TSLA376.3492.6289%
GM77.750-0.77%
F12.329-0.1509%
RIVN16.318-0.6318%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.760-3.32%
CVNA403.4900.47%
PAG160.6600.66%
LAD274.690-1.7%
AN202.860-0.11%
GPI339.9500.17%
ABG200.890-1.12%
SAH71.3700.15%
TSLA376.3492.6289%
GM77.750-0.77%
F12.329-0.1509%
RIVN16.318-0.6318%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.760-3.32%
CVNA403.4900.47%
PAG160.6600.66%
LAD274.690-1.7%
AN202.860-0.11%
GPI339.9500.17%
ABG200.890-1.12%
SAH71.3700.15%
TSLA376.3492.6289%
GM77.750-0.77%
F12.329-0.1509%
RIVN16.318-0.6318%
CYD41.470-0.4%
HMC24.325-0.155%
TM192.760-3.32%
CVNA403.4900.47%
PAG160.6600.66%
LAD274.690-1.7%
AN202.860-0.11%
GPI339.9500.17%
ABG200.890-1.12%
SAH71.3700.15%


car dealer news

EV sales decline, BMW

Despite a small decline in Q1 sales, BMW remains on track to reach 2023 target

- April 11, 2023
Despite a decline in demand in the first quarter, BMW said it remains on track for slightly higher sales this year.  Whereas, EV sales increased year-over-year to 64,647 vehicles, the automaker...
Headlines Articles
EPA regulations

How will new EPA regulations change the auto industry?

- April 10, 2023
On Wednesday, Apr 12, 2023,  The U.S. Environmental Protection Agency, EPA, is set to announce new regulations intended to bring EV market share to roughly 67% in the U.S. by...
Articles Headlines
Polestar deliveries

Polestar delivers 12,000 vehicles in Q1, still on track to reach annual production goals

- April 7, 2023
After delivering approximately 12,000 vehicles in the first quarter, Polestar, a Swedish EV manufacturer famed for its Scandinavian simple style, said it is still on track to reach 80,000 deliveries...
Headlines Articles
dealer franchise, Len Bellavia

How manufactures are attempting to capitalize over franchise dealers — Len Bellavia, Esq.

- April 3, 2023
This year, dealer franchise law is a top priority for many state associations. Len Bellavia, founding partner of the law company Bellavia Blatt PC, also known as DealerLaw.com, joins us...
Daily Automotive News CBT Now
ABB Robotics experts

Survey reveals about 600 experts doubt current EV targets

- March 31, 2023
ABB Robotics, a manufacturer of industrial robots, recently commissioned a study that polled almost 600 global industry experts from the engineering, manufacturing, and management fields. The results showed that 59%...
Headlines Articles
navigation Superchargers

New software updates have merged Rivan’s navigation with Tesla’s Superchargers

- March 24, 2023
Rivian's navigation system has been integrated into Tesla’s most recent software update as part of the automaker's attempt to utilize a special plug in the brand's Superchargers.  The first few Supercharger...
Articles Headlines

Latest Articles

Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.
Latest Articles 04/24/26

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%
Latest Articles 04/24/26

Ford boosts U.S. assembly, Stellantis prioritizes turnaround strategy, Hyundai profit drops 24%

Toyota Mobility Foundation Names Innovators in Clean Freight as Detroit Winners of Global Sustainable Cities Challenge
Latest Articles 04/24/26

Toyota Mobility Foundation names innovators in clean freight as Detroit winners of Global Sustainable Cities Challenge

Baumann Auto Group
Latest Articles 04/24/26

Baumann Auto Group acquires Firelands Chevrolet of Norwalk in Ohio

Ford doubles down on U.S. assembly as trade policies shift industry strategy
Latest Articles 04/24/26

Ford doubles down on U.S. assembly as trade policies shift industry strategy

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 04/24/26

Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

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

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
Latest Articles 04/24/26

New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
Latest Articles 04/24/26

2026 Subaru Outback: Rugged evolution meets everyday practicality

Autonomous
Latest Articles 04/24/26

Autonomous future back in focus as Waymo expands, Uber reinvests billions


CBT News
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