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

newscast
Daily Newscast

How to Increase Sales at Your Dealership with AI Powered Assistants | Four Top Issues for Dealers | New Leadership for Major OEM

- January 17, 2019
Today on CBTNews.com - Thursday, January 17th, 2019: How to Increase Sales at Your Dealership with AI Powered Assistants - John Ruble, Conversica AI powered assistants have shown to be highly effective...
AI
Daily Automotive News

How to Increase Sales at Your Dealership with AI Powered Assistants – John Ruble, Conversica

- January 17, 2019
f AI powered assistants have shown to be highly effective for increasing sales, quality of service, and improving other activities around the dealership. These virtual aides help dealers handle more sales...
issues
Daily Automotive News

Washington Update: Four Top Issues for Dealers

- January 17, 2019
It is an understatement to say that the Federal Government plays a significant role in how companies conduct business. Regardless of the industry, legislation can have a substantial impact. Much...
Nissan
Daily Automotive News

New Leadership for Major OEM

- January 17, 2019
As predicted, Nissan's investigation into the alleged Carlos Ghosn scandal has now made its way to the United States. Hans Greibel of Automotive News discussed the implications of it with...
newscast
Daily Newscast

Finding New Paths to Profitability at Your Dealership – Trevor Gile | What Cadillac’s Announcement Means for the EV’s in 2019 | Selling More Cars During Tax Season

- January 16, 2019
Today on CBTNews.com - Wednesday, January 16th, 2019: Finding New Paths to Profitability at Your Dealership - Trevor Gile, Motorcars Honda The annual NADA show is just around the corner, and just...
Trevor Gile
Daily Automotive News

Finding New Paths to Profitability at Your Dealership – Trevor Gile, Motorcars Honda

- January 16, 2019
The annual NADA show is just around the corner, and just like us here at CBT you're probably gearing up for the great events that lie ahead. Joining Jim today...
Cadillac
Daily Automotive News

What Cadillac’s Announcement Means for the EV’s in 2019

- January 16, 2019
One of the hottest automotive trends of recent years has been the rise of the Electric Vehicle (EV). With companies like Tesla setting the pace, it is no surprise that...
ford and Volkswagen
Daily Automotive News

Ford and Volkswagen Join Forces

- January 16, 2019
Volkswagon AG and Ford set the auto industry abuzz, announcing they’ve come to agreements regarding an alliance. According to Volkswagen, the plan is for the two companies to join forces...
newscast
Daily Newscast

Combating Rising Interest Rates, Managing Vehicle Inventory, and Reducing Your Margin Compression – Brian Finkelmeyer | Building Diversity in Your Leadership Rolls | Oil Companies to Usher in an Age of Electric Vehicles

- January 15, 2019
Today on CBTNews.com - Tuesday, January 15th, 2019: Combating Rising Interest Rates, Managing Vehicle Inventory, and Reducing Your Margin Compression - Brian Finkelmeyer, vAuto Every dealer knows that as your vehicle assets...
electric vehicles
Daily Automotive News

Two Standard Oil Companies to Usher in an Age of Electric Vehicles

- January 15, 2019
If you’ve been on the fence about introducing Electric Vehicles (EVs) to your customers, now is the perfect time to get on board. Previously, one of the largest hurdles for...


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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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