TSLA392.662-1.7984%
GM77.220-0.42%
F14.145-0.035%
RIVN17.060-0.7405%
CYD44.730-1.14%
HMC28.7550.865%
TM179.5602.64%
CVNA71.0550.465%
PAG206.3905.99%
LAD344.19012.82%
AN209.4705.93%
GPI328.7509.35%
ABG226.9108.48%
SAH103.3403.61%
TSLA392.662-1.7984%
GM77.220-0.42%
F14.145-0.035%
RIVN17.060-0.7405%
CYD44.730-1.14%
HMC28.7550.865%
TM179.5602.64%
CVNA71.0550.465%
PAG206.3905.99%
LAD344.19012.82%
AN209.4705.93%
GPI328.7509.35%
ABG226.9108.48%
SAH103.3403.61%
TSLA392.662-1.7984%
GM77.220-0.42%
F14.145-0.035%
RIVN17.060-0.7405%
CYD44.730-1.14%
HMC28.7550.865%
TM179.5602.64%
CVNA71.0550.465%
PAG206.3905.99%
LAD344.19012.82%
AN209.4705.93%
GPI328.7509.35%
ABG226.9108.48%
SAH103.3403.61%


auto industry news

Honda reportedly reviving Element as a hybrid for 2029

Honda reportedly reviving Element as a hybrid for 2029

- June 29, 2026
On the Dash: Honda may revive the discontinued Element as an affordable hybrid, Automotive News reports. The new model would slot between the HR-V and CR-V, priced around $30,000 to...
Automotive News Articles
Cars a 'need' not a 'want' for 79% of independent buyers, study finds.

Cars a ‘need’ not a ‘want’ for 79% of independent buyers, study finds

- June 29, 2026
On the Dash: 79% of independent dealership buyers say they need a vehicle, not want one Only 21% of buyers would return to the same dealership for their next purchase ...
Market Reports Articles
June sales rise 3.6%, JD Power forecasts 16.5 million SAAR

June sales rise 3.6%, JD Power forecasts 16.5 million SAAR

- June 29, 2026
On the Dash: June new-vehicle sales projected to rise 3.6% to 1,363,800 units, JD Power said SAAR expected to reach 16.5 million, up 0.8 million year over year Negative equity...
Market Reports Articles
Ryan LaFontaine on family, beating cancer, and building Michigan's largest dealer group

Ryan LaFontaine on family, beating cancer, and building Michigan’s largest dealer group

- June 29, 2026
Ryan LaFontaine has called Highland, Michigan, home for nearly his entire life. At just six months old, his family put down roots there and has spent decades building one of...
Executive Profile Featured
Stellantis, Nissan in talks to buy assets of former parts supplier

Stellantis, Nissan in talks to buy assets of former parts supplier

- June 26, 2026
On the Dash: Stellantis and Nissan are in talks to buy assets from bankrupt supplier Marelli, Bloomberg reports. Stellantis wants Marelli's suspension business; Nissan eyes cockpit assets in Japan. Marelli...
Industry News Articles
Affordability alert: The car you could afford in 2019 costs $11,000 more today.

Dealers face affordability squeeze as entry-level vehicles disappear, report finds

- June 26, 2026
On the Dash: Dealers face affordability crunch as entry-level vehicles disappear Affordability concerns rise as new-vehicle prices have increased by more than $11,000 since 2019. Budget cars are nearly gone,...
Market Reports Articles
U.S. bans Polestar from selling new vehicles starting with 2027 models

U.S. bans Polestar from selling new vehicles starting with MY2027

- June 25, 2026
On the Dash: The Commerce Department denied Polestar authorization under the Connected Vehicle Rule, blocking new U.S. sales from the 2027 model year forward. Polestar will sell off its remaining...
Industry News Articles
President Trump asks Congress for $1 billion to restore Delphi pensions.

Trump asks Congress for $1 billion to restore Delphi pensions

- June 25, 2026
On the Dash: The White House asked Congress for $1 billion to restore pensions cut from former Delphi workers in 2009. The fix rides on a defense bill amendment and...
Industry News Articles
National Association of Minority Automobile Dealers Announces 46th Annual Conference in Miami

National Association of Minority Automobile Dealers Announces 46th Annual Conference in Miami

- June 25, 2026
MIAMI, FL – National Association of Minority Automobile Dealers (NAMAD) will host its 46th Annual Conference at the iconic Fontainebleau Miami Beach happening from August 11-14, 2026 under the theme:...
Press Releases Articles
Hertz lowers 2Q guidance amid struggling used-car market.

Hertz lowers Q2 guidance amid struggling used-car market

- June 25, 2026
On the Dash: Hertz expects Q2 adjusted corporate EBITDA of $50 million to $80 million, near the low end of guidance. Used-car softness flipped April vehicle-sale gains into May losses,...
Market Reports Articles

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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