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: July 26, 2021

- July 26, 2021
Featured Interview: First half 2021 automotive sales analysis - Tyson Jominy, VP of Data at J.D. Power After coming off 18 million-plus SAAR in Q2 of this year, the big question now,...
Daily Newscast
AutoNation sells remaining ..Friday 5

Which major automaker has acquired mapping startup Carmera? What driverless tech startup plans to go public?

- July 23, 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: July 23, 2021

- July 23, 2021
Featured Interview: Wholesale used car prices are beginning to go down. Here's how dealers should adjust their inventory - Jasen Rice, Lotpop In recent months, there has been a surge in demand...
Daily Newscast
marketing used cars

How this PA car dealer is navigating private-party acquisitions and developing a digital-forward strategy

- July 22, 2021
Welcome to this week's episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer...
Headlines

CBT automotive newscast: July 22, 2021

- July 22, 2021
Featured Interview: J.D. Power's Jonathan Banks on the future landscape for new and used vehicles Will the used car market continue to grow? On today’s show, we’re pleased to welcome Jonathan Banks,...
Daily Newscast

CBT automotive newscast: July 20, 2021

- July 20, 2021
Featured Interview: Where the auto industry is, and where it needs to go - Bob Lanham, Facebook Car dealers and other retail professionals in the automotive industry recently came together in Napa,...
Daily Newscast

CBT automotive newscast: July 19, 2021

- July 19, 2021
Featured Interview: Hiring and retaining top talent is a struggle for many car dealers, but why? Hiring and retaining top talent remains a concern for many dealers, especially as business continues to...
Daily Newscast
AutoNation sells remaining ..Friday 5

Which lithium-metal battery supplier is going public through a SPAC merger? What company announced its acquisition of MAX Digital?

- July 16, 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: July 16, 2021

- July 16, 2021
Featured Interview: How VA dealer Jarryd Carver worked his way through the ranks and opened two successful dealerships One dealer principal out of Virginia has had quite the unique journey in the...
Daily Newscast

CBT automotive newscast: July 15, 2021

- July 15, 2021
Featured Interview: Bloomberg's Kevin Tynan discusses key auto industry insights from Q2 Second-quarter numbers are officially in. On today’s show, we’re pleased to welcome back Kevin Tynan, Bloomberg Intelligence’s Senior Automotive Analyst,...
Daily Newscast

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Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
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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.
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Pricing transparency raises OEM website satisfaction, JD Power finds
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Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
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Mitsubishi expands Texas port operations to speed dealer deliveries
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CBT News
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