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

Dave Anderson
Daily Newscast

How You Need to Lead During These Very Unique Times – Dave Anderson, Leadership Coach

- April 20, 2020
Today on CBTNews.com - Monday, April 20th, 2020: How You Need to Lead During These Very Unique Times - Dave Anderson, Leadership Coach On today's show, we welcome back Dave Anderson, leadership coach...
essential business
Daily Automotive News

Victory for Auto Industry as Sales Deemed Essential Business

- April 20, 2020
In the April 17th update to the Essential Critical Infrastructure Workers Guidance 3.0 from the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency, automotive sales have been deemed an...
IADA
Daily Newscast

IADA President Pete Sander Discusses the Resilience of Illinois Dealers During COVID-19

- April 17, 2020
Today on CBTNews.com - Friday, April 17, 2020: IADA President Pete Sander Discusses the Resilience of Illinois Dealers During COVID-19 On today's show, we continue our ongoing Coronavirus Coverage with Pete Sander,...
Daily Automotive News

Managing Dealership Service Operations During COVID-19

- April 17, 2020
The coronavirus has drastically changed the way we live, work, and play. As our current situation continues with no definitive end in sight, businesses, including car dealer service centers, are...
auto industry
Daily Automotive News

Auto Industry Steps Up for Customers in COVID-19 Fight

- April 17, 2020
In times of hardship, the auto industry has often been a shining beacon for their fellow citizens. Carmakers and car dealerships alike embrace their social responsibility, making the world a...
Tom Maoli
Daily Newscast

NJ Luxury Car Dealer Tom Maoli Shares His Thoughts on President Trump’s Leadership During the Coronavirus

- April 16, 2020
Today on CBTNews.com - Thursday, April 16th, 2020: NJ Luxury Car Dealer Tom Maoli Shares His Thoughts on President Trump's Leadership During the Coronavirus On today's show, we continue our ongoing Coronavirus...
Jim Appleton
Daily Newscast

NJ CAR President Jim Appleton Discusses the Impact of COVID-19 on New Jersey Dealers

- April 15, 2020
Today on CBTNews.com - Wednesday, April 15th, 2020: NJ CAR President Jim Appleton Discuss the Impact of COVID-19 on New Jersey Dealers On today's show, we continue our ongoing Coronavirus Coverage by...
Cheryl Miller
Daily Automotive News

Cheryl Miller, CEO of AutoNation, Takes Medical Leave

- April 15, 2020
Effective April 13th, AutoNation’s CEO and President Cheryl Miller is on leave from her position. In a filing required by the Securities Exchange Commission for publicly-traded companies dated April 12th...
Detroit Free Press
Daily Automotive News

Will Customer Buying Habits Be Changed Permanently by the Coronavirus? – Mark Phelan, Detroit Free Press

- April 15, 2020
As part of our continuing coverage of the Coronavirus, we’re pleased to welcome Mark Phelan, auto critic and columnist for the Detroit Free Press, the largest daily newspaper in Detroit,...
Dale Pollak
Daily Newscast

Dale Pollak on How Cox Automotive is Helping Dealers Adapt to Changes During COVID-19

- April 14, 2020
Today on CBTNews.com - Tuesday, April 14th, 2020: Dale Pollak on How Cox Automotive is Helping Dealers Adapt to Changes During COVID-19 On today's show, we continue our Coronavirus Coverage by speaking...


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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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Stellantis to prioritize four core brands in turnaround strategy, sources say


CBT News
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