TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.05%
RIVN16.775-0.175%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.020-4%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%
TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.05%
RIVN16.775-0.175%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.020-4%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%
TSLA380.8187.0983%
GM77.560-0.96%
F12.430-0.05%
RIVN16.775-0.175%
CYD41.230-0.64%
HMC24.240-0.24%
TM192.960-3.12%
CVNA399.020-4%
PAG159.535-0.465%
LAD275.680-0.71%
AN202.390-0.58%
GPI337.175-2.605%
ABG201.065-1.005%
SAH70.550-0.67%


Automotive News

newscast
Daily Newscast

Online Communication: The Key To Closing The Deal | How to Fight High Dealership Turnover to Retain Millennials | 10 Signs That It’s Time to Revamp Your Website

- September 11, 2018
Today on CBTNews.com - Tuesday, September 11th, 2018: Online Communication: The Key To Closing The Deal Today CBT Automotive welcomes Glenn Pasch, CEO of PCG Digital Marketing. In this segment, Jim and...
Tarrifs
Daily Automotive News

Trump’s Ramping Up On Threats for More Tariffs

- September 11, 2018
Despite the continuing pushback on President Donald Trump’s decisions on trade, an article from the Washington Examiner has reported that the White House is still considering imposing a 25 percent...
newscast
Daily Newscast

Increase Profits By Reducing Your Recon Timeline | Service Department Now Makes Up 49% of Your Dealership’s Gross Profit | How to Avoid 5 Common Customer Complaints

- September 10, 2018
Today on CBTNews.com - Monday, September 10th, 2018: Increase Profits By Reducing Your Recon Timeline - Dennis McGinn CBT Automotive welcomes Dennis McGinn, Founder and CEO of Rapid Recon. During this segment,...
fixed operations
Daily Automotive News

Service Department Now Makes Up 49% of Your dealership’s Gross Profit

- September 10, 2018
The automotive industry is always varying, especially as consumer behaviors and the status of the economy continue to shift. The retail market of vehicles is hurting at the moment, so...
newscast
Daily Newscast

Is your Dealership Using the Right Marketing Mix to Attract Buyers? | 3 Common F&I Problems & How to Solve Them | With Prepaid Maintenance Plans Everyone Wins

- September 7, 2018
Today on CBTNews.com - Friday, September 7th, 2018: 3 Common F&I Problems & How to Solve Them In any dealership, there are going to be problems. Low unit sales, bad CSI, personnel...
newscast
Daily Newscast

The Importance of Investing in Your Salespeople | Defied Expectations, Rising Prices, and High Consumer Confidence Define August | Tips for New Managers: Earn Respect From the Start

- September 6, 2018
Today on CBTNews.com - Thursday, September 6th, 2018: The Importance of Investing in Your Salespeople - David Lewis CBT Automotive host Jim Fitzpatrick welcomes back to the network David Lewis, Trainer and CEO of...
August
Daily Automotive News

Defied Expectations, Rising Prices, and High Consumer Confidence Define August

- September 6, 2018
There has been much speculation about how the rest of 2018 would shape up when it came to auto sales. Many signs have pointed to the last half of 2018...
Daily Newscast

Never Miss the Opportunity to Make a Bid on a Used Car | Visual Displays — Best Practices in the Auto Industry | Harnessing the Power of SEO to Increase Car Sales

- September 5, 2018
Today on CBTNews.com - Wednesday, September 5th, 2018: Never Miss the Opportunity to Make a Bid on a Used Car - Zach Hallowell, Manheim Zach Hallowell, Vice President of Manheim Digital Marketplace,...
automotive industry
Daily Newscast

3 Tips to Guide You Towards Greater Success – Walter Bond | 5 Industry Trends Dealers Should Begin to Prepare For | How a Softer Approach with Millennial Buyers is Best

- September 4, 2018
Today on CBTNews.com - Tuesday, September 4th, 2018: 3 Tips to Guide You Towards Greater Success - Walter Bond In the final installment of CBT's interview series with Walter Bond, he leaves...
disruption
Daily Automotive News

The Age of Disruption: Five Automotive Industry Trends Dealers Should Begin to Prepare For

- September 4, 2018
In today’s world, the automotive industry is far from business as usual. A lot has happened in the past few years to make the task of selling cars a lot...


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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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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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CBT News
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