TSLA390.060-4.4%
GM77.150-0.49%
F14.135-0.045%
RIVN16.740-1.06%
CYD44.880-0.99%
HMC28.7250.835%
TM179.5502.63%
CVNA69.720-0.87%
PAG204.2903.89%
LAD336.1804.81%
AN208.2454.705%
GPI327.6808.28%
ABG226.6008.17%
SAH101.8502.12%
TSLA390.060-4.4%
GM77.150-0.49%
F14.135-0.045%
RIVN16.740-1.06%
CYD44.880-0.99%
HMC28.7250.835%
TM179.5502.63%
CVNA69.720-0.87%
PAG204.2903.89%
LAD336.1804.81%
AN208.2454.705%
GPI327.6808.28%
ABG226.6008.17%
SAH101.8502.12%
TSLA390.060-4.4%
GM77.150-0.49%
F14.135-0.045%
RIVN16.740-1.06%
CYD44.880-0.99%
HMC28.7250.835%
TM179.5502.63%
CVNA69.720-0.87%
PAG204.2903.89%
LAD336.1804.81%
AN208.2454.705%
GPI327.6808.28%
ABG226.6008.17%
SAH101.8502.12%


automotive

Devastation in Wake of Hurricane Harvey, Affects Hundreds of Dealerships and Their Staff

- August 29, 2017
On Saturday night alone, more than 20 inches of rainfall accumulated in just eight hours in the Houston area as Hurricane Harvey made landfall. Despite scrambling to protect inventory and...
Auto News Headlines
Asbury

David Hult to replace Craig Monaghan as Asbury Automotive’s President and CEO

- August 25, 2017
DULUTH, Ga., -- The Board of Directors of Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today announced that Executive Vice President and...
Daily Automotive News Auto News
pre-qualifying

Pre-qualifying shoppers by brand, not budget

- August 21, 2017
  Pre-qualifying shoppers with questions about their budget is the best way to insure that you will get an untruthful answer in response. The only thing you really need to know...
Shows

ChargePoint Network Expands Presence, Marking Continued Growth for Electric Vehicle Market

- August 18, 2017
New Arizona office grows ChargePoint service and support operations in North America, adds jobs and supports the shift to electric mobility Scottsdale, Ariz. – ChargePoint, Inc., the world’s largest electric vehicle (EV)...
Auto News Headlines

July 2017 Auto Sales Totals

- August 2, 2017
CBT News Anchor Joe Gumm reports on U.S. automotive sales totals for the month of July 2017
Sales & Marketing Auto News

June 2017 Auto Sales Totals

- July 6, 2017
CBT News Anchor Bridget Fitzpatrick reports on sales totals for the month of June 2017 at dealerships around the U.S.  The seasonally adjusted, annualized sales rate was 16.51 million. Major US...
Sales & Marketing Auto News
hiring

5 things to look for when hiring

- June 13, 2017
One time an SVP of Staffing for a large Silicon Valley corporation sat next to me on a discussion panel. When the moderator asked the SVP "What do you look for in...
Management & Leadership Auto News

Better Questions For Better Business Results! What Dealers Need to Ask Themselves

- June 12, 2017
Effective questions, getting better answers and taking action are the keys to problem solving, innovation, and unlocking the full potential opportunity for your dealership’s business. In fact, asking better questions...
Management & Leadership Sales & Marketing

The State Of Retail Now – Daymond John’s Take

- June 12, 2017
In today’s retail space, customers are more demanding with their needs and wants. That would include the auto retail space. Daymond John (founder of the clothing brand, FUBU and of Shark...
Daily Automotive News Auto News
sales totals

May 2017 Auto Sales Totals

- June 1, 2017
CBT News Anchor Joe Gumm reports on sales totals for the month of May 2017 at dealerships around the U.S.  The seasonally adjusted, annualized sales rate was 16.8 million. Non-Domestic Luxury...
Sales & Marketing Auto News

Latest Articles

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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Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
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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.
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Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
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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

Fighting payment anxiety in the F&I office with empathy and value
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Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
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Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
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