TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%
TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%
TSLA377.1703.45001%
GM77.870-0.65%
F12.385-0.095%
RIVN16.425-0.525%
CYD42.0900.22%
HMC24.295-0.185%
TM192.230-3.85%
CVNA407.9204.9%
PAG160.6500.65%
LAD274.980-1.41%
AN203.0650.095%
GPI340.5800.8%
ABG203.9301.92%
SAH71.7900.57%


Automotive News

Daily Newscast

Week In Review: How Consumers Are Adapting to Change | How Your Dealership Can Tap into the Growing Hispanic Market | Boost Dealership Transparency with One-Price Selling

- November 2, 2018
CBT News Week in Review for Friday, November 2nd, 2018: The 2018 Car Shopping Analysis and How Consumers are Adapting to change - Ivan Drury, Analyst with Edmunds.com With interest rates continuing...
newscast
Daily Newscast

Boost Dealership Transparency with One-Price Selling | What Does VW’s New European Dealer Agreement Mean for US Dealers? | Should Customer Email’s Be More Than A Service Reminders?

- November 1, 2018
Today on CBTNews.com - Thursday, November 1st, 2018: Boost Dealership Transparency with One-Price Selling - Barry Schwartz, Robertson Honda Today, fewer consumers rely on a salesperson to make an informed purchase. Simply...
volkswagen
Daily Automotive News

What Does VW’s New European Dealer Agreement Mean for US Dealers?

- November 1, 2018
A new 500 page rewrite of Volkswagen’s European dealer agreement is set to take effect in April 2020.  The new agreement is a result of 2 years of negotiation and...
newscast
Daily Newscast

How Your Dealership Can Tap into the Growing Hispanic Market | Who are the Buyers behind Tesla’s Earth-Shattering Q3 Earnings? | Huge Expectations for Hyundai’s Kona EV

- October 30, 2018
Today on CBTNews.com - Tuesday, October 30th, 2018: How Your Dealership Can Tap into the Growing Hispanic Market - Tony Zelaya According to Dealer Marketing Magazine auto purchases by Hispanic buyers are on...
Kona
Daily Automotive News

Huge Expectations for Hyundai’s Kona EV

- October 30, 2018
Most people imagine a Toyota Prius when they think of an “eco-friendly vehicle” but the history of electric cars actually spans back to the 1800s when chemist William Morrison created...
Tesla
Daily Automotive News

Who are the Buyers behind Tesla’s Earth-Shattering Q3 Earnings?

- October 30, 2018
If you paid any attention to the news last month, it would have looked like the end of the world was coming for Tesla. Elon Musk appeared to have gone...
newscast
Daily Newscast

The 2018 Car Shopping Analysis and How Consumers are Adapting to Change | 5 reasons Why Car Shoppers Prefer Dealerships Over Carvana | Fall Into Comfort with These Casual Wardrobe Essential

- October 29, 2018
Today on CBTNews.com - Monday, October 29th, 2018: The 2018 Car Shopping Analysis and How Consumers are Adapting to change - Ivan Drury, Analyst with Edmunds.com With interest rates continuing to stay...
edmunds.com
Daily Automotive News

The 2018 Car Shopping Analysis and How Consumers are Adapting to change – Ivan Drury, Analyst with Edmunds.com

- October 29, 2018
With interest rates continuing to stay high, the analysts at Edmunds.com conducted an in-depth review of transaction and finance data across all 50 states. On today's show, CBT's Jim Fitzpatrick...
newscast
Daily Newscast

Week In Review: Reducing Your Recon Timeline | Incorporating Your CRM with Your Phone Process | Discipline in Your F&I Process | The Importance of Investing in Your Salespeople

- October 26, 2018
Today on CBTNews.com - Friday, October 26th, 2018: Increase Profits By Reducing Your Recon Timeline – Dennis McGinn CBT News welcomes Dennis McGinn, Founder and CEO of Rapid Recon. During this segment,...
TIME
Daily Automotive News

TIME Magazine and Ally Financial to Honor 2019 Dealer of the Year Nominees

- October 26, 2018
Jorg Stratmann of TIME and Doug Timmerman of Ally Financial have announced the 51 nominees for the 2019 TIME Dealer of the Year award that will be given at the...


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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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