TSLA374.1350.41501%
GM78.010-0.51%
F12.375-0.105%
RIVN16.565-0.3852%
CYD41.240-0.63%
HMC24.278-0.202%
TM192.750-3.33%
CVNA401.000-2.02%
PAG160.5000.5%
LAD274.545-1.845%
AN203.0300.06%
GPI338.290-1.48999%
ABG201.660-0.35%
SAH71.3600.14%
TSLA374.1350.41501%
GM78.010-0.51%
F12.375-0.105%
RIVN16.565-0.3852%
CYD41.240-0.63%
HMC24.278-0.202%
TM192.750-3.33%
CVNA401.000-2.02%
PAG160.5000.5%
LAD274.545-1.845%
AN203.0300.06%
GPI338.290-1.48999%
ABG201.660-0.35%
SAH71.3600.14%
TSLA374.1350.41501%
GM78.010-0.51%
F12.375-0.105%
RIVN16.565-0.3852%
CYD41.240-0.63%
HMC24.278-0.202%
TM192.750-3.33%
CVNA401.000-2.02%
PAG160.5000.5%
LAD274.545-1.845%
AN203.0300.06%
GPI338.290-1.48999%
ABG201.660-0.35%
SAH71.3600.14%


Automotive News

newscast
Daily Newscast

How Career Path Models Can Curb Employee Turnover in Fixed-Ops | The Economic Facts for Automated Recon | Is it Time to Update Your Phone Script? Here’s What it Should Include

- September 24, 2018
Today on CBTNews.com - Monday, September 24th, 2018: How Career Path Models Can Curb Employee Turnover in Fixed-Ops - John Fairchild Frequent employee turnover is something every dealership tries to avoid, especially...
Model 3
Daily Automotive News

Tesla Launches Direct Delivery Initiative To Answer Model 3 Demand

- September 24, 2018
It's no secret that Tesla has been having difficulty meeting the production and delivery demands for its Model 3 customer reservations, which prompted industry experts to question Tesla's longevity earlier these year. While the...
newscast
Daily Newscast

How To Get The Most Out Of Your Selling Opportunities | Hurricane Florence: What Can We Expect for the Automotive Industry? | Nick Saban Shares the Details to Driving Success on the Field and at the Dealership

- September 21, 2018
Today on CBTNews.com - Friday, September 21st, 2018: How To Get The Most Out Of Your Selling Opportunities - Glenn Pasch How many opportunities did you present in order to sell units last...
hurricane florence
Daily Automotive News

Hurricane Florence Hits the Southeast: What Can We Expect for the Automotive Industry?

- September 21, 2018
The past few weeks have been a rollercoaster when it came to tracking Hurricane Florence’s arrival to the lower Southeast of the United States. Original estimates had the massive storm...
self-driving
Daily Automotive News

5G Mobile Communications Open the Door For Self-Driving Technology

- September 21, 2018
Wouldn't it be nice if our cars could communicate with one another as intricately and effectively as our smartphones? Well, as it turns out, a myriad of automotive tech companies...
newscast
Daily Newscast

Safeguard Growth and Profitability in Your Dealership By Focusing on Fixed-Ops | Promises and Pitfalls of Migrating Financing Online | 5 Reasons Why CRM Systems Are Vital for Your Dealership

- September 20, 2018
Today on CBTNews.com - Thursday, September 20th, 2018: Safeguard Growth and Profitability in Your Dealership By Focusing on Fixed-Ops - Jim Roche According to a recent report, service departments now comprise 49%...
Tesla
Daily Automotive News

AutoNation’s CEO Mike Jackson: There Will Be a “Day of Reckoning” for Tesla

- September 20, 2018
Just a few days after Bloomberg published an article quoting Tesla’s Chief Executive Officer Elon Musk as saying, “We’ve gone from production hell to delivery logistics hell” after the company...
newscast
Daily Newscast

Discipline in Your F&I Process Leads to Strong Revenue | Best Practices for Recruiting Employees in the Digital Age | Keeping Talent Is Key To Success

- September 19, 2018
Today on CBTNews.com - Wednesday, September 19th, 2018: Discipline in Your F&I Process Leads to Strong Revenue - Adam Marburger From humble beginnings as a dealership porter to now being named one of Automotive...
Mike Jackson
Daily Automotive News

AutoNation’s Mike Jackson Ends His Tenure As CEO After Almost 20 Years

- September 19, 2018
After 20 years of overseeing the largest chain of auto dealerships in the country, AutoNation's CEO Mike Jackson will step down, and transition to executive chairman sometime next year. After completing college,...
Mike Jackson
Daily Automotive News

Mike Jackson Stepping Down as AutoNation CEO

- September 19, 2018
The automotive world received a jolt today as AutoNation CEO Mike Jackson announced his decision to step aside after nearly 20 years with the company. Jackson made the announcement on...


Latest Articles

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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.
Latest Articles 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
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The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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Autonomous
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Autonomous future back in focus as Waymo expands, Uber reinvests billions

Tesla is winning the self-driving race – so why is Washington trying to slow it down?
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Tesla is winning the self-driving race – so why is Washington trying to slow it down?


CBT News
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