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

Autotrader
Daily Automotive News

NADA 2019: Autotrader, Jessica Stafford

- January 29, 2019
Jessica Stafford, Senior Vice President and General Manager at Autotrader, stopped by the CBTNews.com booth at the NADA Show 2019 to share how Autotrader is changing industry expectations. See all questions we...
Manheim express additions
Daily Automotive News

NADA 2019: Manheim, Derek Hansen

- January 29, 2019
CBTNews.com caught up with Derek Hansen, Vice President of Offsite Solutions at Manheim, at the 2019 NADA Show to discuss what the new Manheim Express additions mean for automotive dealers and...
homenet
Daily Automotive News

NADA 2019: HomeNet, Randy Kobat

- January 29, 2019
We sat down with Randy Kobat, Senior Vice President of vAuto and HomeNet, at The 2019 NADA Show to find out what critical issues dealers are facing within retail automotive.CBTNews.com...
Mazen Letayf
Daily Automotive News

NADA 2019: Dealertrack, Mazen Letayf

- January 29, 2019
 We were happy to have Mazen Letayf, Associate Vice President and Head of Product for Digital Retailing at Dealertrack F&I back on CBTNews.com, this time from the floor of The...
newscast
Daily Newscast

How to Hold on to Front-End Gross and Improve the Overall Health of your Dealership | Consistent Repair Updates Make for a Better Customer Experience | Effective Ways to Address Difficult Customers

- January 28, 2019
Today on CBTNews.com - Monday, January 28th, 2019: How to Hold on to Front-End Gross and Improve the Overall Health of your Dealership - Brian Benstock, Paragon Honda Dealers across the country...
Gail Miller
Daily Automotive News

Cox Automotive Presents its 14th Barbara Cox Woman of the Year Award

- January 28, 2019
ATLANTA, Jan. 28, 2019 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Gail Miller, owner and chairman of Larry H. Miller Group of Companies. This...
newscast
Daily Newscast

Week In Review: Find, Reach, and Retain Profitable Customers with Predictive Analytics | How Rising Transaction Rates Could Affect Your Bottom Line | How Subscription Services Can Create More Predictable Revenue Streams

- January 25, 2019
CBT News Week In Review for Friday, January 25th, 2019: Find, Reach, and Retain Profitable Customers with the Power of Predictive Analytics - Amy Hughes, Experian Marketing is still the number one...
zero emissions
Daily Automotive News

What Zero-Emissions Means for Dealers and Why It Matters

- January 25, 2019
When Governor Jared Polis (D. Colorado) ran for office this past November, he campaigned on a promise to power the state via renewable energy by 2040. This past week, Polis...
newscast
Daily Newscast

How Subscription Services Can Create More Predictable Revenue Streams | Women’s Voices are Going to Get Louder – Are You Listening? | Creating Post-Purchase Surveys That Yield Useful Results

- January 24, 2019
Today on CBTNews.com - Thursday, January 24th, 2019: How Subscription Services Can Create More Predictable Revenue Streams for Your Dealership - Vince Zappa, Clutch Technologies The buzz surrounding car subscription services in...
subscription
Daily Automotive News

How Subscription Services Can Create More Predictable Revenue Streams for Your Dealership – Vince Zappa, Clutch Technologies

- January 24, 2019
The buzz surrounding car subscription services in 2018 has continued full speed ahead into 2019. With more millennials looking for alternative vehicle ownership options, and the appeal of not being...


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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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Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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