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

Clift Buick GMC
Daily Newscast

CBT News Week in Review: November 29, 2019

- November 29, 2019
CBT News Week In Review for Friday, November 29th, 2019: How to Identify and Close Gaps in Your Reconditioning Process - Dennis McGinn and Scott Gruwell On today's show, Dennis McGinn, Founder...
Glenn Pasch
Daily Newscast

CBT Automotive Newscast for November 28, 2019 – Happy Thanksgiving!

- November 28, 2019
Today on CBTNews.com - Thursday, November 28th, 2019: Evaluating Your Dealership's Marketing Team and Advertising Spend - Glenn Pasch, PCG Digital Jim recently caught up with Glenn Pasch, auto marketing expert, and...
Garry Clift
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CBT Automotive Newscast for November 27, 2019

- November 27, 2019
Today on CBTNews.com - Wednesday, November 27th, 2019: What Clift Buick GMC is Doing to Overcome the Challenges of the GM Workers Strike On today’s show, we’re pleased to welcome Garry Clift,...
strike
Daily Automotive News

What Clift Buick GMC is Doing to Overcome the Challenges of the GM Workers Strike

- November 27, 2019
On today’s show, we’re pleased to welcome Garry Clift, owner and president of Clift Buick GMC in Adrian, Michigan. He and Jim discuss the aftermath of the GM workers strike,...
cybertruck
Daily Automotive News

Five Fast Facts About Tesla’s New Cybertruck

- November 27, 2019
This past week, you would have had to have been under a rock to not hear about Elon Musk's latest creation. His futuristic Cybertruck, a modern and sleek reimagining of...
Peter Welch
Daily Newscast

CBT Automotive Newscast for November 26, 2019

- November 26, 2019
Today on CBTNews.com - Tuesday, November 26th, 2019: NADA President Peter Welch Discusses Autonomous Vehicles, Ride-Sharing, Tariffs & More On today's show, we're so pleased to welcome back Peter Welch, President and...
Dennis McGinn
Daily Newscast

CBT Automotive Newscast for November 25, 2019

- November 25, 2019
Today on CBTNews.com - Monday, November 25th, 2019: How to Identify and Close Gaps in Your Reconditioning Process - Dennis McGinn and Scott Gruwell On today's show, Dennis McGinn, Founder and CEO...
newscast
Daily Newscast

CBT News Week In Review: November 22, 2019

- November 22, 2019
CBT News Week In Review for Friday, November 22nd, 2019: How ReconVelocity is Helping Dealers Set a New Standard for Vehicle Reconditioning On today's show, we're pleased to welcome back Hugh Hathcock,...
Kevin LeSage
Daily Newscast

CBT Automotive Newscast for November 21, 2019

- November 21, 2019
Today on CBTNews.com - Thursday, 21st, 2019: The Importance of Monitoring the Quality of Your Dealership's Leads - Kevin LeSage, Autotrader Joining us today to discuss Cox Automotive’s new whitepaper, “The High...
Dave Cantin
Daily Newscast

CBT Automotive Newscast for November 20th, 2019

- November 20, 2019
Today on CBTNews.com - Wednesday, November 20th, 2019: Dave Cantin on the Buy-Sell Market, Acquisitions, and Industry Consolidation On today’s show, we’re pleased to welcome 20-year automotive industry veteran Dave Cantin, CEO...


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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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CBT News
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