TSLA392.173-2.2869%
GM77.8700.23%
F14.2600.08%
RIVN17.310-0.49%
CYD45.535-0.335%
HMC28.7750.885%
TM179.3702.45%
CVNA72.4351.845%
PAG205.0004.6%
LAD341.0359.665%
AN209.2405.70001%
GPI328.7259.325%
ABG225.9407.51%
SAH103.1003.37%
TSLA392.173-2.2869%
GM77.8700.23%
F14.2600.08%
RIVN17.310-0.49%
CYD45.535-0.335%
HMC28.7750.885%
TM179.3702.45%
CVNA72.4351.845%
PAG205.0004.6%
LAD341.0359.665%
AN209.2405.70001%
GPI328.7259.325%
ABG225.9407.51%
SAH103.1003.37%
TSLA392.173-2.2869%
GM77.8700.23%
F14.2600.08%
RIVN17.310-0.49%
CYD45.535-0.335%
HMC28.7750.885%
TM179.3702.45%
CVNA72.4351.845%
PAG205.0004.6%
LAD341.0359.665%
AN209.2405.70001%
GPI328.7259.325%
ABG225.9407.51%
SAH103.1003.37%


auto industry news

Ken Garff Automotive Group builds AI-ready foundation with Domo and Snowflake

Ken Garff Automotive Group builds AI-ready foundation with Domo and Snowflake

- June 30, 2026
SILICON SLOPES, Utah--(BUSINESS WIRE)--Domo (NASDAQ: DOMO) today announced that Ken Garff Automotive Group, a family-owned automotive retailer with more than 70 dealerships across nine states, is using Domo with Snowflake to...
Press Releases
Ferrari and BMW join Tesla in shift from copper to aluminum wiring

Ferrari and BMW join Tesla in shift from copper to aluminum wiring

- June 30, 2026
On the Dash: Ferrari and BMW are introducing aluminum wiring in new models, joining Tesla and several Chinese EV makers in moving away from copper. Copper’s surge to nearly $15,000...
Global Industry News Articles
President Donald Trump signs memo backing Americans' right to fix their own cars.

Trump signs memo backing Americans’ right to repair their own cars

- June 30, 2026
On the Dash: Trump's memo backs Americans' right to repair their own vehicles using aftermarket parts. The EPA must clarify allowable emissions repairs within 30 days, by late July. Automakers...
Industry News Articles

Toyota global sales fall for fourth straight month, EV sales rise 170%

- June 30, 2026
On the Dash: Toyota's global sales fell 7.4% in May to 885,207 units, a fourth straight monthly decline. China weakness, Middle East shipping disruption, and the RAV4 changeover drove the...
Market Reports Articles
Ford rehires veteran engineers after AI quality push falls short

Ford rehires veteran engineers after AI quality push falls short

- June 30, 2026
On the Dash: Ford rehired 350 veteran engineers after AI quality tools failed to deliver results. Ford's automated systems and 900 AI cameras missed defects that experienced engineers caught. The...
Industry News Articles
GM invests $275 million in Spring Hill, TN complex

GM bets big on Spring Hill, TN plant with $275 million investment

- June 30, 2026
On the Dash: GM is putting $275 million into its Spring Hill manufacturing complex in Tennessee. The money supports a future Cadillac ICE product and the 2.7L turbo engine program. ...
Industry News Articles
Texas closing in on California as the nation’s top auto market

Texas closing in on California as the nation’s top auto market

- June 29, 2026
On the Dash: California's retail share of U.S. light-vehicle sales has fallen to 11.4% in 2026, while Texas has climbed to 10.8%, narrowing the gap to just 0.6 percentage points. ...
Industry News Articles
Polestar's U.S. exit leaves dealer searching for answers.

Polestar’s U.S. exit leaves dealers searching for answers

- June 29, 2026
Polestar will leave the U.S. market with the 2027 model year, stranding 32 franchised dealers with their stores, their staff, and customers already driving the brand. The automaker failed a...
EVs & Technology Inside Automotive

June sales rise 3.6%, Cars a ‘need’ not ‘want’ for independent buyers, VW may end Bosch automated driving deal

- June 29, 2026
Top Stories  June sales rise 3.6%, JD Power forecasts 16.5 million SAAR. Read More For 79% of independent buyers, a car is a need, not a want, study finds. Read More VW plans...
Daily Newscast
Volkswagen moves to end automated driving partnership with Bosch

Volkswagen reportedly ending automated driving partnership with Bosch

- June 29, 2026
On the Dash: Volkswagen reportedly plans to end its automated driving partnership with Bosch as part of a broader push to cut costs and boost competitiveness. The partnership launched in...
Automotive News Articles

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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