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: January 12, 2022

- January 12, 2022
Featured Show: How to effectively prepare your website for emerging EV retailing On the latest episode of Auto Marketing Now, host Brian Pasch, founder of PCG Companies and BPE Enterprises, discusses prepping...
websites
Daily Automotive News

OEM website satisfaction is Down. How does that translate to dealer websites?

- January 11, 2022
It is indisputable that the internet has become increasingly impactful in consumers’ decisions throughout the past decade, especially the past two years as shopping online has boomed due to the...
GM
Daily Automotive News

GM gets on California OEM list by recognizing state emissions regulations

- January 11, 2022
General Motors will now be in the running for California state government fleet purchases. On Sunday, the carmaker issued a letter to California Governor Gavin Newsom that said they would...
Daily Newscast

CBT automotive newscast: January 11, 2022

- January 11, 2022
Inside Automotive: Sales expert Sean Gardner on 3 simple ways car dealers can kick off 2022 with a bang Although the new year has just begun, could we be on the other...
startup
Daily Automotive News

What motivates this tech entrepreneur’s passion for innovation?

- January 10, 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...
Daily Newscast

CBT automotive newscast: January 10, 2022

- January 10, 2022
Featured Show: What motivates this tech entrepreneur's passion for innovation? Welcome to another episode of Founder Focus, a CBT original series that dives into the inside stories behind some of the automotive...
AutoNation sells remaining ..Friday 5
Daily Automotive News

EV and AV companies start off 2022 with strong VC funding, plus big moves in the mobility space

- January 7, 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...
car
Daily Automotive News

U.S. car preferences remain conservative and traditional, according to Deloitte study

- January 7, 2022
Americans prefer to keep their transportation options more traditional than most other countries. That’s what the 2022 Global Automotive Consumer Study by Deloitte discovered, identifying several key areas where the...
Daily Newscast

CBT automotive newscast: January 7, 2022

- January 7, 2022
Inside Automotive: What does the new year have in store for the auto retail industry? On the heels of a robust and profitable year for many in retail automotive, our attention now...
Kerrigan
Daily Automotive News

What is driving record M&A activity in the automotive industry? Erin Kerrigan has the answer.

- January 6, 2022
On today’s show, we’re pleased to welcome back the Founder and Managing Director of Kerrigan Advisors, Erin Kerrigan, to walk us through the latest results from the recently released Q3...


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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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Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
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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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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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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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