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

EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30.

Rivian revives ‘all-electric upgrade’ offer with new terms until November 30

- November 1, 2024
EV startup Rivian is reintroducing its “All-Electric Upgrade Offer,” which runs from now until November 30. However, several key changes have been made to streamline the process for customers interested...
Headlines Articles
Must-see innovative startups and tech at NADA 2025

Hyundai’s innovative ‘Drill Lance’ tackles EV fires: A safety breakthrough

- November 1, 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
Michigan's auto industry

Weekly roundup: NADA and dealer associations challenge Scout Motors, Ford and Stellantis report Q3 profits amid rising costs

- November 1, 2024
Earlier this week: NADA and state dealer associations set to challenge Scout Motors’ direct sales strategy. Ford sees $892M Q3 profit but faces challenges amid rising costs and EV losses....
Daily Automotive News Articles
Michigan's auto industry

Who will drive America’s future? The battle for Michigan’s automotive crown heats up

- October 30, 2024
The automotive industry has become a centerpiece in the 2024 presidential election, with Michigan, the heartland of U.S. auto manufacturing and home to over 1.1 million auto-related jobs, playing a...
Articles Headlines
An image of Penske Automotive Group's CEO Roger Penske

Penske Q3 profits drop amid BMW recall and rising interests costs

- October 29, 2024
Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse automotive giant, offers a portfolio of...
Articles Headlines
revenue leads

How dealers can convert digital leads into major revenue – Sean and Karen Bradley | Dealer Synergy

- October 29, 2024
With a staggering increase in Americans using the internet as their first step in their hunt for a new vehicle, BDCs are proving to be an effective way for dealerships...
CBT Now Management & Leadership

Adapting auto marketing for the long funnel – April Simmons | Horne Auto Group

- October 28, 2024
In a market where consumers stay longer in the sales funnel, April Simmons, Corporate Internet and Marketing Director at Horne Auto Group is reshaping how dealerships approach advertising. On today's...
Inside Automotive Sales & Marketing
vAuto Conquest

How vAuto Conquest helps dealers tackle year-end inventory challenges – Derek Hansen | Cox Automotive

- October 28, 2024
Fall is here, which means the model-year changeover is upon us—and dealers will be looking to move current inventory off their lots to make room for next year’s models. In...
Featured Sales & Marketing
leasing

Affordability and leasing trends dominate Q2 2024 – Melinda Zabritski | Experian 

- October 25, 2024
As the automotive market undergoes significant transformations, affordability remains a critical issue for consumers. However, emerging trends in leasing and cash transactions offer a positive outlook. In the latest episode...
CBT Now F&I
Must-see innovative startups and tech at NADA 2025

The rise of BYD: how Chinese automakers are reshaping the global auto market

- October 25, 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...
Featured Future of Automotive


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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


CBT News
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