TSLA375.5801.86%
GM77.795-0.725%
F12.335-0.145%
RIVN16.285-0.665%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.810-3.27%
CVNA403.1000.08%
PAG160.4950.495%
LAD274.695-1.695%
AN203.0600.09%
GPI340.3700.59%
ABG200.960-1.05%
SAH71.3350.115%
TSLA375.5801.86%
GM77.795-0.725%
F12.335-0.145%
RIVN16.285-0.665%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.810-3.27%
CVNA403.1000.08%
PAG160.4950.495%
LAD274.695-1.695%
AN203.0600.09%
GPI340.3700.59%
ABG200.960-1.05%
SAH71.3350.115%
TSLA375.5801.86%
GM77.795-0.725%
F12.335-0.145%
RIVN16.285-0.665%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.810-3.27%
CVNA403.1000.08%
PAG160.4950.495%
LAD274.695-1.695%
AN203.0600.09%
GPI340.3700.59%
ABG200.960-1.05%
SAH71.3350.115%


car dealer news

Bob Morris joins Inside Automotive to discuss a new EV brand titled ARRA, which aims to leverage franchised dealers in the U.S.

How ARRA is looking to upend the direct-to-consumer EV market — Bob Morris | Tim Lamb Group

- June 14, 2023
Dealers concerned about OEMs and industry disruptors that aim to sell electric vehicles directly to consumers may have a possible solution in ARRA, a new EV brand looking to establish a...
Featured Sales & Marketing
Sean Gardner joins Inside Automotive to discuss two complicated issues: negative equity and trade-in customers.

3 tips for helping trade-in customers with negative equity — Sean Gardner | Joe Verde Group

- June 13, 2023
The number of consumers with negative equity has grown in the post-pandemic era, making trade-ins more difficult for all parties. On this episode of Inside Automotive, CBT News anchor Jim...
Featured Sales & Marketing
Focusing on diversity and inclusion in the automotive industry has shifted from being a "nice-to-do" to an essential business initiative

Driving diversity: Embracing inclusion for automotive retail success [Part 1]

- June 6, 2023
Focusing on diversity and inclusion in the automotive industry has shifted from being a "nice-to-do" to an essential business initiative. Many automakers have started to prioritize these efforts, while some...
Articles Daily Automotive News
A dealership's website is the center for its public communications: here's how to make sure you get the most out of yours

5 cutting-edge digital tools to enhance your dealership’s website

- June 1, 2023
A dealership's website is the center for their public communications. The content on your website and how well things work together from trade in tools to finance can have a...
Articles Daily Automotive News
Paul Daly and Kyle Mountsier join CBT Now to discuss their new show "More Than Cars" and how it challenges dealership stereotypes

More Than Cars: The docuseries dismantling dealership stereotypes

- May 24, 2023
"More Than Cars" is a new docuseries produced by TrueCar and Automotive State of the Union (ASOTU), which seeks to challenge dealership stereotypes. On this episode of CBT Now, news...
Featured Daily Automotive News
Alan Haig joins Inside Automotive to discuss the current trends influencing dealership valuations and why he thinks the market will change

Dealership valuation trends: Has it become more difficult to sell? — Alan Haig | Haig Partners

- May 23, 2023
Dealership valuations have become challenging to decipher in the post-COVID economy. On this episode of Inside Automotive, CBT News anchor Jim Fitzpatrick is joined by Alan Haig, president and founder...
Daily Automotive News Inside Automotive
Ford revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production

Ford announces several new deals with lithium suppliers

- May 22, 2023
Ford has revealed multiple agreements with lithium suppliers which it says will allow for a massive increase in electric vehicle production. Five partners were named in the announcement, each of whom...
Articles Headlines
Hyken employees experience

Shep Hyken’s top 3 ‘Golden Rules’ to improve the employee experience

- May 3, 2023
Employee experience should be prioritized and invested in as it ultimately impacts your bottom line. Joining us on another episode of Inside Automotive is Shep Hyken, customer service, and experience...
Sales & Marketing Inside Automotive
wholesale used vehicle prices

Wholesale used vehicle prices changing course in April

- April 19, 2023
After seeing unexpected increases in February and March, wholesale used vehicle prices have started to drop once more. Cox Automotive reports that the Manheim Used Vehicle Value Index (MUVVI) fell to...
Articles Headlines

Tesla slashes Model Y, Model 3 prices again prior to Q1 results

- April 19, 2023
For the sixth time this year, Tesla cuts the costs of certain of its Model Y and Model 3 vehicles in the U.S. in an effort to increase demand, even...
Articles Headlines

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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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Hyundai's profit drops 24% as tariffs, weak global demand persist 
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