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: March 25, 2021

- March 25, 2021
Featured Interview: CADA Pres. Tim Jackson talks about the Denver Auto Show, EVs, and direct car sales Last year, the ever-popular Denver Auto Show was postponed and eventually canceled as the world...
Kerri Wise
Daily Automotive News

Kerri Wise on how auto dealers can foster a more-inclusive culture

- March 24, 2021
Today on CBT News, Kerri Wise joins the show to tackle some of the most pressing issues facing the retail automotive industry. Wise is the Vice President of Communications at...
NIADA
Daily Automotive News

NIADA CEO Bob Voltmann on how independent dealers are managing strong demand for used vehicles

- March 24, 2021
Independent dealers face many unique challenges in the used-vehicle market. Today on CBT News, host Jim Fitzpatrick is joined by Bob Voltmann, CEO of the National Independent Automobile Dealers Association...
Daily Newscast

CBT automotive newscast: March 24, 2021

- March 24, 2021
Featured Interview: NIADA CEO Bob Voltmann on how independent dealers are managing strong demand for used vehicles Independent dealers face many unique challenges in the used-vehicle market. Today on CBT News, host...
Digital retailing - Jay Vijayan
Daily Automotive News

Tekion founder Jay Vijayan discusses the company’s latest partnership with GM

- March 23, 2021
Tekion is one of many companies that is providing innovations to the DMS landscape. The company recently announced a partnership with General Motors to power their EV digital retail tool....
Ford
Daily Automotive News

Ford to allow 30,000 executives to utilize a hybrid work model

- March 23, 2021
Ford Motor Company announced on Wednesday that roughly 30,000 white collar workers will have the choice for when, if, and how often they will return to work in their office....
EV
Daily Automotive News

Are auto dealers and consumers ready for an EV future?

- March 23, 2021
Last week, in the German newspaper Frankfurter Allgemeine Zeitung, Audi CEO Markus Duesmann said there are no new internal-combustion engines in development at Audi. With Audi and, seemingly, every other automaker moving...
Daily Newscast

CBT automotive newscast: March 23, 2021

- March 23, 2021
Featured Interview: Tekion founder Jay Vijayan discusses the company's latest partnership with GM Tekion is one of many companies that is providing innovations to the DMS landscape. The company recently announced a...
Zach Doran
Daily Automotive News

How the Ohio Automobile Dealers Association is speaking out against direct sales disruptors – Zach Doran

- March 22, 2021
Ohio State Senator Michael Rulli recently introduced a bill that would allow electric vehicle-startup Lordstown Motors to sell directly to consumers. The Ohio Automobile Dealers Association (OADA) has spoken against...
Americans
Daily Automotive News

Americans hesitant to return to normalcy amid post-COVID apprehensions 

- March 22, 2021
A growing sentiment among all Americans is an apprehension to return to normal life after the pandemic. A survey performed on behalf of HealthInsurance.com revealed that a fear of contracting the virus still...


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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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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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 
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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