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

CBT automotive newscast: August 25, 2021

- August 25, 2021
Featured Interview: M&A expert Erin Kerrigan breaks down industry outlook for the remainder of 2021 The 2021 market has been hot, but how long will it stay that way? On today’s show,...
Daily Newscast

CBT automotive newscast: August 24, 2021

- August 24, 2021
Featured Interview: NCADA Pres. Robert Glaser discusses Carvana's 180-day dealer license suspension The North Carolina DMV has banned Carvana from selling vehicles in Wake County, where their Raleigh dealership is located. for...
Daily Newscast

CBT automotive newscast: August 23, 2021

- August 23, 2021
Featured Interview: Buy-sell expert Alan Haig discusses current valuations and M&A trends in the auto industry Haig Partners has new, recently released data on the profits from the largest public automotive retailers....
Daily Newscast
NIADA

Gearing up for the 75th annual NIADA Convention and Expo with CEO Bob Voltmann and Pres. Lou Tedeschi

- August 20, 2021
Independent dealers across the country are gathering in San Antonio, Texas, next week for the 75th annual NIADA Convention and Expo. On today’s show, we’re pleased to welcome Bob Voltmann,...
Daily Automotive News Featured
AutoNation sells remaining ..Friday 5

Foureyes founder David Steinberg announces funding round and Hagerty goes public via SPAC merger

- August 20, 2021
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the...
Future of Automotive Daily Automotive News

CBT automotive newscast: August 20, 2021

- August 20, 2021
Featured Interview: Why this N.C. dealer group is investing big in its BDC departments The retail automotive industry changes rapidly so what are BDC departments doing to keep up? On today’s show...
Daily Newscast

Sonic Automotive increases minimum hourly wage to $15

- August 19, 2021
CHARLOTTE, N.C., August 19, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announces wage increases to provide all...
Daily Automotive News Auto News

CBT automotive newscast: August 19, 2021

- August 19, 2021
Featured Interview: GNYADA Pres. Mark Schienberg on the decision to postpone the New York Auto Show In light of new coronavirus concerns and the increase in Delta variant cases, the New York...
Daily Newscast

CBT automotive newscast: August 18, 2021

- August 18, 2021
Featured Interview: How car dealers can best position themselves to compete with retailers like Carvana - Paragon Vice Pres. Brian Benstock Online vehicle retailer Carvana continues to grow at a rapid pace...
Daily Newscast

CBT automotive newscast: August 17, 2021

- August 17, 2021
Featured Interview: GM Nick Anderson discusses how COVID-19 transformed the customer experience at his Ford store This year marks the tenth annual, 40 under 40 list from Automotive News. On today’s show,...
Daily Newscast

Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

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


CBT News
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