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 14, 2021

- July 14, 2021
Featured Interview: How an influx of capital for car dealers is shaping the buy-sell market - Alan Haig, Haig Partners On today’s show, we’re pleased to welcome Alan Haig, President and Founder...
Daily Newscast

CBT automotive newscast: July 13, 2021

- July 13, 2021
Featured Interview: Cox Automotive’s Charlie Chesbrough on what the industry can expect for the second half of 2021 Here to give us an overview of the first half of 2021 and what...
Daily Newscast

CBT automotive newscast: July 12, 2021

- July 12, 2021
Featured Interview: Paragon's Brian Benstock discusses record-breaking sales numbers and shares his outlook on future industry trends The Paragon team out of New York is proving that sales teams are still relevant...
Daily Newscast
AutoNation sells remaining ..Friday 5

Which AV developer raised $100M in funding? Porsche Ventures has invested in what cloud-based platform?

- July 9, 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 9, 2021

- July 9, 2021
Featured Interview: Ryan Kerrigan discusses the state of the industry and trends in the used car market June numbers are officially in and the strength of used vehicles is leading to record...
Daily Newscast

CBT automotive newscast: July 8, 2021

- July 8, 2021
Featured Interview: Brian Pasch addresses the digital marketing challenges car dealers are facing today How are you addressing your marketing measurements in today’s digital landscape? Joining us on today’s show Brian Pasch,...
Daily Newscast
Darwin Automotive

J.D. Power acquires leading automotive finance & insurance software provider Superior Integrated Solutions/Darwin Automotive

- July 7, 2021
TROY, M.I., July 7, 2021-- J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has acquired Superior Integrated Solutions, Inc./Darwin Automotive, a leading provider of...
F&I Auto News

CBT automotive newscast: July 6, 2021

- July 6, 2021
Featured Interview: What is the most important measurement in business that leaders should consistently monitor? - Shep Hyken, NY Times best-selling author Loyal and repeat customers are ideal for business owners to...
Daily Newscast

CBT automotive newscast: July 5, 2021

- July 5, 2021
Featured Interview: Expert auto recruiter Anthony Santangelo discusses what skills he looks for in top salespeople Sales training today looks significantly different than it did just a few years ago. So as...
Daily Newscast
AutoNation sells remaining ..Friday 5

Which EV charging firm raised over $13M? What auto finance startup is now backed by Goldman Sachs?

- July 2, 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

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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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CBT News
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