TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


automotive industry

Herb Chambers has made the largest donation of his life: a $100 million contribution to Mass General to help fund cancer research/treatment

Herb Chambers donates $100 million to Massachusetts General Hospital for cancer research

- January 2, 2025
Herb Chambers, owner of New England's largest dealership group, has made the largest donation of his life: a $100 million contribution to Massachusetts General Hospital (Mass General) to help fund...
Headlines Articles
Jimmy Carter, the 39th U.S. president who brokered peace between Israel and Egypt, died on Dec. 29 at his home in Plains, Georgia.

Jimmy Carter, humanitarian and former U.S. President, dies at 100

- December 30, 2024
Jimmy Carter, the 39th U.S. president who brokered peace between Israel and Egypt and later earned a Nobel Peace Prize for his humanitarian work, died on December 29, 2024, at...
Headlines Articles

Weekly roundup Detroit Giants donate $1M to Trump, Stellantis U-turns on layoffs, Musk vs. congress

- December 27, 2024
Earlier this week: Detroit Giants donated $1M to Trump’s 2025 inauguration. Stellantis U-turns on Ohio layoffs amid leadership challenges. Musk vs. Congress: spending bill sparks dramatic showdown. Cars Commerce partners with...
Articles Daily Automotive News
40 under 40 Honoree: Ashley DeBoer | Mint Motors

40 under 40 Honoree: Ashley DeBoer | Mint Motors

- December 24, 2024
In the fast-paced automotive sales and marketing world, few stand out quite like Ashley DeBoer. As the Vice President of Sales and Marketing at Mint Motors, DeBoer combines innovation with...
Event Coverage Featured
Stellantis announced on December 21 that it will no longer proceed with the indefinite layoffs, initially scheduled to take effect on Jan. 5

Stellantis u-turns on Ohio layoffs amid leadership challenges

- December 23, 2024
Stellantis has reversed its decision to lay off approximately 1,100 employees at its Toledo South Assembly Plant in Ohio, just weeks after the sudden resignation of CEO Carlos Tavares. The...
Headlines Articles
Japanese automakers Nissan and Honda announced that they’ve formally entered into discussions surrounding a potential merger.

Nissan and Honda enter formal merger talks to create new industry giant 

- December 23, 2024
On Monday, Japanese automakers Nissan and Honda announced that they’ve formally entered into discussions surrounding a potential merger. If the merger is successful, it will form the world’s third-largest automaker...
Articles Headlines
On today’s episode of Training Camp, Adam Marburger shares five powerful principles of influence that every F&I professional needs to master.

Mastering objection handling with five principles of influence – Adam Marburger

- December 23, 2024
On today’s episode of Training Camp, Adam Marburger, the Black Belt in F&I operations, dives deep into the psychology of selling, sharing five powerful principles of influence that every F&I...
Training Camp Featured
40 under 40 Honoree: Andrew Mayle | Mike Maroone Chevrolet South

40 under 40 Honoree: Andrew Mayle | Mike Maroone Chevrolet South

- December 23, 2024
We are excited to celebrate Andrew Mayle, the dynamic general sales manager and pre-owned vehicle manager at Mike Maroone Chevrolet South, a distinguished honoree of CBT News' prestigious 40 Under...
Event Coverage Featured
Must-see innovative startups and tech at NADA 2025

Kazakhstan’s auto shift with Chinese manufacturers poised to overtake legacy brands

- December 20, 2024
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting...
Future of Automotive Featured

Weekly roundup: UAW ordered to turn over documents, Fed eases rates, Ford leadership changes

- December 20, 2024
Earlier this week: UAW ordered to turn over unredacted documents to an independent monitor. Fed eases rates again but signals a slower path ahead. Ford's warranty woes and recall troubles...
Articles Daily Automotive News


Latest Articles

2026 Lincoln Navigator raises the luxury SUV bar with tech, power, and comfort
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Why driver-monitoring cameras are becoming the future of automotive
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Ford files patent for smart tool tracking system in vehicles
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Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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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
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
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Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
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The AI platform capturing $10,000 a month in after-hours dealer revenue


CBT News
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