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

chips
Daily Automotive News

New shutdowns are coming to U.S. manufacturers

- September 10, 2021
Automotive assembly plant shutdowns are accelerating, and the future doesn't provide much optimism for improvement. With today's vehicles filled with up to 1,500 chips, manufacturers have to go on a chip...
Daily Automotive News

A handful of C-suite roles change in auto industry this week

- September 10, 2021
In the past few days, significant roles in the automotive industry have shuffled. The moves impact major carmakers like Ford, Mercedes-Benz, and Chrysler as well as tech companies like Apple....
Daily Newscast

CBT automotive newscast: September 10, 2021

- September 10, 2021
Featured Interview: Experian's Melinda Zabritski reveals trends from the Q2 State of the Automotive Finance Market report The auto finance market is returning to pre-pandemic levels, according to Experian’s Q2 State of...
Sykora
Daily Automotive News

Chairwoman Annette Sykora discusses NADA’s Emergency Relief Fund to help dealers in need

- September 9, 2021
Hurricane Ida devastated many on the Gulf Coast before making its way into the Northeast. As residents in both areas pick up the pieces and government officials tour the damage,...
auto show
Daily Automotive News

LA Auto Show will feature first-ever Zero Emission Vehicle Awards

- September 9, 2021
When the doors open at the Los Angeles Convention Center on November 19, it’s bound to look remarkably different than in years past. And in no small part will electrification...
Daily Newscast

CBT automotive newscast: September 9, 2021

- September 9, 2021
Featured Interview: Chairwoman Annette Sykora discusses NADA's Emergency Relief Fund to help dealers in need Hurricane Ida devastated many on the Gulf Coast before making its way into the Northeast. As residents...
Daily Automotive News

LADA Pres. Will Green talks dealership recovery efforts after Hurricane Ida

- September 8, 2021
Many Gulf Coast residents are now dealing with the aftermath of Hurricane Ida. CNN reports that more than 977,000 homes and businesses in Louisiana were without power as of September...
damage
Daily Automotive News

Hurricane Ida’s toll on the automotive industry

- September 8, 2021
When Hurricane Ida made landfall in Louisiana last week, it left behind a catastrophic amount of damage and flooding. Residents were without homes and property was lost. In addition, the...
hydrogen
Daily Automotive News

Hyundai doubles down on hydrogen power, breaking from EV-focused auto industry

- September 8, 2021
While almost all carmakers are steering the auto industry towards being all-electric, Hyundai has taken a sharp left-hand turn. At the Hydrogen Wave global online forum, Hyundai Motor Group unveiled...
Daily Newscast

CBT automotive newscast: September 8, 2021

- September 8, 2021
Featured Interview: How Lexus dealer Peter Cooper is rethinking the luxury auto business model Dealers have seen record sales and profits throughout the last year with less inventory so how are things...


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.
Latest Articles 04/25/26

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.
Latest Articles 04/24/26

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%
Latest Articles 04/24/26

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
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

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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