TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

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Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

- April 24, 2026
DETROIT, April 23, 2026 /PRNewswire/ -- The Toyota Mobility Foundation (TMF) and City of Detroit today announced three winners of TMF's Sustainable Cities Challenge in Detroit. The announcement marks the conclusion of the...
Ford doubles down on U.S. assembly as trade policies shift industry strategy

Ford doubles down on U.S. assembly as trade policies shift industry strategy

- April 24, 2026
On the Dash: Ford’s domestic production advantage may become a stronger selling point as “Made in America” messaging gains traction. Policy-driven incentives could shift consumer demand toward U.S.-assembled vehicles Inventory...
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.

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

- April 24, 2026
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...
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.

New car sales drop 7.3% in April, but don’t blame buyers

- April 24, 2026
On the Dash: The latest JD Power-GlobalData forecast shows April's 7.3% sales drop stems from last spring's tariff-driven buying rush. Nearly one in three trade-ins carries negative equity, making deals...
Autonomous

Autonomous future back in focus as Waymo expands, Uber reinvests billions

- April 24, 2026
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. I’m...
Tesla is winning the self-driving race – so why is Washington trying to slow it down?

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

- April 24, 2026
Washington has a messaging problem on self-driving cars—and it’s becoming impossible to ignore. Regulators and politicians keep telling Americans that autonomous vehicles are the future. Safer roads. Fewer accidents. Smarter...
Tesla ramps up AI spending to $25B, signals near-term cash pressure

Tesla ramps up AI spending to $25B, signals near-term cash pressure

- April 23, 2026
On the Dash: Tesla’s pivot to AI and autonomy signals long-term disruption but near-term margin pressure across the EV segment. Increased competition and pricing pressure highlight the importance of value...
Rivian R2 Production Begins

Rivian begins R2 production, taking aim at traditional dealerships

- April 23, 2026
On the Dash: Rivian has begun building the R2, with first customer deliveries expected this spring. The R2 is Rivian's first vehicle designed to compete in the mainstream market. Rivian's...
EV rentals, EVs, electric vehicles, Hetrz,

More drivers turn to EV rentals as gas prices top $4

- April 23, 2026
On the Dash: EV rentals are surging at Hertz and Turo as gas prices top $4 a gallon nationwide. The conflict in Iran has pushed U.S. gas prices up more...
U.S. News announces the 2026 best hybrid and electric cars

U.S. News announces the 2026 best hybrid and electric cars

- April 22, 2026
WASHINGTON, April 22, 2026 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the 2026 Best Hybrid and Electric Cars awards. Despite the end of EV...
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