TSLA373.420-0.3%
GM77.830-0.69%
F12.345-0.135%
RIVN16.421-0.5289%
CYD41.080-0.79%
HMC24.310-0.1701%
TM192.770-3.31%
CVNA405.4602.44%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.1451.36499%
ABG201.380-0.63%
SAH71.5700.35%
TSLA373.420-0.3%
GM77.830-0.69%
F12.345-0.135%
RIVN16.421-0.5289%
CYD41.080-0.79%
HMC24.310-0.1701%
TM192.770-3.31%
CVNA405.4602.44%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.1451.36499%
ABG201.380-0.63%
SAH71.5700.35%
TSLA373.420-0.3%
GM77.830-0.69%
F12.345-0.135%
RIVN16.421-0.5289%
CYD41.080-0.79%
HMC24.310-0.1701%
TM192.770-3.31%
CVNA405.4602.44%
PAG160.7000.7%
LAD274.910-1.48%
AN203.2700.3%
GPI341.1451.36499%
ABG201.380-0.63%
SAH71.5700.35%


Automotive News

newscast
Daily Newscast

Why the SAAR Doesn’t Determine the Success of Your Dealership | How to Strengthen the Teamwork Between Service Advisors | Boost Your Dealership Visibility With Incentives and Freebies

- September 28, 2018
Today on CBTNews.com - Friday, September 28th, 2018: Why the SAAR Doesn't Determine the Success of Your Dealership - Brian Benstock Jim Fitzpatrick is joined today by Vice President and General Manager...
SAAR
Daily Automotive News

Why the SAAR Doesn’t Determine the Success of Your Dealership – Brian Benstock

- September 28, 2018
Jim Fitzpatrick is joined today by Vice President and General Manager of Paragon Honda, Brian Benstock, to discuss the final quarter of this fiscal year and what to prepare for...
newscast
Daily Newscast

Why Your Digital Marketing Strategy Should Still Include Facebook | Winter Is Coming, What Is your Dealership Offering? | I Wish They Could Stay Green Peas Forever!

- September 27, 2018
Today on CBTNews.com - Thursday, September 27th, 2018: Why Your Digital Marketing Strategy Should Still Include Facebook - Matt Stoffel In recent months, the social media giant Facebook has had to do...
Mark O'Neil
Daily Automotive News

Cox Automotive COO, Mark O’Neil Set to Retire in February 2019

- September 27, 2018
After nearly three decades in the auto retail industry showered with successful startups and distinguished executive roles, Cox Automotive's COO, Mark O'Neil will end his prolific career in February of...
newscast
Daily Newscast

Increase Vehicle Sales By Using These Tactics in Your Fixed-Ops Department | How Do You Handle a Crisis? Will You Freak-Out or Hunker Down? | When Will Electric Cars Reach a Mass Market Audience?

- September 26, 2018
Today on CBTNews.com - Wednesday, September 26th, 2018: Increase Vehicle Sales By Using These Tactics in Your Fixed-Ops Department - David Lewis In this segment, Jim Fitzpatrick talks with David Lewis, CEO...
car selling
Daily Newscast

Cars.com Has a New Sales Approach: “Tinder for Cars”

- September 26, 2018
Cars.com has decided it’s time to take a new approach in regard to car selling, and it’s an interesting one. By using “swipe” methods like the dating app Tinder, users are...
Evs
Daily Automotive News

When Will Electric Cars Reach a Mass Market Audience?

- September 26, 2018
There have been plenty of announcements from carmakers but EVs (electric vehicles) are still mainly for the elite. Alternative fuels have been touted as the replacement for a petroleum-reliant automotive industry....
factory recalls
Daily Newscast

Dealing with Factory Recalls

- September 25, 2018
On this week's edition of the Weekly Tune-Up, Becky Nixon goes over dealing with factory recalls and keeping retail profits alive during a recall.
newscast
Daily Newscast

Reverse a Bad Buying Decision at Auction with New 30-Day Return Guarantee | Should Your Dealership Focus on Acquiring Trade Vehicles? | Best Ways To Market Your Columbus Day Sale

- September 25, 2018
Today on CBTNews.com - Tuesday, September 25th, 2018: Reverse a Bad Buying Decision at Auction with New 30-Day Return Guarantee - Brett Woods, DealShield No dealer likes realizing that they've made the...
dealshield
Daily Automotive News

Reverse a Bad Buying Decision at Auction with New 30-Day Return Guarantee – Brett Woods, DealShield

- September 25, 2018
No dealer likes realizing that they've made the wrong purchase at auction. Cox Automotive's DealShield, has responded to dealer feedback and launched the industry's first 30-day no hassle return guarantee....


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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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