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

Digital Retail Trends to Implement at Your Dealership in 2019 | Simple Actions Your Dealership Can Do To Give Back to the Community This Season | How to Sell to Millennials in 2019

- December 3, 2018
Today on CBTNews.com - Monday, December 3rd, 2018: Digital Retail Trends to Implement at Your Dealership in 2019 - Andy MacLeay, Dealer.com Digital retailing may have a long way to go before...
digital retail trends
Daily Automotive News

Digital Retail Trends to Implement at Your Dealership in 2019 – Andy MacLeay, Dealer.com

- December 3, 2018
Digital retailing may have a long way to go before it is the industry standard, but with the popularity of online retailers like Amazon, dealers need to be aware of...
General Motors
Daily Automotive News

Trump Unhappy with General Motors Cuts

- December 3, 2018
Last week’s announcement by General Motors to cease production at various plants has been met with severe disapproval from lawmakers on both sides of the aisle in both the US...
CBT News
Daily Newscast

Week In Review: Increase Your Dealership Website Visits with Targeted TV Ads | How Paramus Honda Found Success By Expanding Their BDC | The Benefits of Improving Your Recon Efficiency

- November 30, 2018
CBT Week In Review for Friday November 30th, 2018: Increase Your Dealership Website Visits with Targeted TV Ads - Comcast Spotlight Just when you thought television advertising was a thing of the...
newscast
Daily Newscast

How to Minimize Car Buying Time at Your Dealership | Selling to Baby Boomers in 2019 | Social Selling: You Can Post, But You Can’t Hide!

- November 29, 2018
Today on CBTNews.com - Thursday, November 29th, 2018: How to Minimize Car Buying Time at Your Dealership - Mazen Letayf, Dealertrack As you may know, the F&I Department is perhaps the most...
newscast
Daily Newscast

The Benefits of Improving Your Recon Efficiency | Developing A Successful Mentorship Program At Your Dealership | Helpful Tips for Time Off Requests This Holiday Season

- November 28, 2018
Today on CBTNews.com - Wednesday, November 28th, 2018: The Benefits of Improving Your Recon Efficiency - Dennis McGinn, RapidRecon Dealers often find themselves in economic danger due to the gap that occurs...
newscast
Daily Newscast

How Paramus Honda Found Success By Expanding Their BDC | Where Should Dealers Be Looking for the Next Employee? | Arrest of Carlos Ghosn Rocks Automotive Industry

- November 27, 2018
Today on CBTNews.com - Tuesday, November 27th, 2018: How Paramus Honda Found Success By Expanding Their BDC - Jason Cohen, BDC and E-Commerce Director On today's show, Jim speaks to Jason Cohen,...
Carlos Ghosn
Daily Automotive News

Arrest of Carlos Ghosn Rocks Automotive Industry

- November 27, 2018
Monday’s arrest of Carlos Ghosn, who serves as Chairman and CEO of Renault and the Renault–Nissan–Mitsubishi Alliance, as well as chairman of Nissan Motors and Mitsubishi Motors, has sent shockwaves...
newscast
Daily Newscast

Increase Your Dealership Website Visits with Targeted TV Ads | Got Dealer (BI) Business Intelligence? |The Power of Cable TV Advertising for Auto Dealers

- November 26, 2018
Today on CBTNews.com - Monday, November 26th, 2018: Increase Your Dealership Website Visits with Targeted TV Ads - Comcast Spotlight Just when you thought television advertising was a thing of the past,...
general motors
Daily Automotive News

General Motors Hedging Bets on the Future with Layoffs

- November 26, 2018
This morning, Monday, November 26th, General Motors (GM) announced sweeping changes to their operation, sending waves throughout the automotive industry. The proposed realignment includes layoffs of 15 percent of salaried...


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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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