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

EV
Daily Automotive News

General Motors to invest billions more in battery plant and EV production

- January 27, 2022
On Tuesday, General Motors announced a $2.6 billion-dollar investment to build a third battery cell manufacturing facility in the US. The new plant will be built in Lansing, MI and...
Daily Newscast

CBT automotive newscast: January 27, 2022

- January 27, 2022
Inside Automotive: Tech evangelist and VC expert Guy Kawasaki on 2022 marketing trends and consumer expectations The pandemic profoundly impacted and changed the way many of us conduct business. It forced some...
NADA
Daily Automotive News

NADA 2022: The show (and masks) must go on

- January 26, 2022
National Automotive Dealers Association (NADA) CEO Mike Stanton said earlier this week that NADA will still be holding its annual expo in Las Vegas, Nevada from March 10 to March...
Daily Automotive News

How past and current auto retail trends are shaping the outlook for 2022 – Jonathan Smoke | Cox Automotive

- January 26, 2022
The past two years have been filled with challenges and uncertainty for many automotive retail professionals. Now, as we’re in the first quarter of 2022, what can the industry expect...
Hyundai
Daily Automotive News

Hyundai expects production rebound with global chip supply improvement

- January 26, 2022
On a conference call Tuesday, Hyundai Motor Co. expressed hope that the global chip shortage would abate through the second quarter of 2022. It comes after an earnings announcement that...
Daily Newscast

CBT automotive newscast: January 26, 2022

- January 26, 2022
Inside Automotive: How past and current auto retail trends are shaping the outlook for 2022 - Jonathan Smoke | Cox Automotive The past two years have been filled with challenges and uncertainty...
startup
Daily Automotive News

From startup to IPO: A founder’s journey

- January 25, 2022
Welcome to another episode of Founder Focus, a CBT original series that dives into the inside stories behind some of the automotive industry's most impressive entrepreneurial journeys. Join us for...
Metaverse
Daily Automotive News

How the Metaverse can benefit your dealership — and how to prepare

- January 25, 2022
The Metaverse is emerging into the automotive space. There's talk of selling vintage cars within it, and Hyundai has even added its products to Roblox's Metaverse space. The Metaverse world is...
Daily Newscast

CBT automotive newscast: January 25, 2022

- January 25, 2022
Featured Show: From startup to IPO: A founder's journey Welcome to another episode of Founder Focus, a CBT original series that dives into the inside stories behind some of the automotive industry's...
Daily Newscast

CBT automotive newscast: January 24, 2022

- January 24, 2022
Featured Show: How video messaging can help your car dealership earn more customers On the latest episode of Straight Talk, host David Lewis, President of David Lewis & Associates, discusses how car dealers can...


Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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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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Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
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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.
Latest Articles 04/24/26

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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Hyundai’s profit drops 24% as tariffs, weak global demand persist 

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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2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
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Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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