TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


automotive trends

Tesla global sales

Tesla surpasses 4 million in cumulative global sales

- April 25, 2023
According to a new global sales analysis, Tesla has completed an important objective on its path to becoming a prominent international brand. The study, conducted by CleanTechnica, a news platform reporting...
Articles Headlines
NADA president Mike Stanton

NADA President Mike Stanton on building bridges between OEMs and dealers

- April 25, 2023
 The role dealers play in shaping the future of the car business is more essential than ever, but do manufacturers see it that way? On this episode of Inside Automotive,...
Daily Automotive News Inside Automotive
Polestar 4

Unconventional Polestar 4 will launch next year without a rear window

- April 18, 2023
Polestar has revealed the Polestar 4, the latest in its growing lineup of electric vehicles and the brand's first "SUV Coupé." The automaker unveiled the new model at the Shanghai Auto...
Articles Headlines
Rivian downgrades

Investment firm foresees financial struggles for Rivian, cuts price target by 76%

- April 14, 2023
Piper Sandler believes that in order to compete with Tesla, Rivian, an EV manufacturer, must address finance issues. On Thursday, April 13, the company lowered Rivian from overweight to neutral. Additionally,...
Headlines Articles
Ford 2023 Mustang Mach-E

Most Ford EVs won’t qualify for full tax credit under Treasury’s new rules

- April 5, 2023
Shortly after the Treasury Department publicized its revisions to the Inflation Reduction Act's EV tax credit rules, Ford revealed that most of its electric lineup will no longer qualify for the...
Articles Headlines
Inside Automotive Chad Martin

Dealer Chad Martin on better inventory, changing customers, and diversity

- April 4, 2023
On this episode of Inside Automotive, Chad Martin, President of Martin Management Group, joins host Jim Fitzpatrick to discuss the car business and Black representation in retail automotive. Martin Management...
Management & Leadership Inside Automotive
Hyundai and Kia

Hyundai and Kia break sales records in March, grow EV sales

- April 3, 2023
Hyundai and Kia have officially broken their previous monthly sales records, continuing their streak of month-over-month gains. Hyundai announced it had sold a record-breaking 75,404 vehicles last month alone, a 27%...
Articles Headlines
domestic sourcing

New EV tax credit rules revealed, tighten domestic sourcing guidelines

- April 3, 2023
After several months of delay, the U.S. Treasury has tightened domestic sourcing requirements for electric vehicle tax credits. Up till now, automakers and consumers have enjoyed minimal restrictions on which cars...
Articles Headlines
Automotive Ventures, Greenfield

3 auto industry developments that will challenge dealers moving forward — Steve Greenfield

- February 13, 2023
Interesting developments have been strategically provoking the way that dealership operations are carried across the entire automotive industry. In order to understand dealers' anxious concerns and how to better address...
Featured Daily Automotive News

Kerrigan Report: Early 2019 Winners, Buy/Sell Report, and Major Industry Announcements

- April 1, 2019
Joining us today on CBTNews.com to review The Kerrigan Index for February 2019 is Ryan Kerrigan. We discuss the month's winners, major industry announcements, the Buy/Sell market, and other strong...
Daily Automotive News Shows

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
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Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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