TSLA388.945-5.515%
GM77.530-0.11%
F14.165-0.015%
RIVN17.255-0.545%
CYD45.250-0.62%
HMC28.7050.815%
TM179.0102.09%
CVNA71.3400.75%
PAG206.1605.76%
LAD341.43010.05999%
AN209.2205.68%
GPI327.8908.49%
ABG225.0106.58%
SAH102.2402.5101%
TSLA388.945-5.515%
GM77.530-0.11%
F14.165-0.015%
RIVN17.255-0.545%
CYD45.250-0.62%
HMC28.7050.815%
TM179.0102.09%
CVNA71.3400.75%
PAG206.1605.76%
LAD341.43010.05999%
AN209.2205.68%
GPI327.8908.49%
ABG225.0106.58%
SAH102.2402.5101%
TSLA388.945-5.515%
GM77.530-0.11%
F14.165-0.015%
RIVN17.255-0.545%
CYD45.250-0.62%
HMC28.7050.815%
TM179.0102.09%
CVNA71.3400.75%
PAG206.1605.76%
LAD341.43010.05999%
AN209.2205.68%
GPI327.8908.49%
ABG225.0106.58%
SAH102.2402.5101%


auto industry news

class action privacy

Tesla faces a class action lawsuit over alleged privacy invasion

- April 10, 2023
A California Tesla owner filed a prospective class action lawsuit against the EV manufacturer, accusing it of violating its customers' privacy. On April 6, 2023, the lawsuit in the U.S. District...
Headlines Articles
2025 Ram 1500 REV

2025 Ram 1500 REV aims to set new standard

- April 5, 2023
If the delayed Tesla Cybertruck ever goes on sale, Ram will be the fifth auto brand in the market to start selling pickups—making Stellantis the last of the Detroit Three...
Headlines Articles
Tesla expectations

Tesla surpasses expectations with record-breaking deliveries

- April 3, 2023
After cutting the price of its vehicles, Tesla released its Q1 2023 production and delivery figures. Which confirm that both hit new records and exceeded expectations. The general belief among analysts...
Articles Headlines
ABB Robotics experts

Survey reveals about 600 experts doubt current EV targets

- March 31, 2023
ABB Robotics, a manufacturer of industrial robots, recently commissioned a study that polled almost 600 global industry experts from the engineering, manufacturing, and management fields. The results showed that 59%...
Headlines Articles
EVgo

Fourth-quarter earnings show positive trajectory for EV charging firm EVgo

- March 30, 2023
EV charging network operator, EVgo, revealed its Q4 earnings for 2022. The company reports a narrower loss than expected as demand for chargers from customers boomed.  Despite the revenue guidance for...
Articles Headlines
EV Startup Lucid

EV startup Lucid plans to lay off approximately 1,300 employees

- March 29, 2023
In an effort to reduce running costs and preserve cash before launching a second model next year, EV startup Lucid plans to lay off roughly 1,300 employees, or 18% of...
Articles Headlines
Tesla model X

NHTSA investigates claims of seat belt failure in over 50,000 Tesla Model X vehicles

- March 28, 2023
U.S. auto safety regulators have announced they are opening an evaluation into 50,000 Tesla Model X vehicles after receiving complaints reporting front seat belt failures.  The National Highway Traffic Safety Administration...
Articles Headlines
navigation Superchargers

New software updates have merged Rivan’s navigation with Tesla’s Superchargers

- March 24, 2023
Rivian's navigation system has been integrated into Tesla’s most recent software update as part of the automaker's attempt to utilize a special plug in the brand's Superchargers.  The first few Supercharger...
Articles Headlines
Koji Sato

Restructuring Toyota’s EV strategy is the top priority for the next CEO

- February 14, 2023
With a new leadership team recently introduced, Toyota's incoming CEO, Koji Sato, has pledged to "drastically" rework the automaker's sluggish EV strategy in order to rebuild the largest automaker in...
Articles Headlines
VinFast

VinFast delays vehicle deliveries in the United States until late February

- February 6, 2023
After finishing installing the most recent software updates, VinFast, a Vietnamese EV manufacturer, announced that it would postpone deliveries to car buyers in the United States until the second half...
Articles Headlines

Latest Articles

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

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus
Latest Articles 07/15/26

Mexico targets auto, steel tariffs as USMCA review puts North American trade in focus


CBT News
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