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 2, 2021

- July 2, 2021
Featured Interview: Experian's Melissa Zabritski shares key insights into the state of automotive finance Total open loan balances are on the rise, according to Experian's Q1 2021 State of the Automotive Finance...
Daily Newscast
startup

Discovery Loft founders Stephen Southin & Brian Steinhauser discuss their entrepreneurial drive

- July 1, 2021
On this episode of Founder Focus with Steve Greenfield, we hear from Stephen Southin and Brian Steinhauser Co-CEOs and Co-Founders of the Toronto-based company, Discovery Loft. The two have known...
Headlines

CBT automotive newscast: July 1, 2021

- July 1, 2021
Featured Interview: Premier Automotive Group's Troy Duhon discusses his unique approach to acquiring used cars The inventory shortages that automotive retail is facing have forced many car dealers to become more creative...
Daily Newscast

CBT automotive newscast: June 30, 2021

- June 30, 2021
Featured Interview: NAMAD Pres. Damon Lester discusses recent growth in minority-owned dealerships Minority-owned dealerships are on the rise according to recent numbers from the National Association of Minority Automobile Dealers. As 2020...
Daily Newscast
Caldwell

What current auto retail conditions tell us about the remainder of 2021 – Jessica Caldwell, Edmunds

- June 29, 2021
Joining us today on CBT News is the Executive Director of industry insights for Edmunds.com, Jessica Caldwell. Caldwell shares with us an update on the current inventory situation, what kind...
Daily Automotive News Featured

CBT automotive newscast: June 29, 2021

- June 29, 2021
Featured Interview: What current auto retail conditions tell us about the remainder of 2021 - Jessica Caldwell, Edmunds Joining us today on CBT News, is the Executive Director of industry insights for...
Daily Newscast
car dealers

How to thrive in a digitally accelerated landscape

- June 28, 2021
Welcome to another edition of Dealer Advantage. In this segment, Lori Wittman, SVP Dealer Software Solutions, Cox Automotive, hosts a conversation with Linda Crossman of Byers Auto Group, about exploring...
Sales & Marketing Publishing Partners

CBT automotive newscast: June 28, 2021

- June 28, 2021
Featured Interview: Auto retail expert David Lewis discusses how car dealers can increase customer pay revenue On today's show, we're pleased to welcome David Lewis, President, and CEO of David Lewis and...
Daily Newscast
AutoNation sells remaining ..Friday 5

Ford has acquired which EV charging startup? Which auto AI company is now valued at $1B?

- June 25, 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: June 25, 2021

- June 25, 2021
Featured Interview: How Serra Automotive is positioning itself for an even more profitable future Serra Automotive ranks among the top 10 privately-held retail automotive groups in the nation. With 51 car dealerships,...
Daily Newscast

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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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