TSLA377.2403.52%
GM77.945-0.575%
F12.385-0.095%
RIVN16.446-0.5038%
CYD41.9900.12%
HMC24.310-0.17%
TM192.270-3.81%
CVNA407.7804.76%
PAG161.1301.13%
LAD274.460-1.93001%
AN203.0400.07%
GPI340.2950.515%
ABG203.7001.69%
SAH71.8900.67%
TSLA377.2403.52%
GM77.945-0.575%
F12.385-0.095%
RIVN16.446-0.5038%
CYD41.9900.12%
HMC24.310-0.17%
TM192.270-3.81%
CVNA407.7804.76%
PAG161.1301.13%
LAD274.460-1.93001%
AN203.0400.07%
GPI340.2950.515%
ABG203.7001.69%
SAH71.8900.67%
TSLA377.2403.52%
GM77.945-0.575%
F12.385-0.095%
RIVN16.446-0.5038%
CYD41.9900.12%
HMC24.310-0.17%
TM192.270-3.81%
CVNA407.7804.76%
PAG161.1301.13%
LAD274.460-1.93001%
AN203.0400.07%
GPI340.2950.515%
ABG203.7001.69%
SAH71.8900.67%


Atlanta

Jimmy Ellis

Jim Ellis Auto Group CEO Jimmy Ellis gears up for their annual Holiday Giving Campaign

- December 25, 2020
The holidays are very difficult for many families. Some face economic hardships and others face the loneliness of missing loved ones. The holidays are a perfect time for dealers to...
Management & Leadership Featured
Gregory Baranco

MB dealer Gregory Baranco says ‘manufacturers need to step up’ their diversity efforts

- September 22, 2020
While there are over 18,000 dealers in the country, only 265 dealerships are owned by African Americans. The lack of black representation and the growth of diversity in automotive has...
Management & Leadership Auto News
Jim Ellis

CEO Jimmy Ellis Discusses How the Jim Ellis Auto Group Was Prepared for COVID-19 Before it Hit

- August 6, 2020
Online car-buying platforms have become vital resources for dealers across the country. Many dealers believe the focus towards online car shopping and delivery has changed the car buying experience forever....
Management & Leadership Auto News

Groupe PSA Chooses Atlanta For Its North American Hub In Landmark Move

- January 30, 2018
Atlanta has become a hub for automotive manufacturer locations. Porsche and Mercedes-Benz are both headquartered there, and even Kia Motors has a manufacturing plant located outside of the city in...
Daily Automotive News Auto News
Asbury

David Hult to replace Craig Monaghan as Asbury Automotive’s President and CEO

- August 25, 2017
DULUTH, Ga., -- The Board of Directors of Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today announced that Executive Vice President and...
Daily Automotive News Auto News
David Booth

What Makes a Frictionless Transaction? – David Booth, GM of Shottenkirk Chrysler

- May 29, 2017
Recently, Joe had the pleasure of speaking with David Booth, GM of Shottenkirk Chrysler Dodge Jeep Ram of Atlanta. David's progressive customer experience initiatives have gained him a reputation for success...
Sales & Marketing Auto News
Stacey Ellis Hodges

The Keys to a Successful Family Business – Stacey Ellis Hodges, Vice President of Ellis Auto Group

- May 16, 2017
  Since 1971 the Jim Ellis Automotive Group has brought its customers and community the best their family has had to offer. Now enlisting help across 3 generations, Jim Ellis has...
Management & Leadership Auto News

BREAKING NEWS: Coach Nick Saban to speak at CBT Conference & Expo

- July 9, 2015
We are excited to announce that Nick Saban, head football coach for the University of Alabama, has signed on to be a keynote speaker at the CBT Conference and Expo. The 4-time...
Daily Automotive News Auto News


Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

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

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

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

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 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

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.
Latest Articles 04/24/26

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

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

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


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.