketplace and a self-driving tech firm raises $1.35B

- February 4, 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 recalls continue to hinder route to mass adoption

- February 4, 2022
Recalls continue to hamper EVs, and being the world’s highest-volume electric car maker doesn’t seem to make it any easier. Tesla has issued two recalls this week, and the Chevrolet...
Daily Newscast

CBT automotive newscast: February 4, 2022

- February 4, 2022
Inside Automotive: How to completely crush your sales goals this year - Matt Easton | Easton University On the heels of an unpredictable, yet robust and profitable year for many, car dealers...
Daily Newscast

CBT automotive newscast: February 3, 2022

- February 3, 2022
Featured Show: Cure complacency culture and save your car dealership's reputation In some ways, the automotive industry saw some of the most amazing growth and profitability over the last two years. While...
Daily Newscast

CBT automotive newscast: February 2, 2022

- February 2, 2022
Featured Show: Harnessing the power of a positive dealership culture Today on Kain & Co., host David Kain, President of Kain Automotive, sits down with Gary Bang, Vice President and Dealer Partner for Ferman...
auto retail
Daily Automotive News

5 auto retail trends car dealers should keep an eye on in 2022

- February 1, 2022
A brief glance back at the auto retail industry from the turn of the millennium would be markedly different than it is today. Cars are exponentially more technologically advanced, and...


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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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