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

echopark
Daily Newscast

EchoPark Enhances Customer Experience with New Technology – Jeff Dyke, Sonic Automotive

- December 31, 2018
[Originally aired September 14, 2018] In today's segment, CBT Automotive's Jim Fitzpatrick talks with Jeff Dyke, executive vice president of operations for Sonic Automotive to discuss the future of their used...
Dale Pollak
Daily Automotive News

Dale Pollak On Today’s Greatest Challenges In The Automotive Industry

- December 28, 2018
[Originally aired June 7, 2018] Rideshare companies, direct to consumer sales models, recruiting, tariffs and if that is not enough over 4 million off-lease cars are hitting the market this year....
Audi South Atlanta
Daily Newscast

Running an Efficient Dealership in the Digital Age – James Boening, GM of Audi South Atlanta

- December 27, 2018
[Originally aired August 9, 2018] Jim Fitzpatrick sits down with James Boening, the General Manager of Audi South Atlanta, to discuss turnover, the internet, and digital marketing. James began in the industry...
Kerrigan report
Daily Automotive News

Kerrigan Report: Asbury Outperforms Peers in November

- December 27, 2018
Hello, everyone. I'm Bridget Fitzpatrick. Thanks so much for joining us today for the Kerrigan Market Update. We're joined today by Ryan Kerrigan, managing director of Kerrigan Advisors. Ryan, thank...
Mike Maroone
Daily Newscast

Industry Icon Mike Maroone Discusses One-Price Selling, Industry Disruptors, and the Future of the Car Business

- December 26, 2018
[Originally aired August 23, 2018] Today on CBTNews.com - Thursday, August 23rd, 2018: Industry Icon Mike Maroone Discusses One-Price Selling, Industry Disruptors, and the Future of the Car Business Recently CBT Automotive traveled...
Automotive Industry
Daily Automotive News

Five Major Automotive Industry Developments in 2018

- December 26, 2018
In regard to the automotive industry, 2018 has been a year of continued innovation and various technological advancements. The year has also been a setting of changing attitudes related to...
Merry Christmas
Daily Newscast

Merry Christmas and Thank You From CBT Automotive Network

- December 25, 2018
From our CBT News family to yours, we hope you stay safe and have a Merry Christmas. VIDEO TRANSCRIPT: Bridget Fitzpatrick: Hello everyone, I’m Bridget Fitzpatrick and all of us here at...
Revamp Website
Daily Automotive News

Is It Time to Revamp Your Website? Here Are 10 Signs That It Is

- December 25, 2018
Nowadays, the first impression that your audience has of your business, comes almost exclusively through your website. So, the design and functionality of your website can play a huge role...
FCA
Daily Newscast

Wes Lutz, NADA: Discusses the Future of FCA Under New Leadership

- December 24, 2018
[Originally aired July 25, 2018] Wes Lutz, 2018 NADA Chairman and Dodge-Chrylser-Jeep Dealer, joins the network to discuss the future of FCA (Fiat Chrysler Automobiles) after the unexpected passing of CEO...
Daily Automotive News

Why Some Auto Manufacturers are Sticking with Sedans While Others Turn to Trucks and SUVs

- December 24, 2018
It’s no secret that some titans of the Auto Manufacturers are switching focus away from cars and towards trucks, SUVs, and crossovers. Earlier this year, Ford cut almost all its North...


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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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