TSLA391.555-2.90501%
GM77.575-0.065%
F14.145-0.035%
RIVN16.825-0.975%
CYD44.720-1.15%
HMC28.7550.865%
TM179.8802.96%
CVNA70.510-0.0799%
PAG204.6904.29%
LAD337.3806.01%
AN208.2004.66%
GPI328.0908.69%
ABG227.1108.68%
SAH101.8502.12%
TSLA391.555-2.90501%
GM77.575-0.065%
F14.145-0.035%
RIVN16.825-0.975%
CYD44.720-1.15%
HMC28.7550.865%
TM179.8802.96%
CVNA70.510-0.0799%
PAG204.6904.29%
LAD337.3806.01%
AN208.2004.66%
GPI328.0908.69%
ABG227.1108.68%
SAH101.8502.12%
TSLA391.555-2.90501%
GM77.575-0.065%
F14.145-0.035%
RIVN16.825-0.975%
CYD44.720-1.15%
HMC28.7550.865%
TM179.8802.96%
CVNA70.510-0.0799%
PAG204.6904.29%
LAD337.3806.01%
AN208.2004.66%
GPI328.0908.69%
ABG227.1108.68%
SAH101.8502.12%


GM Looks into the Future of Transportation

profile
By CBT News July 26, 2016
Future of Transportation

GM looks into the Future of Transportation

GM’s CEO Mary Barra told Bloomberg that she believes the cars dealers are selling right now we will see on the road in the next 11 years. Cars are lasting longer than they have before. The average age of a car you will see on a street is about 11 years old.

Watch Mary’s Interview to find out more


Tags

More from Daily Automotive News
Your new car now comes with a camera pointed at your face. Europe just made it mandatory

Your new car now comes with a camera pointed at your face. Europe just made it mandatory

- July 15, 2026
Imagine buying a brand-new vehicle and discovering it comes with a camera pointed at the driver. It is designed to watch you every time you drive. Not the road. Not traffic. Just...
Daily Automotive News Articles
Ed Morse Automotive Group Acquires Mercedes-Benz of Billings

Ed Morse Automotive Group Acquires Mercedes-Benz of Billings

- July 13, 2026
Ed Morse Automotive Group acquired Mercedes-Benz of Billings from DMN Holdings in a transaction that closed on July 8, 2026. The acquisition marks the group's first dealership in Montana and...
Mergers & Acquisitions Tracker Daily Automotive News
Car makers went to Washington to stop right to repair. It backfired

Car makers went to Washington to stop right to repair. It backfired

- July 13, 2026
For years, the fight over Right to Repair has been portrayed as a niche battle between automakers and hobbyists who want to work on their own cars. It never was. What...
Daily Automotive News Articles
Hendrick Automotive Group acquires Foreign Cars Italia stores in Charlotte and Greensboro

Hendrick Automotive Group acquires Foreign Cars Italia stores in Charlotte and Greensboro

- July 10, 2026
Hendrick Automotive Group, the Charlotte, N.C.-based dealership group said to be the largest privately owned auto retailer in the U.S., has acquired Foreign Cars Italia Charlotte and Foreign Cars Italia...
Daily Automotive News Mergers & Acquisitions Tracker


Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

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 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors

CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.