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: October 6, 2021

- October 6, 2021
Inside Automotive: How TIME's Dealer of the Year Rick DeSilva Jr. showed strong leadership during turbulent year For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance...
service
Daily Automotive News

Are camera-based inspection systems beneficial in the service drive?

- October 5, 2021
With the arrival of the technician shortage and the drive to increase profits in the dealership, service departments might find that using camera-based inspection systems could be a valuable tool....
Daily Newscast

CBT automotive newscast: October 5, 2021

- October 5, 2021
Inside Automotive: Unpacking the digital retailing work flow during low inventory with Kevin Frye of Jeff Wyler Auto Family Topping the list of issues facing many of you today is tight inventory....
Gay Hendricks
Daily Newscast

N.Y. Times best-selling author Gay Hendricks on how to find your ‘Genius Zone’

- October 4, 2021
Transforming your life beyond your own limits requires you to rethink, as we explored in the wildly successful book, The Big Leap. Since then the book’s author, Gay Hendricks, has released...
energy
Daily Automotive News

General Motors five years ahead of schedule for 100% renewable energy

- October 4, 2021
On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy sources by 2025. This announcement puts...
Daily Newscast

CBT automotive newscast: October 4, 2021

- October 4, 2021
Inside Automotive: Paragon's Brian Benstock shares takeaways from recent dealers' meeting With tight inventory and quotas to meet, how are sales teams managing? For Paragon Honda and Acura, having a plan with...
AutoNation sells remaining ..Friday 5
Daily Automotive News

Toyota makes bold move toward ‘programmable cars’ and GM invests $300M into this AV startup

- October 1, 2021
Welcome to another edition 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...
EV
Daily Automotive News

Cox Automotive Mobility’s Joe George talks latest acquisition of new EV battery service

- October 1, 2021
As the EV market heats up, Cox Automotive Mobility announced a new acquisition that will provide an EV battery service network for OEMs, dealers, and fleet providers. On today’s show,...
Lordstown
Daily Automotive News

Report says Lordstown will sell Ohio plant to Foxconn

- October 1, 2021
Electric pickup truck makers Lordstown Motors is positioned to sell their plant in Ohio to Foxconn Technology Group out of Taiwan, according to reports. A deal is imminent, according to...
Daily Newscast

CBT automotive newscast: October 1, 2021

- October 1, 2021
Featured Interview: David Lewis shares best practices to generate sales in the service lane Service departments are proving to be a significant source of inventory for many of you across the nation....


Latest Articles

FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
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Weekly roundup: FTC wants dealers to report deceptive pricing, Ford boost U.S. assembly, Carvana expands dealership portfolio

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
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Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

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

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
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Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

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
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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 
Latest Articles 04/24/26

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.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality


CBT News
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