TSLA376.3202.6%
GM77.910-0.61%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.670-3.41%
CVNA403.1150.095%
PAG160.3000.3%
LAD274.500-1.89%
AN203.1450.175%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6400.42%
TSLA376.3202.6%
GM77.910-0.61%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.670-3.41%
CVNA403.1150.095%
PAG160.3000.3%
LAD274.500-1.89%
AN203.1450.175%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6400.42%
TSLA376.3202.6%
GM77.910-0.61%
F12.345-0.135%
RIVN16.335-0.615%
CYD41.680-0.19%
HMC24.295-0.185%
TM192.670-3.41%
CVNA403.1150.095%
PAG160.3000.3%
LAD274.500-1.89%
AN203.1450.175%
GPI339.9700.19%
ABG201.740-0.27%
SAH71.6400.42%


Automotive News

newscast
Daily Newscast

7 Hiring Strategies to Help You Bring Top-Notch Talent to Your Dealership | The Top Communication Traits That Every Leader Should Possess | How To Get A Better Open Rate By Using Email Campaigns

- October 18, 2018
Today on CBTNews.com - Thursday, October 18th, 2018: 7 Hiring Strategies to Help You Bring Top-Notch Talent to Your Dealership - Richard Bryan Every dealer knows that one of the more challenging...
newscast
Daily Newscast

Trevor Gile of Motorcars Honda: Creative Revenue Streams You May Want to Consider at Your Dealership | How to Take Advantage of the Peak Season Sales | Fixed-Ops’ Slant on Reconditioning

- October 17, 2018
Today on CBTNews.com - Wednesday, October 17th, 2018: Creative Revenue Streams You May Want to Consider at Your Dealership - Trevor Gile, Motorcars Honda Bringing in-house revenue streams that your dealership would...
newscast
Daily Newscast

Cause Marketing: How to Grow Loyalty Among Your Employees and Clients | Why Should Your Dealership Invest In An Ad Agency? | How To Avoid The Most Common Dealership Workplace Distractions

- October 16, 2018
Today on CBTNews.com - Tuesday, October 16th, 2018: Cause Marketing: How to Grow Loyalty Among Your Employees and Clients - Jody Devere, AskPatty.com In this generation of social activism, consumers are trying...
newscast
Daily Newscast

How to Build a Successful Service BDC Model and Increase Sales | Why You Want Customers to Tell You NO in the Service Drive | Dealers Growing Market Share: What Really Separates Them from the Rest?

- October 15, 2018
Today on CBTNews.com - Monday, October 15th, 2018: How to Build a Successful Service BDC Model and Increase Sales - Sarah Vantine, Scott Clark Auto Group With almost all car shopping done...
newscast
Daily Newscast

Shep Hyken: Creating a More Convenient Customer Experience | Steve Stauning: Treat Every Up as a Qualified Buyer | Shay Foley: New Challenges For Today’s F&I Manager

- October 12, 2018
CBT News Week In Review for Friday, October 12th, 2018: New Challenges For Today's F&I Manager and How to Win Against Them - Shay Foley On today's edition of CBT News, Jim Fitzpatrick...
newscast
Daily Newscast

Disrupt the Competition by Creating a More Convenient Customer Experience – Shep Hyken | Great Customer Experience Means Consistent Customer Service | Selling Beyond the F&I Menu

- October 11, 2018
Today on CBTNews.com - Thursday, October 11th, 2018: Disrupt the Competition by Creating a More Convenient Customer Experience - Shep Hyken, NYT Best-Selling Author As we all know, providing an excellent customer...
Scott Keogh
Daily Automotive News

Scott Keogh of Audi Tapped to be New VW CEO

- October 11, 2018
Wednesday, Volkswagon announced that Scott Keogh, CEO of Audi, will be taking up the reigns of their American operations on the first of November. The 49-year-old native of Old Brookville,...
millennial technicians
Daily Newscast

Millennial Technicians

- October 10, 2018
On this week's episode of the Weekly Tune-Up, Becky Nixon talks about the struggle of finding properly trained technicians for your service drive and how to find good millennial technicians.
newscast
Daily Newscast

Assumptive Selling: Treat Every Up as a Qualified Buyer | How to Avoid These Five Marketing Pitfalls at Your Dealership | Use These 6 Tips to Treat Every Caller Like Royalty

- October 10, 2018
Today on CBTNews.com - Wednesday, October 10th, 2018: Assumptive Selling: Treat Every Up as a Qualified Buyer - Steve Stauning Every dealer wants to see their sales improve without having to spend...
newscast
Daily Newscast

Auto Sales Down Slightly; September’s Winners and Losers | How to Keep Your Digital Vendors in Check | Deloitte Insights: Digital Technology Can Improve Dealership Experiences

- October 9, 2018
Today on CBTNews.com - Tuesday, October 9th, 2018: Auto Sales Down Slightly; September's Winners and Losers - Jeremy Acevedo, Edmunds On today's edition of CBT News, Jim Fitzpatrick chats with Jeremy Acevedo,...


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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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