TSLA392.744-1.7156%
GM77.470-0.17%
F14.165-0.015%
RIVN17.040-0.76%
CYD44.850-1.02%
HMC28.7800.89%
TM179.6202.7%
CVNA71.0150.425%
PAG206.0705.67%
LAD343.92512.55499%
AN208.9305.38999%
GPI327.8408.44%
ABG226.8708.44%
SAH102.8803.15%
TSLA392.744-1.7156%
GM77.470-0.17%
F14.165-0.015%
RIVN17.040-0.76%
CYD44.850-1.02%
HMC28.7800.89%
TM179.6202.7%
CVNA71.0150.425%
PAG206.0705.67%
LAD343.92512.55499%
AN208.9305.38999%
GPI327.8408.44%
ABG226.8708.44%
SAH102.8803.15%
TSLA392.744-1.7156%
GM77.470-0.17%
F14.165-0.015%
RIVN17.040-0.76%
CYD44.850-1.02%
HMC28.7800.89%
TM179.6202.7%
CVNA71.0150.425%
PAG206.0705.67%
LAD343.92512.55499%
AN208.9305.38999%
GPI327.8408.44%
ABG226.8708.44%
SAH102.8803.15%


auto industry news

Tesla Q1 earnings call

Tesla reveals lower profits, new Cybertruck details during Q1 earnings call

- April 20, 2023
During Tesla's quarterly earnings call, worries over the automaker's declining profits were confirmed as the company revealed its net income had declined 24% from last year's $3.32 billion. In total, Tesla's...
Articles Headlines
Ram pickups

131,700 Ram pickups to be recalled over engine-related software error

- April 19, 2023
Stellantis is planning to recall roughly 131,700 Ram pickups, citing a software issue that could cause the engines to stall. According to the automaker's case file on the National Highway Traffic...
Articles Headlines
Mark Mears Ryann Ferrero

How solar power could help dealers make money during the EV shift — Mark Mears, Ryan Ferrero

- April 18, 2023
On this edition of Inside Automotive we take a look at the 'why' behind an ongoing shift towards solar power and energy independence at dealerships. Host Jim Fitzpatrick is joined...
Featured Daily Automotive News
tax credit, tax credits, revisions

Most EV models likely to earn partial or full tax credit under new revisions

- April 17, 2023
With the Treasury Department's electric vehicle tax credit revisions set to apply on April 18, new research suggests their effect on automaker sales will be limited. The new guidelines tighten domestic...
Articles Headlines
new and used

Surprising shifts in new and used pricing, sales, inventory seen in March

- April 17, 2023
March proved to be an eventful month for the auto industry as the pricing, inventory and sales dynamics surrounding new and used vehicles changed. Average transaction prices (ATP) dropped 1.1% from...
Articles Headlines
Charlie Chesbrough Cox Automotive

Better inventory, bigger prices: What Q1 reveals about the 2023 car market — Charlie Chesbrough | Cox Automotive

- April 17, 2023
The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However, dealers still have many questions about...
Daily Automotive News Inside Automotive
Lucid

Lucid sales and manufacturing stumble in Q1, brand recognition an issue

- April 14, 2023
Electric vehicle brand Lucid revealed its quarterly production and sales numbers, shedding light on the automaker's struggle to build a following. On Thursday, the automaker announced a first-quarter production total of...
Articles Headlines
U.S. manufacturing

U.S. manufacturing output improves during first-quarter but slides in March

- April 14, 2023
First-quarter data on U.S. manufacturing showed increased production, despite a slight dip reported in March. Although manufacturing accounts for just over a tenth of the U.S. economy, its rate of production...
Articles Headlines
Mercedes-Benz Q1 2023

Global Mercedes-Benz sales improve, but U.S. market remains sluggish

- April 12, 2023
Mercedes-Benz has posted strong first-quarter numbers, driven by better electric and premium vehicle sales. The automaker sold 503,500 units globally, a 3% increase from the same period in 2022, although performance...
Articles Headlines
Northwood University & Subaru automotive

Subaru of New England makes transformational donation to Northwood University — Ernie Boch Jr. & Justin Marshall

- April 11, 2023
On today’s episode of Inside Automotive, we’re joined by the man behind the incredible $500,000 donation to Northwood University, Ernie Boch Jr., renowned business leader, entrepreneur, and philanthropist. Boch serves...
Management & Leadership Inside Automotive


Latest Articles

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

Your new car now comes with a camera pointed at your face. Europe just made it mandatory
Latest Articles 07/15/26

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


CBT News
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